Volume : IV, Issue : XII, December - 2015

Indian Business Ecosystem Challenges in the Knowledge Economy

Prof. V. Pushpa Shetty

Abstract :

Organizations today are deeply embedded in a complex ecosystem which is a dynamic network of inter–dependent organizations and depend on each other for success. There is constant change in the business environment which is very fast and inevitable. Understanding a company’s space in its ecosystem can help anticipate its market strengths, challenges and its struggle for survival and sustenance during change. Today, there is a shift in the rules of business as we transit from industrial economy to knowledge based economy. Today, organizations operate in a complex business environment, integrating competition and cooperation innovatively to survive and sustain challenges of global competition. Such complex symbiotic relationships and networks signify business ecosystems. This conceptual study analyses the origin of the concept “business ecosystem’ and analyses the ecosystem structure in the changing context of the economy from the industrial period to the knowledge based economy. Exploring the gaps and challenges posed in execution of ambitious programs of Make in India, Skill India and Digital India to transform India into a knowledge based economy is the focus of this study

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Prof. V. Pushpa Shetty Indian Business Ecosystem – Challenges in the Knowledge Economy International Journal of Scientific Research, Vol : 4, Issue : 12 December 2015

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