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Orchestrating Innovation Ecosystems - a case study on the financial big data cluster

Date of news: 8 July 2022

Gaia-X aims to build a new generation of transparent, controllable, and interoperable services that implement a common set of rules shared by hundreds of European and non-European players in the market to bolster the European sovereignty in digitalisation and the data economy.

However, can one orchestrate such an ecosystem? And if so, who should be the orchestrator and how should one go about it?

In our contribution to the Gaia-X newsletter (pdf, 1,6 MB), Luisa Kruse, Sebastian Schäfer - both from TechQuartier - and Jonas Geisen (Radboud PhD student and member of the Centre for Organization Restructuring research team) deep-dived into the project safe Financial Big Data Cluster (FBDC) to extrapolate answers for such an approach of open innovation.

We find that innovation hubs are in a prime position to take over the role of an orchestrator of a publicly funded ecosystem. To make most of the complementary, modular actors within such an ecosystem we suggest a hybrid orchestration form. Finally, it is important to mention that a successful ecosystem not only needs orchestrators but also contributors to create something new and valuable. At best, these should be innovative and have the capability to lead the ecosystem to new perspectives and products.