01862nas a2200253   4500008004100000022001400041245007600055210006900131260004200200300001000242490000600252520113300258653002301391653001801414653001801432653002201450653001501472653000901487653002401496653001301520653002201533100001701555856003601572       2013                        eng d  a1927-032100aNavigating Risk When Entering and Participating in a Business Ecosystem0 aNavigating Risk When Entering and Participating in a Business Ec  aOttawabTalent First Networkc05/2013  a25-330 v33 aEntrepreneurs typically have limited resources during the start-up phase of a business. Business ecosystems are a strategy for entrepreneurs to access and exchange many different aspects of value, resources, and benefits. However, there may be business risks for entering a particular type of ecosystem, and further risks may be encountered after entering and participating in a business ecosystem. These risks are significant and can inhibit a startup's growth. In this article, the literature on business ecosystems is reviewed as it relates to risk to discover insights of relevance to entrepreneurs, top management teams, and business-ecosystem operators. First, the published research is organized into two streams: i) risks relating to categories of business ecosystems, and ii) risks relating to participating in business ecosystems. Then, the problem is abstracted to develop a potential strategy for managing these risks, which features a pre-entry inspection followed by real-time resource management. Finally, five recommendations are offered for entrepreneurs seeking to enter and participate in business ecosystems.10abusiness ecosystem10adue diligence10aentrepreneurs10aliterature review10amitigation10arisk10arisk identification10astartups10athreat management1 aSmith, Derek  uhttp://timreview.ca/article/685