Publication type: Conference other
Type of review: Peer review (publication)
Title: Business model innovation triggered by Industry 4.0
Authors: Scherrer, Maike
Deflorin, Patricia
Schillo, Katrin
Ziltener, Andreas
et. al: No
Conference details: Spring Servitization Conference «Internationalisation through Servitization», Lucerne, 15-17 May 2017
Issue Date: 2017
Language: English
Subjects: Business model innovation; Technologies enabling digital transformation; industrial internet
Subject (DDC): 658.4: Executive Management
670: Manufacturing
Abstract: Purpose: Technologies related to industrial internet/industry 4.0 may have a huge potential to generate new value. We argue that in order to fully explore and exploit the potential of those technologies, the concept of business models needs to be applied. Design/Methodology/Approach: We apply an explorative research approach based on case study analysis. We analyse four examples of business model innovation in order to understand how technologies can be explored and exploited by means of business model innovation. Findings: It is essential to explore and exploit new technologies. Business model innovation without the adoption of new technologies affects the business model outcome negatively. Originality/Value: Connectivity is central to industrial internet/industry 4.0. Hence, it needs to be included into the business model decomposition. In addition, the analysis shows the interdependencies between the different dimensions and thus, enhances transparency
Fulltext version: Published version
License (according to publishing contract): Licence according to publishing contract
Departement: School of Engineering
Organisational Unit: Institute of Sustainable Development (INE)
Appears in collections:Publikationen School of Engineering

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