Digital platforms and their revenue models

EURIDICE consortium partner Fraunhofer IESE has published research addressing a critical challenge in platform business model design: how platforms capture value among different actors in digital ecosystems. The study presents a comprehensive taxonomy comprising 15 dimensions and 64 characteristics that classify revenue models for digital platforms. Using design science research methodology, the authors developed and empirically evaluated the taxonomy through iterative cycles involving literature review and case studies. A controlled experiment demonstrated that the taxonomy … Read more

TED-e3 method – Tangible Ecosystem Design

How to collaboratively design a platform business model. “Tangible Ecosystem Design” is a new method, developed by Fraunhofer IESE to help companies create a vision of a digital ecosystem. As part of a workshop, the structured approach of the TED method helps to model the different actors, their relationships and the underlying processes within an ecosystem. By visualizing these relationships, complex dynamics become tangible and open up new perspectives for strategic decisions. EURIDICE’s consortium partners, … Read more