Analysis of Business Connections Utilizing Theory of Topology of Random Graphs

A business ecosystem is a system that describes interactions between organizations. In this paper, we build a theoretical framework that defines a model which can be used to analyze the business ecosystem. The basic concepts within the framework are organizations, business connections, and market, that are all defined in the paper. Many researchers analyze the performance and structure of business using the workflow of the business. Our work in business connections answers a different set of questions, concerning the monetary value in the business ecosystem, rather than the task‐interaction view that is provided by workflow analysis.We apply methods for analysis of the topology of complex networks, characterized by the concepts of small path length, clustering, and scale‐free degree distributions. To model the dynamics of the business ecosystem we analyze the notion of the state of an organization at a given instant of time. We point out that the notion of state in this case is fundamentally different fro...