Servitization: Disentangling the impact of service business model innovation on manufacturing firm performance
TLDR
In this paper, the authors analyzed the value creation and value appropriation processes of 44 national subsidiaries of a global manufacturing firm turned product-service provider, in the 2001-2007 period, and found that the firm under study is able to successfully transcend the inherent substitution of products by services and to enact complementary sales dynamics between the two activities.About:
This article is published in Journal of Operations Management.The article was published on 2013-05-01 and is currently open access. It has received 584 citations till now. The article focuses on the topics: Service (business) & Profitability index.read more
Figures
Table 3. Results from Hypotheses Testing 
Figure 1. Relationship between service scale and subsidiary profit margin* 
Table 1.a Overview of the variables and their use 
Table 1.a Overview of the variables and their use 
Table 2. Summary statistics and correlation coefficient No Variable Obs Mean SD Min Max 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Citations
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Exploring Servitization and Digital Transformation of Manufacturing Enterprises: Evidence from an Industrial Internet Platform in China
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Service-Logic Rather than Product-Logic
TL;DR: In this article, the authors discuss the role of service-logic in more sustainable business models and discuss how companies conduct services for their customers, whether they do so by means of physical products or not.
Journal ArticleDOI
Unpacking the mechanism linking digital servitization and manufacturing firm performance: the role of the service networks and slack resources
TL;DR: In this paper , the mediating mechanism of service networks in the relationship between digital servitization and manufacturing firm performance is theorized, and it is clarified that service networks mediate the association between basic digital services and manufacturing firms performance but not advanced digital services.
Proceedings ArticleDOI
E-MRO service planning with uncertain constraints based on stochastic programming
TL;DR: A stochastic programming model involving multi-choice parameters, where uncertain factors in E-MRO are quantified is proposed, to seek optimal service planning.
The Role of Startups versus Incumbent Firms
TL;DR: Andrews et al. as mentioned in this paper discussed the role of innovation and entrepreneurship in economic growth, focusing on entrepreneurship as a critical factor for economic growth and highlighted the importance of entrepreneurship in the economic growth process.
References
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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.
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Econometric Analysis of Cross Section and Panel Data
TL;DR: This is the essential companion to Jeffrey Wooldridge's widely-used graduate text Econometric Analysis of Cross Section and Panel Data (MIT Press, 2001).
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Dynamic capabilities and strategic management
TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
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Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
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