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Open AccessJournal ArticleDOI

How AI capabilities enable business model innovation: Scaling AI through co-evolutionary processes and feedback loops

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TLDR
This paper explores how manufacturing firms can develop AI capabilities and innovate their business models to scale AI in digital servitization, and offers insights into how manufacturers can scale AI, with important implications for management.
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This article is published in Journal of Business Research.The article was published on 2021-06-12 and is currently open access. It has received 61 citations till now. The article focuses on the topics: Business model.

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Industry 4.0 and supply chain performance: A systematic literature review of the benefits, challenges, and critical success factors of 11 core technologies

TL;DR: In this article , a systematic literature review (SLR) of supply chain performance in the Industry 4.0 is presented, which presents the benefits, challenges, and critical success factors of each core technology vis-à-vis supply-chain performance individually.
Journal ArticleDOI

Managing digital servitization toward smart solutions: Framing the connections between technologies, business models, and ecosystems

TL;DR: In this article , the authors extend the discussion on product manufacturers' digital servitization toward smart solutions by outlining and reviewing the existing literature on Digital Servitization and smart solutions.
Journal ArticleDOI

The co-evolutionary relationship between digitalization and organizational agility: Ongoing debates, theoretical developments and future research perspectives

TL;DR: In this paper , the authors provide a systematic review of the literature focused on the relationship between digitalization and organizational agility (OA) and apply the bibliographic coupling method to 171 peer-reviewed contributions published by 30 June 2021.
Journal ArticleDOI

Digital technology and business model innovation: A systematic literature review and future research agenda

TL;DR: In this article , the authors conduct a systematic literature review to gather and synthesize the extant knowledge on this topic, identifying four main thematic areas, providing an interpretative framework, and suggesting valuable future research directions within each thematic area.
Journal Article

How to convert digital offerings into revenue enhancement : Conceptualizing business model dynamics through explorative case studies

TL;DR: A threefold framework for revenue enhancement through digital offerings, which distinguishes between three phases of BM dynamics: augmenting products through a “hardware plus” logic, developing a portfolio of multiple logics for creating customer value, and integrating this portfolio through platform logic.
References
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Journal ArticleDOI

Using thematic analysis in psychology

TL;DR: Thematic analysis is a poorly demarcated, rarely acknowledged, yet widely used qualitative analytic method within psychology as mentioned in this paper, and it offers an accessible and theoretically flexible approach to analysing qualitative data.
Book ChapterDOI

Firm Resources and Sustained Competitive Advantage

TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Journal ArticleDOI

Building theories from case study research

TL;DR: In this paper, the authors describe the process of inducting theory using case studies from specifying the research questions to reaching closure, which is a process similar to hypothesis-testing research.
Journal ArticleDOI

Building theories from case study research.

TL;DR: In this paper, the authors define a leadership event as a perceived segment of action whose meaning is created by the interactions of actors involved in producing it, and present a set of innovative methods for capturing and analyzing these contextually driven processes.
Book

The Discovery of Grounded Theory

TL;DR: In this paper, the discovery of grounded theory is discussed and grounded theory can be found in the form of a grounded theory discovery problem, where the root cause of the problem is identified.
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Trending Questions (3)
What are the different ways that AI can be used to transform businesses?

AI can be used to transform businesses through the development of critical capabilities such as data pipeline, algorithm development, and AI democratization.

What are the best practices for integrating AI capabilities into existing innovation processes?

The paper suggests that manufacturers should focus on developing critical AI capabilities such as data pipeline, algorithm development, and AI democratization, and innovate their business models through customer co-creation, data-driven operations, and ecosystem integration to successfully integrate AI capabilities into existing innovation processes.

How AI Drives/facilitate Business Model Innovation??

AI drives business model innovation by enabling the development of critical capabilities such as data pipeline, algorithm development, and AI democratization, which can be scaled through agile customer co-creation, data-driven delivery operations, and scalable ecosystem integration.