Proceedings ArticleDOI
Ingredients of Successful Emerging Business Ecosystems: Case of Industrial IoT Adoption
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In this paper, the authors combine innovation diffusion, systems transition, innovation systems and business ecosystem literature to identify ingredients in ecosystem dependent firms for industrial IoT adoption from an ecosystem actors' perspective.Abstract:
An emerging business ecosystem presents a future new value creation opportunity for firms that choose to collaborate effectively in a timely manner. This paper combines innovation diffusion, systems transition, innovation systems and business ecosystem literature to identify ingredients in ecosystem dependent firms. These insights are applied to the case of Industrial Internet of Things (IoT) adoption from an ecosystem actors' perspective. Two contrasting engagement models are presented based on this guidance that possess a higher likelihood of success.read more
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Journal ArticleDOI
Addressing Conceptual Randomness in IoT-Driven Business Ecosystem Research.
TL;DR: This article articulates logic for viewing the conceptual hierarchy within the business ecosystem research and proposes six literature-based recommendations for developing further IoT-driven digital business ecosystem (DBE) research in a rigorous way.
References
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BookDOI
National Systems of Innovation: Towards a Theory of Innovation and Interactive Learning
TL;DR: In this paper, a new approach to national systems of innovation is proposed, where the public sector is viewed as a pacer in the development of industrial networks, and the role of finance in national system of innovation.
Journal ArticleDOI
Blockchains and Smart Contracts for the Internet of Things
TL;DR: The conclusion is that the blockchain-IoT combination is powerful and can cause significant transformations across several industries, paving the way for new business models and novel, distributed applications.
Journal ArticleDOI
Sectoral systems of innovation and production
TL;DR: The concept of sectoral system of innovation and production as mentioned in this paper provides a multidimensional, integrated and dynamic view of sectors, where agents carry out market and non-market interactions for the creation, production and sale of those products.
Book
Predators and prey: a new ecology of competition
TL;DR: In this article, Moore sets up a new metaphor for competition drawn from the study of biology and social systems and suggests that a company should be viewed not as a member of a single industry but as a part of a business ecosystem that crosses a variety of industries.
Journal Article
Predators and prey: a new ecology of competition.
TL;DR: It's largely competition among business ecosystems, not individual companies, that's fueling today's industrial transformation, and executives must understand the evolutionary stages all business ecosystems go through and, more important, how to direct those changes.