IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v164y2021ics0040162520313093.html
   My bibliography  Save this article

Assessing the effect of 3D printing technologies on entrepreneurship: An exploratory study

Author

Listed:
  • Rayna, Thierry
  • Striukova, Ludmila

Abstract

The aim of this paper is to critically assess the effect of 3D printing technologies on entrepreneurship. While 3D printing technologies (also known as ‘additive manufacturing’) have been considered as highly transformative technologies, they have been so far (despite over 30 years of existence) restricted to niche markets, and until recently, it seemed that only the largest firms were able to take advantage of those technologies. However, the cost of use of such technologies has sharply decreased over the past few years, and an increasing number of service companies offer both offline (Fab Labs, makerspaces, bureaus) and online (3D printing platforms) access to 3D printing capacities, enabling to “bridge the gap” and provide access to 3D printing technologies to everyone.

Suggested Citation

  • Rayna, Thierry & Striukova, Ludmila, 2021. "Assessing the effect of 3D printing technologies on entrepreneurship: An exploratory study," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
  • Handle: RePEc:eee:tefoso:v:164:y:2021:i:c:s0040162520313093
    DOI: 10.1016/j.techfore.2020.120483
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162520313093
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.techfore.2020.120483?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Musalem, Eric Porras & Dekker, Rommert, 2005. "Controlling inventories in a supply chain: A case study," International Journal of Production Economics, Elsevier, vol. 93(1), pages 179-188, January.
    2. Despeisse, M. & Baumers, M. & Brown, P. & Charnley, F. & Ford, S.J. & Garmulewicz, A. & Knowles, S. & Minshall, T.H.W. & Mortara, L. & Reed-Tsochas, F.P. & Rowley, J., 2017. "Unlocking value for a circular economy through 3D printing: A research agenda," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 75-84.
    3. Howard E. Van Auken & Lynn Neeley, 1996. "Evidence of Bootstrap Financing among Small Start-Up Firms," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 5(3), pages 235-249, Fall.
    4. David J. TEECE, 2008. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," World Scientific Book Chapters, in: The Transfer And Licensing Of Know-How And Intellectual Property Understanding the Multinational Enterprise in the Modern World, chapter 5, pages 67-87, World Scientific Publishing Co. Pte. Ltd..
    5. Berman, Barry, 2012. "3-D printing: The new industrial revolution," Business Horizons, Elsevier, vol. 55(2), pages 155-162.
    6. Morris, Michael & Schindehutte, Minet & Allen, Jeffrey, 2005. "The entrepreneur's business model: toward a unified perspective," Journal of Business Research, Elsevier, vol. 58(6), pages 726-735, June.
    7. David Feinleib, 2011. "Why Startups Fail," Springer Books, Springer, number 978-1-4302-4141-6, June.
    8. Zhou, Bin & Zhao, Yao & Katehakis, Michael N., 2007. "Effective control policies for stochastic inventory systems with a minimum order quantity and linear costs," International Journal of Production Economics, Elsevier, vol. 106(2), pages 523-531, April.
    9. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 26-60, January.
    10. Satish Nambisan, 2017. "Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 41(6), pages 1029-1055, November.
    11. Harrison, Debbie & Waluszewski, Alexandra, 2008. "The development of a user network as a way to re-launch an unwanted product," Research Policy, Elsevier, vol. 37(1), pages 115-130, February.
    12. Sabrina Phua & Oswald Jones, 2010. "Marketing in new business ventures: examining the myth of informality," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 11(1), pages 35-55.
    13. Ronald K. Mitchell & Lowell W. Busenitz & Barbara Bird & Connie Marie Gaglio & Jeffery S. McMullen & Eric A. Morse & J. Brock Smith, 2007. "The Central Question in Entrepreneurial Cognition Research 2007," Entrepreneurship Theory and Practice, , vol. 31(1), pages 1-27, January.
    14. Lowell W. Busenitz & James O. Fiet, 1996. "The Effects of Early Stage Venture Capitalist Actions on Eventual Venture Disposition," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 5(2), pages 97-114, Summer.
    15. Letizia Mortara & Nicolas Parisot, 2018. "How do fab-spaces enable entrepreneurship? Case studies of 'makers' - entrepreneurs," International Journal of Manufacturing Technology and Management, Inderscience Enterprises Ltd, vol. 32(1), pages 16-42.
    16. Thierry Rayna & Ludmila Striukova, 2009. "Public venture capital: missing link or weakest link?," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 9(4), pages 453-465.
