Four-Closure： How Amazon, Apple, Facebook ＆ Google Are Driving Business Model Innovation

This paper explores the rapid growth of four internet-based corporations and critiques the extent to which the Internet has developed from being simply a powerful tool and enabler of industry innovation to achieving status as a fully-fledged technology-based business ecosystem. The need to develop new management theories, tools, and techniques to compete with the ＂Gang of Four＂ （Amazon, Apple, Google, and Facebook） is also discussed in some depth as well as providing a critique of traditional models/strategic approaches and more recent theories. This is considered to be an important area of research because as a new class of Internet company emerges, incumbent firms in traditional industries will need to know how to prepare for the new challenges that face them.

Construction of Platform-based Business Ecosystem

As the core and foundation of the business ecosystem,the platform determines its structure and operation mode.The research on platform strategy and business ecosystem is receiving more and more attention from all walks of life.This paper first provided the concept of a platform-based business ecosystem.Then,on the basis of the platform's"control mode"and"position on the industry chain,it designed four types of construction modes of business ecosystem:open participation,open technology,close symbiosis and channel control.In addition,combined with typical cases,it discussed the structure and operating characteristics of each type of business ecosystem.Finally,it analyzed weak points of this study and made some prospects for future study.

Platform Strategies of the Chinese Commercial Drone Manufacturer:A Theoretical and Empirical Study of Ecosystem Development

From the perspective of the business ecosystem,this paper analyzes the competitive advantage and platform strategy of Da-Jiang Innovations Science and Technology Co.,Ltd.(DJI),a Chinese commercial drone manufacturer that is currently leading the global commercial drone industry.DJI was established in 2006 and developed the industry’s first core components such as drone control system.DJI released its“Phantom”in the United States in 2013 and occupied the global commercial drone market accounting for 70%in a short period of time.Its market share has maintained its superiority till present.During the inflection transition from the formation of a new ecosystem to expansion,DJI has defended and strengthened its core technology through a strong containment strategic action of competing with GoPro;therefore,DJI has obtained its hub position of multiple markets with bargaining power.In addition,DJI has entered the surrounding markets of corporate market from the general consumer market,and instilled its own product standards&design standards(reference design).Furthermore,it has stimulated and revitalized coexisting companies,individual&corporate customers for expanding the ecosystem of drone industry.

Industrial Ecosystem and the Development of Strategic Emerging Industries

Based on the theories of business ecosystem and national innovation system, this paper proposes a concept of industrial ecosystem. Differ from ecologists and environmentalists who regard industrial ecosystem as the natural ecosystems in which material, energy and information circulates, this paper defines industrial ecosystem as a set of factors that are vital to the development of a certain industry and their interrelationship. The industrial ecosystem consists of three sub-systems that are innovation ecosystem, production ecosystem, and application ecosystem, and subsidiary factors that include factor supply, infrastructure, socio-cultural environment, international environment and policy system. The industrial ecosystem is characterized by interdependencies, complex interactions, self-recovery and co-evolution. The development of an industry is＇ the result of the reaction of the whole industrial ecosystem; therefore, the competition in strategic emerging industries among countries is in essence the competition in industrial ecosystems. Those countries which are able to take the lead in setting up complete industrial ecosystem will occupy advantage in developing strategic emerging industries. Cultivating and developing strategic emerging industries requires promoting the development and coordination of the whole ecosystem.

Instrumental Approach in Human Capital Management: A Conceptual Framework

Human Capital Management(HCM)is a management concept that demands theoretical foundations for implementation.It must not be easily equated with human resource management activities.HCM must include initiatives directly focused on the knowledge resources that are at the organization’s disposal.However,using only internal knowledge resources is not enough to raise the level of competitiveness.Organizations must reach outside their environment.It has been adopted that,in instrumental terms,HCM is based on intentionally selected and applied organizational,technical,social,formal,and legal,as well as economic and financial instruments in a manner that enables the organization’s goals to be achieved.At the inter-organizational level,HCM was included in the organization’s business ecosystem as the organization gains new opportunities to use the knowledge and human capital of its stakeholders thanks to its network connections.It is from this perspective that the article proposes the main concepts,goals and practices,methods that HCM can serve.