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Toward SME 4.0: The Impact of Industry 4.0 Technologies on SMEs’ Business Models

In: Implementing Industry 4.0 in SMEs

Author

Listed:
  • Philipp C. Sauer

    (Free University of Bozen-Bolzano)

  • Guido Orzes

    (Free University of Bozen-Bolzano)

  • Laura Davi

    (Free University of Bozen-Bolzano)

Abstract

Industry 4.0 (I4.0) transforms current production paradigms and raises an inherent need to integrate this with a firm’s rational of creating, delivering, and capturing value, i.e., the business model. The resource intensive I4.0 technology implementation challenges any organization and especially small- and medium-sized enterprises (SMEs). To provide theoretical and practical support for this, our chapter first conducts a systematic literature review on business models and I4.0 technologies with a qualitative investigation and a quantitative contingency analysis. The chapter then analyses secondary data from 30 SMEs of an innovative Italian manufacturing cluster for which business model elements are modified while implementing specific I4.0 technologies. To guide future practice and research, 13 propositions and 4 research directions are developed on how implementing individual I4.0 technologies can modify specific business model elements for SMEs 4.0.

Suggested Citation

  • Philipp C. Sauer & Guido Orzes & Laura Davi, 2021. "Toward SME 4.0: The Impact of Industry 4.0 Technologies on SMEs’ Business Models," Springer Books, in: Dominik T. Matt & Vladimír Modrák & Helmut Zsifkovits (ed.), Implementing Industry 4.0 in SMEs, edition 1, chapter 0, pages 293-343, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-70516-9_10
    DOI: 10.1007/978-3-030-70516-9_10
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    Cited by:

    1. Dieste, Marcos & Sauer, Philipp C. & Orzes, Guido, 2022. "Organizational tensions in industry 4.0 implementation: A paradox theory approach," International Journal of Production Economics, Elsevier, vol. 251(C).

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