    17. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    18. John Hauser & Gerard J. Tellis & Abbie Griffin, 2006. "Research on Innovation: A Review and Agenda for," Marketing Science, INFORMS, vol. 25(6), pages 687-717, 11-12.
    19. Martin Baumers & Chris Tuck & Ricky Wildman & Ian Ashcroft & Richard Hague, 2017. "Shape Complexity and Process Energy Consumption in Electron Beam Melting: A Case of Something for Nothing in Additive Manufacturing?," Journal of Industrial Ecology, Yale University, vol. 21(S1), pages 157-167, November.
    20. James J. Chrisman & John Leslie, 1989. "Strategic, Administrative, and Operating Problems: The Impact of Outsiders on Small Firm Performance," Entrepreneurship Theory and Practice, , vol. 13(3), pages 37-52, April.
    21. Bhawe, Nachiket & Rawhouser, Hans & Pollack, Jeffrey M., 2016. "Horse and cart: The role of resource acquisition order in new ventures," Journal of Business Venturing Insights, Elsevier, vol. 6(C), pages 7-13.
    22. Dean A. Shepherd & Andrew Zacharakis, 1999. "Conjoint analysis: A new methodological approach for researching the decision policies of venture capitalists," Venture Capital, Taylor & Francis Journals, vol. 1(3), pages 197-217, July.
    23. Richard T. Harrison & Colin M. Mason, 2000. "Venture capital market complementarities: The links between business angels and venture capital funds in the United Kingdom," Venture Capital, Taylor & Francis Journals, vol. 2(3), pages 223-242, July.
    24. Fabrizio Salvador & de Holan Pablo Martin & Franck Piller, 2009. "Cracking the Code of Mass Customization," Post-Print hal-02312930, HAL.
    25. Bruno, Albert V. & Mcquarrie, Edward F. & Torgrimson, Carol G., 1992. "The evolution of new technology ventures over 20 years: Patterns of failure, merger, and survival," Journal of Business Venturing, Elsevier, vol. 7(4), pages 291-302, July.
    26. Paul Steffens & Per Davidsson & Jason Fitzsimmons, 2009. "Performance Configurations over Time: Implications for Growth– and Profit–Oriented Strategies," Entrepreneurship Theory and Practice, , vol. 33(1), pages 125-148, January.
    27. Valérie Francois, 2015. "Les dynamiques entrepreneuriales d’une spin-off universitaire en phase d’émergence et lauréate du concours BPI," Revue de l'Entrepreneuriat, De Boeck Université, vol. 14(1), pages 41-72.
    28. Maidique, Modesto A. & Zirger, Billie Jo, 1985. "The new product learning cycle," Research Policy, Elsevier, vol. 14(6), pages 299-313, December.
    29. Jiang, Ruth & Kleer, Robin & Piller, Frank T., 2017. "Predicting the future of additive manufacturing: A Delphi study on economic and societal implications of 3D printing for 2030," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 84-97.
    30. Gideon D. Markman & Donald S. Siegel & Mike Wright, 2008. "Research and Technology Commercialization," Journal of Management Studies, Wiley Blackwell, vol. 45(8), pages 1401-1423, December.
    31. Elia, Gianluca & Margherita, Alessandro & Passiante, Giuseppina, 2020. "Digital entrepreneurship ecosystem: How digital technologies and collective intelligence are reshaping the entrepreneurial process," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    32. Hamalainen, Markko & Karjalainen, Jesse, 2017. "Social manufacturing: When the maker movement meets interfirm production networks," Business Horizons, Elsevier, vol. 60(6), pages 795-805.
    33. Michael, Steven C., 2003. "First mover advantage through franchising," Journal of Business Venturing, Elsevier, vol. 18(1), pages 61-80, January.
    34. Robert A. Peterson & George Kozmetsky & Nancy M. Ridgway, 1983. "Perceived Causes of Small Business Failures: A Research Note," Entrepreneurship Theory and Practice, , vol. 8(1), pages 15-19, July.
    35. West, Joel & Kuk, George, 2016. "The complementarity of openness: How MakerBot leveraged Thingiverse in 3D printing," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 169-181.
    36. Rippa, Pierluigi & Secundo, Giustina, 2019. "Digital academic entrepreneurship: The potential of digital technologies on academic entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 900-911.
    37. Aarikka-Stenroos, Leena & Sandberg, Birgitta, 2012. "From new-product development to commercialization through networks," Journal of Business Research, Elsevier, vol. 65(2), pages 198-206.
    38. Gerard George & Adam J. Bock, 2011. "The Business Model in Practice and its Implications for Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 35(1), pages 83-111, January.
    39. Jarkko Pellikka & Markku Virtanen, 2009. "Problems of commercialisation in Small Technology-based Firms," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 9(3), pages 267-284.
    40. Malte Brettel & Andreas Engelen & Thomas Müller & Oliver Schilke, 2011. "Distribution Channel Choice of New Entrepreneurial Ventures," Entrepreneurship Theory and Practice, , vol. 35(4), pages 683-708, July.
    41. Troxler, Peter & Wolf, Patricia, 2017. "Digital maker-entrepreneurs in open design: What activities make up their business model?," Business Horizons, Elsevier, vol. 60(6), pages 807-817.
