Artificial Intelligence has emerged as the most disruptive general-purpose technology in a generation. While its true transformative potential is the subject of heated debate, there is little doubt that no business can harness this potential alone. The high costs of AI development and implementation, combined with the uncertainty of value creation and capture, compel firms to forge partnerships and explore complementarities. This is how innovation ecosystems emerge.
This conference will take stock of this unfolding process and seek answers to key questions:
- What AI-driven innovation ecosystems are taking shape? What types of organizations get involved, the roles they play, and the complementarities and interdependencies among them?
- Who orchestrate these ecosystems and generate their focal value propositions: LLM vendors, cloud service providers, software vendors, or other actors?
- What bottlenecks and thus opportunities for complementary value creation exist, and how do they evolve over time? What are the dynamics of competition and collaboration (coopetition) among orchestrators and complementors, and what are their value capture strategies?
- How should managers decide which bottlenecks to address and business opportunities to pursue, which ecosystems to create or join, and what role to play? How can they capture a fair share of the value generated by the ecosystem?
We will explore these questions at the Penn campus in Philadelphia, alongside leading researchers and practitioners in innovation ecosystems and AI-driven innovation.