The term ‘Ecosystem’ was first used in 1935 in a publication by the British ecologist Sir Arthur Tansley. He devised the concept of an ecosystem to draw attention to the importance of the transfer of materials between organisms and their environment.
Starting in the early 1990s, James F. Moore introduced the strategic planning concept of a business ecosystem. He defined the ‘business ecosystem’ as an economic community supported by a foundation of interacting organizations and individuals.
With advancements in science and technology, new business ecosystems will evolve. We need a dual-ecosystem strategy: a) for caretaking of nature to support our intrinsic mind-body requirements and b) for building-up AI enhanced individuals and organizations to establish economic sustainability.MORE COMMENT