
While corporate governance is largely determined by pre-existing frameworks of business law, business ecosystems lack a pre-existing legal framework. Here governance is a messy affair, often driven by blind power dynamics. The natural friction between the two contexts undermines even the most promising collaborative ventures. To mitigate this conflict, organizations must evolve by developing the capability to operate in both. They need to excel in dual governance. This article aims to provide some orientation by outlining eight principles that will help navigate this conundrum.