Journal ArticleDOI
Servitization and Industry 4.0 convergence in the digital transformation of product firms: A business model innovation perspective
TLDR
This work develops a conceptual framework that connects Servitization and Industry 4.0 concepts from a business model innovation (BMI) perspective and discusses different levels of complexity for the implementation of these configurations.About:
This article is published in Technological Forecasting and Social Change.The article was published on 2019-04-01. It has received 490 citations till now. The article focuses on the topics: Digital transformation & Industry 4.0.read more
Citations
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Driving forces and barriers of Industry 4.0: Do multinational and small and medium-sized companies have equal opportunities?
Dóra Horváth,Roland Zs. Szabo +1 more
TL;DR: In this article, the authors applied a qualitative case study design involving 26 semi-structured interviews with leading members of firms, including chief digital officers and chief executive officers, and found that management desire to increase control and enable real-time performance measurement is a significant driving force behind Industry 4.0, alongside production factors.
Journal ArticleDOI
Digital servitization business models in ecosystems : A theory of the firm
Marko Kohtamäki,Marko Kohtamäki,Vinit Parida,Vinit Parida,Pejvak Oghazi,Heiko Gebauer,Heiko Gebauer,Tim Baines +7 more
TL;DR: In this paper, the authors extend the discussion of digital servitization business models by adopting the perspective of the theory of the firm (i.e., industrial organization, the reso... ).
Journal ArticleDOI
Smart factory performance and Industry 4.0
TL;DR: In this paper, a causal relationship between the degree of openness and performance of companies with Industry 4.0 is analyzed. But, the authors do not consider the impact of enabling technologies on the performance of local manufacturing units.
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The applications of Industry 4.0 technologies in manufacturing context: a systematic literature review
TL;DR: In this paper, a plethora of digital technologies effecting on manufacturing enterprises is discussed. But the authors focus on the effects in the smart factory domain, focusing on the effect in the manufacturing domain.
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Influences of the Industry 4.0 Revolution on the Human Capital Development and Consumer Behavior: A Systematic Review
TL;DR: In this article, a systematic literature review aims to provide an overview of the research to date related to influences of the Industry 4.0 Revolution on human capital development and consumer behavior.
References
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Journal ArticleDOI
Business Models, Business Strategy and Innovation
TL;DR: In this paper, the authors explore the significance of business models and explore their connections with business strategy, innovation management, and economic theory, and understand how the enterprise can organize to best meet customers' needs, get paid for doing so, and make a profit.
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Technological paradigms and technological trajectories: A suggested interpretation of the determinants and directions of technical change
TL;DR: In this article, the authors propose a model to account for both continuous changes and discontinuities in technological innovation, and define the process of selection of new technological paradigms among a greater set of notionally possible ones.
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Industry 4.0
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You are what you can access: Sharing and collaborative consumption online
TL;DR: In this article, the authors compare sharing and collaborative consumption and find that both are growing in popularity today and make an assessment of the reasons for the current growth in these practices and their implications for businesses still using traditional models of sales and ownership.
Journal Article
How Smart, Connected Products Are Transforming Competition
TL;DR: Porter and Heppelmann as discussed by the authors provide a framework for developing strategy and achieving competitive advantage in a smart, connected world by providing a broad set of new strategic choices for companies about how value is created and captured.