Foundations
Define "Social Capital"
The value derived from networks, trust, and relationships
Define "Disruptive Innovation"
An innovation that targets underserved customers and eventually displaces established leaders
What is a "Two-Sided Market"?
A platform connecting two distinct groups (e.g., Grab, Shopee)
Name the 3 actors in the Triple Helix.
Academia, Industry, and Government
Name the 3 pillars of the Triple Bottom Line.
Profit, People, and Planet
Resource vs. Capability: Which is "what you do"
Capability (it is the ability to deploy resources)
What is a "Blue Ocean"?
An uncontested market space where competition is irrelevant
Define the "Network Effect."
When a service becomes more valuable as more people use it
What is the main role of "Academia"?
Knowledge creation and providing a skilled workforce
What is the "Natural Step" framework?
A science-based framework for strategic sustainable development
Name one "Key Actor" in an ecosystem
Entrepreneurs, Investors, Government, or Universities
Name 3 principles of Effectuation
Bird in Hand, Affordable Loss, Crazy Quilt, Lemonade, Pilot in the Plane
How does AI affect ecosystem "Velocity"?
It increases the speed of data processing and adaptation
What is "Knowledge Transfer"?
The process of moving ideas/research from universities to the marketplace
Define "Circular Economy."
A model of "take-make-use-return" instead of "take-make-waste."
What is "Competitive Advantage"?
An attribute that allows an organization to outperform its competitors
Contrast "Causal" VS "Effectual" logic
Causal = Goal-driven; Effectual = Means-driven
Define "Complementors" in a platform
External partners who add value to a core platform (e.g., App developers)
How does Government "orchestrate" the Helix?
Through policy, funding, and creating a stable regulatory environment
What is a "Regenerative" ecosystem?
An ecosystem that doesn't just "protect" the environment but actively improves/restores it
Define "Resource Orchestration"
The process of structuring, bundling, and leveraging resources to create value
Why do "Incumbents" fail to see disruption?
Because they focus on high-margin, existing customers and ignore "lower quality" disruptive threats
How do platforms reduce "Transaction Costs"?
By providing search, payment, and trust mechanisms that make it cheaper to do business
Describe a "Hybrid Organization" in the Helix.
Entities that act as intermediaries between the three actors (e.g., Technology Transfer Offices)
Integrate: AI for the Triple Bottom Line.
Using AI to optimize energy use or reduce waste in a supply chain