Reviewing Literature on Digitalization, Business Model Innovation, and Sustainable Industry: Past Achievements and Future Promises

Parida, Vinit,1983-Luleå tekniska universitet,Industriell Ekonomi,University of Vaasa, Vaasa, Finland (author)

Reviewing Literature on Digitalization, Business Model Innovation, and Sustainable Industry : Past Achievements and Future Promises

Validerad;2019;Nivå 2;2019-01-28 (svasva)
Digitalization is revolutionizing the way business is conducted within industrial value chains through the use of Internet of Things (IoT) technologies, intensive data exchange and predictive analytics. However, technological application on its own is not enough; profiting from digitalization requires business model innovation such as making the transition to advanced service business models. Yet, many research gaps remain in analyzing how industrial companies can leverage digitalization to transform their business models to achieve sustainability benefits. Specifically, challenges related to value creation, value delivery, and value capture components of business model innovation need further understanding as well as how alignment of these components drive sustainable industry initiatives. Thus, this special issue editorial attempts to take stock of the emerging research field through a literature review and providing a synthesis of special issue contributions. In doing so, we contribute by developing a framework that communicates and sets the direction for future research by linking digitalization, business model innovation, and sustainability in industrial settings.

TEKNIK OCH TEKNOLOGIER Annan teknik Övrig annan teknik hsv//swe
ENGINEERING AND TECHNOLOGY Other Engineering and Technologies Other Engineering and Technologies not elsewhere specified hsv//eng
digitalization
business model innovation
advanced services
digital services
product–service systems (PSS)
sustainability
circular economy
value creation
value capture
Entreprenörskap och innovation
Entrepreneurship and Innovation

Sjödin, David,1983-Luleå tekniska universitet,Industriell Ekonomi(Swepub:ltu)davron (author)
Reim, WiebkeLuleå tekniska universitet,Industriell Ekonomi(Swepub:ltu)wierei (author)
Luleå tekniska universitetIndustriell Ekonomi (creator_code:org_t)

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ENGINEERING AND TECHNOLOGY: ENGINEERING AND ...; and Other Engineerin ...; and Other Engineerin ...

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