University of New Orleans Fund
As service-oriented computing enables businesses to expose their functions more widely, a business ecosystem forms around the exposed services. This paper reports research-in-progress that considers standardization as an enabler in business ecosystems. Based on issues encountered, the authors propose that: business model design is also critical for standards bodies; standards can separate competition from cooperation; standards employ rule-centric designs; and requirements specification and compliance checking are essential. The propositions are illustrated using a standards body with which they have been working.