| Title | Literature review on industrial digital platforms: A business model perspective and suggestions for future research |
|---|---|
| ID_Doc | 65615 |
| Authors | Madanaguli, A; Parida, V; Sjödin, D; Oghazi, P |
| Title | Literature review on industrial digital platforms: A business model perspective and suggestions for future research |
| Year | 2023 |
| Published | |
| Abstract | Rapid digitalization of industries has led to the proliferation of complex industrial digital platforms; however, few industrial platform leaders have successfully established sustainable business models around their offerings. The need for a concrete definition of industrial digital platforms and their business models further complicates our understanding of the issue. In this prospecting review, we critically analyze the existing literature on in-dustrial digital platforms to identify key research themes and research gaps and propose a future research agenda for the industrial digital platform literature from a business model perspective. Drawing on insights from research on industrial platforms, digitalization, digital servitization, and business-to-business (B2B) relation-ships, our analysis focuses on three key themes in defining the boundaries of industrial digital platforms and the crucial aspects of value creation, value delivery, and value capture on such platforms: (a) co-creative value creation, (b) digitally integrated value delivery, and (c) mutual value capture. The findings of this study and a future research agenda framework provide a roadmap for advancing the understanding of business models for industrial digital platforms. This research aims to contribute to the emerging field of industrial digital platforms and guide future research endeavors in this domain, unlocking the full potential of these platforms for businesses and industries. |
| https://doi.org/10.1016/j.techfore.2023.122606 |
Similar Articles
| ID | Score | Article |
|---|---|---|
78786
|
Bellini, F; Dulskaia, I A digital platform as a facilitator for assessing innovation potential and creating business models: a case study from the i3 project(2017)Proceedings Of The International Conference On Business Excellence, 11, 1 | |
| 34202
|
Martín-Peña, ML; Lorenzo, PC; Meyer, N Digital platforms and business ecosystems: a multidisciplinary approach for new and sustainable business models(2024)Review Of Managerial Science, 18, 9 | |
| 33910
|
Li, X; Zhang, LL; Cao, JR Research on the mechanism of sustainable business model innovation driven by the digital platform ecosystem(2023) | |
| 28893
|
Langley, DJ Digital Product-Service Systems: The Role of Data in the Transition to Servitization Business Models(2022)Sustainability, 14.0, 3 | |
| 29301
|
Parida, V; Sjödin, D; Reim, W Reviewing Literature on Digitalization, Business Model Innovation, and Sustainable Industry: Past Achievements and Future Promises(2019)Sustainability, 11.0, 2 | |
| 5356
|
Chen, XL; Shen, CY; Zheng, WY Exploring business model diversification and circular value creation in digital platforms for circular economy: insights from Chinese preowned electronics industry(2024) | |
| 65301
|
Mattos, CA; Novais, MJ Mechanisms to develop a business model through the Internet of things: a multiple case study in manufacturing companies(2024)Technology Analysis & Strategic Management, 36.0, 10 | |
| 34281
|
Bican, PM; Brem, A Digital Business Model, Digital Transformation, Digital Entrepreneurship: Is There A Sustainable "Digital"?(2020)Sustainability, 12, 13 | |
| 34246
|
Han, MT; Jeon, J Roadmap Incorporating Data Management Perspective for Platform Business Model Innovation(2023)Sustainability, 15, 4 | |
| 34489
|
Baranauskas, G; Raisiene, AG Transition to Digital Entrepreneurship with a Quest of Sustainability: Development of a New Conceptual Framework(2022)Sustainability, 14, 3 |