Table 12 The Framework and Steps of the Business Ecosystem Modeling

Part I

Business ecosystem architecture development

Identify the boundary of a selected ecosystem.

Identify actors and their roles in the ecosystem.

Identify actors’ value propositions and business models.

Identify interaction between actors (different types of interactions.)

Part II

Factor analysis

Investigate influential factors and their impact on the elements in the ecosystem (actors, roles, and interaction.)

Investigate potential changes in the ecosystem.

Part III

Ecosystem simulation and reconfiguration

Multi-agent based ecosystem modeling to identify ecosystem reaction towards the potential changes.

Ecosystem reconfiguration (including reconfiguration of actors, roles, and interaction) due to changes, system dynamics modeling might be applied at this stage.

Business model reconfiguration.