Unpacking the role of political will in digital business ecosystem development for socioeconomic benefits

Abstract

As digital technology transforms many organisational alliances, new collaborative networks such as digital business ecosystems have emerged. In digital business ecosystems, participants leverage technological innovations to develop capabilities for value co-creation. Despite the growing number of studies, there is lack of research on how political-will facilitates development of digital business ecosystems. Therefore, this study develops a framework to explicate the role of political-will in the development of digital business ecosystems to achieve socioeconomic benefits. The findings show that political-will leads to provision of resources and legislative support as well as formulation of strategic initiatives required at the birth, expansion and maturity phases of digital business ecosystems to generate socioeconomic benefits such as (1) reduced corruption, (2) improved operational processes, (3) increased government revenue, (4) reduced bureaucracy and (5) improved transparency, fairness and accountability.