The theory of business ecosystems was developed by business strategist James Moore in 1993.Ecosystems create strong barriers to entry for new competition as the ecosystem already consists of the players that allow it to function.The idea is that each entity in the ecosystem affects and is affected by the others, creating a constantly evolving relationship in which each entity must be flexible and adaptable in order to survive, as in a biological ecosystem. ![]() ![]() ![]()
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