    42. John T. Perry & Gaylen N. Chandler & Gergana Markova, 2012. "Entrepreneurial Effectuation: A Review and Suggestions for Future Research," Entrepreneurship Theory and Practice, , vol. 36(4), pages 837-861, July.
    43. Giones, Ferran & Brem, Alexander, 2017. "From toys to tools: The co-evolution of technological and entrepreneurial developments in the drone industry," Business Horizons, Elsevier, vol. 60(6), pages 875-884.
    44. Greg Fisher, 2012. "Effectuation, Causation, and Bricolage: A Behavioral Comparison of Emerging Theories in Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 36(5), pages 1019-1051, September.
    45. Kwak, Kiho & Kim, Wonjoon & Park, Kyungbae, 2018. "Complementary multiplatforms in the growing innovation ecosystem: Evidence from 3D printing technology," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 192-207.
    46. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, April.
    47. Letizia Mortara & Nicolas Gontran Parisot, 2016. "Through entrepreneurs’ eyes: the Fab-spaces constellation," International Journal of Production Research, Taylor & Francis Journals, vol. 54(23), pages 7158-7180, December.
    48. Christoph Zott & Raphael Amit, 2007. "Business Model Design and the Performance of Entrepreneurial Firms," Organization Science, INFORMS, vol. 18(2), pages 181-199, April.
    49. Secundo, Giustina & Rippa, Pierluigi & Cerchione, Roberto, 2020. "Digital Academic Entrepreneurship: A structured literature review and avenue for a research agenda," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    50. Frédéric Thiesse & Marco Wirth & Hans-Georg Kemper & Michelle Moisa & Dominik Morar & Heiner Lasi & Frank Piller & Peter Buxmann & Letizia Mortara & Simon Ford & Tim Minshall, 2015. "Economic Implications of Additive Manufacturing and the Contribution of MIS," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 57(2), pages 139-148, April.
    51. Richard Blundell & Rachel Griffith & John van Reenen, 1999. "Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(3), pages 529-554.
    52. Gebler, Malte & Schoot Uiterkamp, Anton J.M. & Visser, Cindy, 2014. "A global sustainability perspective on 3D printing technologies," Energy Policy, Elsevier, vol. 74(C), pages 158-167.
    53. Angelo Bonfanti & Manlio Del Giudice & Armando Papa, 2018. "Italian Craft Firms Between Digital Manufacturing, Open Innovation, and Servitization," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(1), pages 136-149, March.
    54. Haemin Dennis Park & H. Kevin Steensma, 2012. "When does corporate venture capital add value for new ventures?," Strategic Management Journal, Wiley Blackwell, vol. 33(1), pages 1-22, January.
    55. Weller, Christian & Kleer, Robin & Piller, Frank T., 2015. "Economic implications of 3D printing: Market structure models in light of additive manufacturing revisited," International Journal of Production Economics, Elsevier, vol. 164(C), pages 43-56.
    56. Baron, Robert A., 2004. "The cognitive perspective: a valuable tool for answering entrepreneurship's basic "why" questions," Journal of Business Venturing, Elsevier, vol. 19(2), pages 221-239, March.
    57. Rayna, Thierry & Striukova, Ludmila, 2016. "From rapid prototyping to home fabrication: How 3D printing is changing business model innovation," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 214-224.
    58. Andre Laplume & Gerald C Anzalone & Joshua Pearce, 2016. "Open-source, self-replicating 3-D printer factory for small-business manufacturing," Post-Print hal-02113502, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dhir, Amandeep & Talwar, Shalini & Islam, Nazrul & Alghafes, Rasha & Badghish, Saeed, 2023. "Different strokes for different folks: Comparative analysis of 3D printing in large, medium and small firms," Technovation, Elsevier, vol. 125(C).
    2. Isabelle Biclesanu & Sorin Anagnoste & Ovidiu Branga & Marco Savastano, 2021. "Digital Entrepreneurship: Public Perception of Barriers, Drivers, and Future," Administrative Sciences, MDPI, vol. 11(4), pages 1-11, November.
    3. Marić, Josip & Opazo-Basáez, Marco & Vlačić, Božidar & Dabić, Marina, 2023. "Innovation management of three-dimensional printing (3DP) technology: Disclosing insights from existing literature and determining future research streams," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    4. Fernandes, Cristina & Ferreira, João J. & Veiga, Pedro Mota & Kraus, Sascha & Dabić, Marina, 2022. "Digital entrepreneurship platforms: Mapping the field and looking towards a holistic approach," Technology in Society, Elsevier, vol. 70(C).
