Evolution and Value Co-Creation Processes of Technological Resource-Driven Innovation Ecosystems: A Case Study of iFLYTEK

Abstract

With the advancement of technology, innovation ecosystems based on technological resources gradually emerge. However, little attention has been paid to the internal mechanisms driving the evolution of such ecosystems in extant literature. This study conducts a longitudinal case analysis of iFLYTEK’s ecosystem-building process and finds that the evolution of a technological resource-driven innovation ecosystem comprises three stages: technological accumulation, technological openness, and technological empowerment. Each stage exhibits distinct technological characteristics that underpin different resource orchestration approaches and value co-creation models. In the technological accumulation stage, the company forms an integrated value-creation model by structuring resources. In the technological openness stage, a shared value co creation model is shaped through resource capability development. In the technological empowerment stage, a model emerges via resource leveraging. Based on these findings, this study proposes a theoretical model of the evolution and value co-creation of technological resource-driven innovation ecosystems. This model not only enriches theoretical research on innovation ecosystems and resource orchestration but also provides practical insights for building other technological resource-driven innovation ecosystems.

Keywords

innovation ecosystems / technological resources / resource orchestration / value co-creation

RIGHTS & PERMISSIONS

Higher Education Press