TY - JOUR
T1 - Approaches for resilience and antifragility in collaborative business ecosystems
AU - Ramezani, Javaneh
AU - Camarinha-Matos, Luis M.
N1 - This work was funded in part by the Center of Technology and Systems (CTS) and the Portuguese Foundation for Science and Technology (FCT) through the Strategic Program UID/EEA/00066/2019.
We also thank partial contribution from the project POCI-01-0247-FEDER-033926 (Future Yammi).
PY - 2020/2
Y1 - 2020/2
N2 - Contemporary business ecosystems are continuously challenged by unexpected disruptive events, which are increasing in their frequency and effects. A critical question is why do some organizations collapse in face of extreme events, while others not? On the other hand, current engineering and socio-technical systems were designed to operate in “mostly stable” situations; sporadic instability and disturbances are at best captured by exception handling mechanisms, focusing on reliability and robustness. Recent and more ambitious design goals, however, aim at building systems that are expected to cope with severe disruptions, and survive or even thrive in a context of volatility and uncertainty. This led to an increasing attention to the concepts of resilience and antifragility. As such, this article introduces the findings of a comprehensive literature survey aimed at shedding light on emerging concepts and approaches to handle disruptions in business ecosystems. Main contributions include a clarification of related concepts, identification and classification of disruption sources and drivers, and extensive lists of strategies and underlying capabilities to cope with disruptions. Related perspectives and approaches developed in multiple knowledge areas are also analysed and synthesized. Finally, a collection of engineered systems implementing promising approaches to increase resilience and antifragility are presented.
AB - Contemporary business ecosystems are continuously challenged by unexpected disruptive events, which are increasing in their frequency and effects. A critical question is why do some organizations collapse in face of extreme events, while others not? On the other hand, current engineering and socio-technical systems were designed to operate in “mostly stable” situations; sporadic instability and disturbances are at best captured by exception handling mechanisms, focusing on reliability and robustness. Recent and more ambitious design goals, however, aim at building systems that are expected to cope with severe disruptions, and survive or even thrive in a context of volatility and uncertainty. This led to an increasing attention to the concepts of resilience and antifragility. As such, this article introduces the findings of a comprehensive literature survey aimed at shedding light on emerging concepts and approaches to handle disruptions in business ecosystems. Main contributions include a clarification of related concepts, identification and classification of disruption sources and drivers, and extensive lists of strategies and underlying capabilities to cope with disruptions. Related perspectives and approaches developed in multiple knowledge areas are also analysed and synthesized. Finally, a collection of engineered systems implementing promising approaches to increase resilience and antifragility are presented.
KW - Antifragility
KW - Business ecosystem
KW - Collaboration
KW - Disruptions
KW - Resilience
UR - http://www.scopus.com/inward/record.url?scp=85075823698&partnerID=8YFLogxK
U2 - 10.1016/j.techfore.2019.119846
DO - 10.1016/j.techfore.2019.119846
M3 - Article
AN - SCOPUS:85075823698
SN - 0040-1625
VL - 151
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
M1 - 119846
ER -