Business Ecosystem

A business ecosystem refers to the network of interconnected organizations, individuals, and resources that work together to create and deliver value. This includes companies, suppliers, customers, and competitors, all interacting in a shared environment. In this ecosystem, businesses collaborate and compete, influencing each other's success. For example, a tech company might work with software developers, hardware manufacturers, and service providers, creating a dynamic environment where innovation thrives. The health of this ecosystem affects overall performance, as strong relationships and flows of information can lead to growth and resilience in the market.