This chapter builds upon previous discussions conceptualizing the active economy by focusing on one of its key features: the stakeholders. In particular, the authors seek to answer three fundamental questions regarding how to conceptualise active economies including: (1) What stakeholders comprise an active economy? (2) How can we identify stakeholders within an active economy? (3) How do these stakeholders interact in order to produce systems of value? In response to these questions, they provide an overview of the stakeholder saliency literature and discuss how it may be possible to conceptualize stakeholders within the active economy by outlining a topology and a conceptual framework for the identification and classification of stakeholders. Finally, they illustrate how this conceptual framework can be used to identify stakeholders within global, national, and regional active economies and through a case study of Strava Inc.