In addition, this study is based on a single case study in a single country, without comparing the results to any other cases or countries. MY is short for mayi, which in the Chinese language means Ant. In addition, this study is based on a single case study in a single country, without comparing the results to any other cases or countries. Practical implications: With regards to the practical perspective, the Alipay case may serve as an example that other providers follow, taking similar actions to increase the dependency of others and reduce their own dependency on others. T2 - a case study of Alipay wallet. Research limitations/implications: The main limitation of this case is that it was conducted in a Chinese context, which has specific features that may not apply to other cases. Findings: The results show that actors with heterogeneous and complementary resources can forge sustainable collaboration. Micro-payments are often related to high transaction costs for banks. In addition, although it is difficult to define the boundaries of actors in the ecosystem, the core business of every actor is the key competitive or even survival condition.

In other words, the scope and boundary of the actors are clearly identified so that the core business will not be threatened. PY - 2016/8/8. It is helpful to take a keystone strategy to create value within the ecosystem and share this value with other participants. Therefore, some modifications may have to be made when applying the framework and generalizing the results.Emerald Group Publishing LimitedThe results show that actors with heterogeneous and complementary resources can forge sustainable collaboration. Originality/value: The authors proposed the StReS framework for analyzing a business ecosystem by combining resource-based review, resource dependency theories and network analysis for investigating the motivations of the organizations cooperating in the core ecosystem and the actions they have taken to reduce dependency and uncertainty.U2 - 10.1108/info-01-2016-0003AB - Purpose: To understand why the penetration of handset-based mobile payment in most countries is still low has been an important research topic for the last 15 years, and it has been analyzed from different perspectives. What’s important is that we have already discovered the existence of such a model and no longer think about it theoretically.Also, when put in front of a sophisticated system, there is one thing that is brutal, yet fair to all: Regardless of whether you’re an industry veteran with ample experience or a fresh rookie, success depends on the actual outcome of the product’s execution. However, the analysis of a single aspect cannot provide a sophisticated answer to the complicated underlying question. For instance, Alipay will not aim to become a bank, as they know that if they do so, they cannot connect any other bank to their platform.

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Alipay, and we make daily use of search engines like Google, Yahoo or Baidu. Micro-payments are often related to high transaction costs for banks. It seemed like pure coincidence and destiny at the same time. As such, they were not paying any attention to new products.WeChat Pay became a key player and game-changer in the mobile payment industry with its bottom-up user-centric design.On May 8, 2013, WeChat Pay was officially launched.

From a technical standpoint, developing functions like “Snatching the Red Packet” and “Give Red Packet” is not particularly difficult. This notion should be taken into consideration by actors whose actions affect the business of other ecosystem partners.

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