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Toward Ecosystemic Business Models in the Context of Industrial Internet

Journal of Business Models

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Field Value
 
Title Toward Ecosystemic Business Models in the Context of Industrial Internet
 
Creator Iivari, Marika Miriam
Ahokangas, Petri
Komi, Marjaana
Tihinen, Maarit
Valtanen, Kristiina
 
Subject Business models
Ecosystem, Industrial Internet, Internet of Things, value co-creation, value co-capture
 
Description Purpose: This study explores business models within a particular domain of Industrial Internet. Design/Methodology/Approach: Building from theory, this study is conceptual in nature. Findings: This paper presents a business model framework for understanding the dynamics of value co-creation and co-capture from lifecycle and ecosystem configuration point of view. Research limitations/implications: This study stresses the need to understand how the integrated, co-dependent processes of value co-creation and co-capture influence on business models of individual firms in co-evolving business ecosystems. Practical implications: To fully benefit from the mutually connected opportunities enabled by IoT, it is important for firms to position themselves within the ecosystem in terms of the stage of product or service life cycle as well as the scale and scope of ecosystem configuration. Originality/value: The originality of this research thus relates to expanding the business model literature from ecosystemic perspective. 
 
Publisher Aalborg Universitetsforlag
 
Contributor —
 
Date 2016-10-23
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
Conceptual paper
 
Format application/pdf
 
Identifier http://journals.aau.dk/index.php/JOBM/article/view/1624
10.5278/ojs.jbm.v4i2.1624
 
Source Journal of Business Models; Vol 4, No 2 (2016): SPECIAL ISSUE: SUSTAINABILITY AND SCALABILITY OF BUSINESS MODELS
2246-2465
 
Language eng
 
Relation http://journals.aau.dk/index.php/JOBM/article/view/1624/1306
 
Rights Copyright (c) 2016 Journal of Business Models