Glossary

Business Ecosystem

Definition

A business ecosystem is a network of organizations—including suppliers, partners, customers, competitors, and stakeholders—that interact and collaborate to create value within a specific market or industry. These interconnected entities work both independently and collectively to drive innovation, efficiency, and growth.

For startups, understanding and participating in a business ecosystem is essential to build partnerships, access resources, and thrive in competitive environments.

‍

Types of Business Ecosystems

  1. Platform Ecosystems: Ecosystems built around a central platform, such as app marketplaces (e.g., Apple App Store).
  2. Innovation Ecosystems: Networks that prioritize research, development, and new technologies to drive innovation.
  3. Supply Chain Ecosystems: Systems where businesses collaborate to optimize production, logistics, and delivery processes.
  4. Customer-Centric Ecosystems: Ecosystems that revolve around enhancing customer experience through interconnected services.

‍

Ready to kick-start your own fundraising journey?

Or want to know more about pre-seed funding?

Contact us
Pitchdrive
Our storyHow we workOur teamPortfolioStoriesAcademyGlossary
Locations
Antwerp (HQ)GhentAmsterdamBerlinBarcelonaLondon
© 2023 Pitchdrive. All right reserved.
Privacy PolicyESGTerms of ServiceCookies Settings