Governance in Digital Business Ecosystem: A Literature Review

Literature Review
(Governance in Digital Business Ecosystem)

Abstract
The current literature has provided understanding related to the governance in digital
business ecosystem that helps to gain knowledge related to the effectiveness of policies,
process and decisions that are right for digital functions and their impact on the operations of
an organization. The literature has discussed that, the DBE is helpful for gaining a
competitive advantage by implementing innovative approaches that encourage the response
of the company. Moreover, the digital business ecosystem is helpful for managing the
different properties of business considering the scalability and sustainability of the
organization by focusing on the trends and level of competition. However, gap that will
considered for the further study focus on the lack of implementation of policies and right
process for managing the digital services and operations are affecting the business ecosystem.

Table of Contents
Literature review........................................................................................................................1
Introduction............................................................................................................................1
Concept of governance in digital business ecosystem...........................................................1
Role of the governance in digital business ecosystem within an organization......................3
Importance of digital business ecosystem for an organization..............................................4
Elements of the digital business ecosystem...........................................................................6
Research gap and hypothesis.................................................................................................7
References..................................................................................................................................9

Literature review
Introduction
The literature review refers to an analysis of past studies related to the topic that can
be helpful to develop a strong theoretical background for the current study. The analysis of
outcome and approaches used in previous studies are used to support the arguments for
research. The literature review also helps to understand the topic and its critical elements that
play a significant role to enhance the outcome of the study. For the current study, the
researcher will develop theoretical background by focusing on objectives of research for the
digital business ecosystem. The mode of business operations and approaches are changing
due to the emerging of technology and the internet. The organizations are adopting digital
approach over traditional business functions to maintain the effectiveness and growth in the
industry.
There are many studies have been conducted to explore and understand the
governance in digital business ecosystem that helps to gain knowledge related to the
effectiveness of policies, process and decisions that are right for digital functions and their
impact on the operations of an organization (Sussan, & Acs, 2017). However, the concept of
a digital business ecosystem is new for many organizations and lack of knowledge related to
implementation of policies, procedure and utilization is affecting business productivity.
Therefore, the current research will focus on the role of the governance in digital business
ecosystem within an organization and analyse the approach of companies to integrate the
services through a digital platform. Moreover, the research will also focus on different
perspective and elements used for managing the digital business ecosystem to increase
efficiency and effectiveness of functions of an organization.
Concept of governance in digital business ecosystem
The Digital Business Ecosystem (DBE) refers to open and free distributed software
platform that is based on internet tools and technologies. This system is helpful for
organizations to develop and integrate the business operations that support to offer products
and services more effective and efficient manner. In the current scenario, the digital business
ecosystem is emerging as one of the most promising sectors for business organizations to
promote and manage the business operation. These ecosystems are used for analyzing the
demand of customers in real-time and integrate the services in a professional manner to meet
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