    5. Berns, John P. & Jia, Yankun & Gondo, Maria, 2022. "Crowdfunding success in sustainability-oriented projects: An exploratory examination of the crowdfunding of 3D printers," Technology in Society, Elsevier, vol. 71(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thierry Rayna & Ludmila Striukova, 2021. "Assessing the effect of 3D printing technologies on entrepreneurship [Évaluer l'effet des technologies d'impression 3D sur l'entrepreneuriat]," Post-Print hal-04096075, HAL.
    2. Marić, Josip & Opazo-Basáez, Marco & Vlačić, Božidar & Dabić, Marina, 2023. "Innovation management of three-dimensional printing (3DP) technology: Disclosing insights from existing literature and determining future research streams," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    3. Beltagui, Ahmad & Sesis, Achilleas & Stylos, Nikolaos, 2021. "A bricolage perspective on democratising innovation: The case of 3D printing in makerspaces," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    4. Naghshineh, Bardia & Ribeiro, André & Jacinto, Celeste & Carvalho, Helena, 2021. "Social impacts of additive manufacturing: A stakeholder-driven framework," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    5. Culot, Giovanna & Orzes, Guido & Sartor, Marco & Nassimbeni, Guido, 2020. "The future of manufacturing: A Delphi-based scenario analysis on Industry 4.0," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    6. Caviggioli, Federico & Ughetto, Elisa, 2019. "A bibliometric analysis of the research dealing with the impact of additive manufacturing on industry, business and society," International Journal of Production Economics, Elsevier, vol. 208(C), pages 254-268.
    7. Holzmann, Patrick & Breitenecker, Robert J. & Schwarz, Erich J. & Gregori, Patrick, 2020. "Business model design for novel technologies in nascent industries: An investigation of 3D printing service providers," Technological Forecasting and Social Change, Elsevier, vol. 159(C).
    8. Yeh, Ching-Chiang & Chen, Yi-Fan, 2018. "Critical success factors for adoption of 3D printing," Technological Forecasting and Social Change, Elsevier, vol. 132(C), pages 209-216.
    9. Marco Savastano & Carlo Amendola & Francesco Bellini & Fabrizio D’Ascenzo, 2019. "Contextual Impacts on Industrial Processes Brought by the Digital Transformation of Manufacturing: A Systematic Review," Sustainability, MDPI, vol. 11(3), pages 1-38, February.
    10. Mariani, Marcello & Borghi, Matteo, 2019. "Industry 4.0: A bibliometric review of its managerial intellectual structure and potential evolution in the service industries," Technological Forecasting and Social Change, Elsevier, vol. 149(C).
    11. Kwak, Kiho & Kim, Wonjoon & Park, Kyungbae, 2018. "Complementary multiplatforms in the growing innovation ecosystem: Evidence from 3D printing technology," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 192-207.
    12. Jiang, Ruth & Kleer, Robin & Piller, Frank T., 2017. "Predicting the future of additive manufacturing: A Delphi study on economic and societal implications of 3D printing for 2030," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 84-97.
    13. Patrick Holzmann & Erich J. Schwarz & David B. Audretsch, 2020. "Understanding the determinants of novel technology adoption among teachers: the case of 3D printing," The Journal of Technology Transfer, Springer, vol. 45(1), pages 259-275, February.
    14. Naghshineh, Bardia & Carvalho, Helena, 2022. "The implications of additive manufacturing technology adoption for supply chain resilience: A systematic search and review," International Journal of Production Economics, Elsevier, vol. 247(C).
    15. Harshad Sonar & Vivek Khanzode & Milind Akarte, 2022. "Additive Manufacturing Enabled Supply Chain Management: A Review and Research Directions," Vision, , vol. 26(2), pages 147-162, June.
    16. Ancillai, Chiara & Sabatini, Andrea & Gatti, Marco & Perna, Andrea, 2023. "Digital technology and business model innovation: A systematic literature review and future research agenda," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    17. Nazanin Hosseini Arian & Alireza Pooya & Fariborz Rahimnia & Ali Sibevei, 2021. "Assessment the effect of rapid prototyping implementation on supply chain sustainability: a system dynamics approach," Operations Management Research, Springer, vol. 14(3), pages 467-493, December.
    18. Maresch, Daniela & Gartner, Johannes, 2020. "Make disruptive technological change happen - The case of additive manufacturing," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    19. Rong, Ke & Patton, Dean & Chen, Weiwei, 2018. "Business models dynamics and business ecosystems in the emerging 3D printing industry," Technological Forecasting and Social Change, Elsevier, vol. 134(C), pages 234-245.
    20. Birtchnell, Thomas & Böhme, Tillmann & Gorkin, Robert, 2017. "3D printing and the third mission: The university in the materialization of intellectual capital," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 240-249.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:164:y:2021:i:c:s0040162520313093. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.