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The Influence Of The Industrial Internet Of Things On Business Model Design: A Qualitative-Empirical Analysis

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  • SVEN M. LAUDIEN

    (University of Erfurt, Chair in Strategic Management, P. O. Box 900 221, 99105 Erfurt, Germany)

  • BIRGIT DAXBÖCK

    (University of Erfurt, Chair in Strategic Management, P. O. Box 900 221, 99105 Erfurt, Germany)

Abstract

The Industrial Internet of Things is recently a widely discussed phenomenon. However, business level effects of this phenomenon are by now underresearched. We tackle this research gap by presenting an in-depth analysis of business model changes manufacturing firms employ to adequately react to this technological development. Against the background of a multiple-case study we identify and characterise three archetypes of business models manufacturing firm implement in order to benefit from opportunities provided by the Industrial Internet of Things. Furthermore, we present insights on how firms innovate their extant business model in this context. Thereby, our study considerably contributes to business model research and additionally bolsters up a strategic firm level perspective on the Industrial Internet of Things.

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  • Sven M. Laudien & Birgit Daxböck, 2016. "The Influence Of The Industrial Internet Of Things On Business Model Design: A Qualitative-Empirical Analysis," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(08), pages 1-28, December.
    • Handle: RePEc:wsi:ijimxx:v:20:y:2016:i:08:n:s1363919616400144
    DOI: 10.1142/S1363919616400144
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    Cited by:

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    19. Paul Schneider, 2018. "Managerial challenges of Industry 4.0: an empirically backed research agenda for a nascent field," Review of Managerial Science, Springer, vol. 12(3), pages 803-848, July.
    20. Violeta Sima & Ileana Georgiana Gheorghe & Jonel Subić & Dumitru Nancu, 2020. "Influences of the Industry 4.0 Revolution on the Human Capital Development and Consumer Behavior: A Systematic Review," Sustainability, MDPI, vol. 12(10), pages 1-28, May.
    21. Björn Michaelis & Shalini Rogbeer & Lars Schweizer & Zafer Özleblebici, 2021. "Clarifying the boundary conditions of value creation within dynamic capabilities framework: a grafting approach," Review of Managerial Science, Springer, vol. 15(6), pages 1797-1820, August.
    22. Payam Hanafizadeh & Parastou Hatami & Morteza Analoui & Amir Albadvi, 2021. "Business model innovation driven by the internet of things technology, in internet service providers’ business context," Information Systems and e-Business Management, Springer, vol. 19(4), pages 1175-1243, December.
    23. Thuy Duong Oesterreich & Julian Schuir & Frank Teuteberg, 2020. "The Emperor’s New Clothes or an Enduring IT Fashion? Analyzing the Lifecycle of Industry 4.0 through the Lens of Management Fashion Theory," Sustainability, MDPI, vol. 12(21), pages 1-29, October.
    24. Julian Marius Müller, 2019. "Antecedents to Digital Platform Usage in Industry 4.0 by Established Manufacturers," Sustainability, MDPI, vol. 11(4), pages 1-23, February.

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