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What is Digital Business Ecosystem

Encyclopedia of Data Science and Machine Learning
The digital business ecosystem is an extension of the business ecosystem in a digital environment populated by digital entities such as software applications, hardware and processes. Unlike the classic business ecosystem which has generic organizational interdependence, DBE places more emphasis on the central role of digital technology in the organizational interdependence of companies.
Published in Chapter:
Hybrid Machine Learning for Matchmaking in Digital Business Ecosystems
Mustapha Kamal Benramdane (CNAM, France), Samia Bouzefrane (CNAM, France), Soumya Banerjee (MUST, France), Hubert Maupas (MUST, France), and Elena Kornyshova (CNAM, France)
Copyright: © 2023 |Pages: 22
DOI: 10.4018/978-1-7998-9220-5.ch168
Abstract
Digital platforms bring together organizations from different market segments. Consequently, digital business ecosystems orient themselves gradually according to the constraints imposed by different organizations although they are under the same segments. This phenomenon of influence also considerably enriches the data corpus. It has seldom been observed that the existing data features are always dynamic in nature. The context has become more challenging as many companies are often reluctant to share their information probably due to its confidentiality. Hence, with this paradigm of several variations, conventional matching to search a particular enterprise from the largest data corpus fails to deliver optimal matching prediction with respect to the different roles of the enterprises. This article presents an analytical and practical case study deploying a hybrid machine learning algorithm. The proposed methods depict the background of the digital business ecosystem, missing data imputation, and supervised machine learning approaches towards developing such models.
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It helps to support digital business models and local and regional development and growth encouraging cooperation between small organizations, entrepreneurs, local government, public administration, research, and innovation centers to promote the cohesion of local communities and enable new modes of sustainable e-business practices and open innovation.
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