Firm Matching in the Market for Technology: Business Stealing and Business Creation*

Arqué‐Castells, Pere; Spulber, Daniel F.

doi:10.1111/joie.12358

Cited by 1 publication

(1 citation statement)

References 54 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The IIoT, an extension of the IoT focusing on industrial applications, aims at elevating manufacturing SMEs to new efficiency levels through innovative, interconnected industrial systems [5,27]. These systems facilitate global connectivity and ensure meaningful communication between devices, paving the way for intelligent artefacts that respond to user interactions and contribute to complex value creation processes [28].…”

Section: Iiot Challenges and Potential Solutions For Coopetition Enab...mentioning

confidence: 99%

Coopetition with the Industrial IoT: A Service-Dominant Logic Approach

da Silva,

Cardoso

2024

ASI

View full text Add to dashboard Cite

This research addresses the critical gap in enabling effective coopetition networks through technological innovation with the development of Cockpit4.0+, an Industrial Internet of Things (IIoT) artefact tailored for small- and medium-sized enterprises (SMEs). By employing the principles of Service-Dominant Logic (S-D Logic) and leveraging the Design Science Research (DSR) methodology, Cockpit4.0+ represents a pioneering approach to incorporating the IIoT within ecosystems for value co-creation. This facilitates competition and cooperation among firms, enhancing the operational dynamics within SME networks. Evaluated by experts in the ornamental stone sector, a significant sector of the Portuguese economy, the system demonstrated a positive functional acceptance rate of 78.9%. An experimental test was conducted following the positive preliminary functional evaluation of Cockpit4.0+, especially among more digitally advanced companies. The findings revealed that the on-time delivery performance under current best practices (CB.Ps) was 67.1%. In contrast, implementing coopetition network practices (CN.Ps) increased on-time delivery to 77.5%. These positive evaluations of Cockpit4.0+ underscore the practical applicability of S-D Logic and provide fresh insights into the dynamics of coopetition, particularly beneficial for SMEs. Despite its promising results, the real-world efficacy of IIoT systems like Cockpit4.0+ requires further empirical studies to verify these findings. Future research should focus on examining the scalability of Cockpit4.0+ and its adaptability across various sectors and enhancing its cybersecurity measures to ensure its long-term success and broader adoption.

show abstract

Section: Iiot Challenges and Potential Solutions For Coopetition Enab...mentioning

confidence: 99%