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Smart Products value creation in SMEs innovation ecosystems

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  • Kahle, Júlia Hofmeister
  • Marcon, Érico
  • Ghezzi, Antonio
  • Frank, Alejandro G.

Abstract

Technological innovations are increasing the opportunities to develop technically and economically feasible Smart Products. However, the development of Smart Products requires knowledge and capabilities that single companies usually do not possess, thus creating new opportunities for cooperation through the establishment of innovation ecosystems focused on Smart Products. Hence, this study aims at understanding possible configurations for these ecosystems by considering the required characteristics they should display to allow the development of Smart Products from their early stages. We conducted a case study in an electro-electronic and automation industrial cluster of 120 small and medium-sized enterprises (SMEs), based on 37 interviews with key participants in the ecosystem: 15 SMEs executives, 8 academics, 2 R&D center representatives, 8 large manufacturing customers, 3 business associations and 1 state government representative. As a result, we developed a conceptual framework that presents the required characteristics of an innovation ecosystem to offer Smart Products, and discloses the relationships among these characteristics.

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  • Kahle, Júlia Hofmeister & Marcon, Érico & Ghezzi, Antonio & Frank, Alejandro G., 2020. "Smart Products value creation in SMEs innovation ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
    • Handle: RePEc:eee:tefoso:v:156:y:2020:i:c:s0040162519322176
    DOI: 10.1016/j.techfore.2020.120024
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    14. Muna Adilah & Hsin Rau & Katrina Mae Procopio, 2023. "Using an Axiomatic Design Approach to Develop a Product Innovation Process with Circular and Smart Design Aspects," Sustainability, MDPI, vol. 15(3), pages 1-24, January.
    15. Ricci, Riccardo & Battaglia, Daniele & Neirotti, Paolo, 2021. "External knowledge search, opportunity recognition and industry 4.0 adoption in SMEs," International Journal of Production Economics, Elsevier, vol. 240(C).
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    18. Xie, Xuemei & Wang, Hongwei, 2021. "How to bridge the gap between innovation niches and exploratory and exploitative innovations in open innovation ecosystems," Journal of Business Research, Elsevier, vol. 124(C), pages 299-311.
    19. Lijie Feng & Jiarui Lu & Jinfeng Wang, 2021. "A Systematic Review of Enterprise Innovation Ecosystems," Sustainability, MDPI, vol. 13(10), pages 1-26, May.
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    21. Paolo Bogarelli & Nicola Castellano, 2023. "L?implementazione di tecnologie 4.0 nelle piccole imprese: analisi di un caso di successo," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2023(2), pages 137-164.
    22. Shet, Sateesh V. & Pereira, Vijay, 2021. "Proposed managerial competencies for Industry 4.0 – Implications for social sustainability," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    23. Marcon, Arthur & Ribeiro, Jose Luis Duarte, 2021. "How do startups manage external resources in innovation ecosystems? A resource perspective of startups’ lifecycle," Technological Forecasting and Social Change, Elsevier, vol. 171(C).

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