Features of Network Relationships in Business Ecosystems

Abstract

This research is devoted to the investigation of issues concerning widespread integration into business communities in order to achieve common goals. This integration is the result of society’s evolving requirements, which need a sustainable solution in the 21st century.Organizations alone cannot create advanced solutions in modern times, so legally independent “equal” participants band together to solve common goals in order to improve the overall competitiveness of the business ecosystem.Management theory provides a large arena for thought on the management of distinct non-hierarchical connections between partners in business ecosystems. Launching innovations are needed on shifting the paradigm of competition, reworking the principles of generating partnerships, switching to process management, and, in general, constructing organizational mechanisms in “non-organizational forms”.The study focuses on the difficulties of nonlinear connection construction and maintenance in nonhierarchical organizations with multilateral interactions, stages of business ecosystem growth, and fundamental principles of business ecosystem development and creation.