Business Models for Technology-Intensive Supply Chains

2020 ◽  
Vol 66 (5) ◽  
pp. 2120-2139
Author(s):  
Junghee Lee ◽  
Vish Krishnan ◽  
Hyoduk Shin

Technology and intellectual property play increasingly critical roles in emerging supply chains by endowing products with sought-after capabilities. In such technology-intensive supply chains, the technology invented by an upstream firm must be embedded in a subsystem that is then integrated into a full system. The technology providers’ prevalent royalty-driven business model has gotten complicated in this multilateral supply chain, prompting formal research attention. Moreover, providers also consider forward integration into manufacturing to monetize their intellectual property. We characterize the appropriateness of different business model decisions for markets, which may have varying levels of consumer diversity and competitive intensity at intermediate layers. For the technology provider, our key results show that a subsystem base royalty approach is the optimal business model when dealing with monopolistic intermediaries or having a low degree of consumer diversity. However, a full-system base royalty business model becomes increasingly optimal when the intermediate supply chains face competition and consumer diversity increases. We present conditions under which the technology provider may want to forward integrate. Our formulation and results are relevant to technology providers, policy makers, and industry groups engaged in the prevailing heated global discussion on royalty base. This paper was accepted by Serguei Netessine, operations management.

Author(s):  
Rosalina Corrêa de Araújo ◽  
Patrícia Peralta ◽  
Bárbara Aime

This introductory study aims to assess the personality rights as a distinctive sign and also the constructionof its protection in the intellectual property scope. It has been pursued to demonstrate that the merchandisingof personality rights has been evolving to become a usual business model based on the commercial exploitationof fame that its holders have, therefore, reorienting the engagement of names related to luxury fashion.


2019 ◽  
pp. 440-461
Author(s):  
Xenia Ziouvelou ◽  
Frank McGroarty

This article describes how the era of hyper-connectivity is characterized by distributed, crowd-centric ecosystems that utilise cutting edge technology so as to harness the collective power, co-creation ability and intelligence of the crowd utilising under open participatory value creation models. The Internet of Things (IoT) has fueled the emergence of such ecosystems that leverage not only the power of physical things connected to the Internet but also the wisdom of the crowd to observe, measure, and make sense of phenomena via user-owned mobile and wearable devices. Existing business modelling literature has to date, placed no research attention on business models for such emerging ecosystems. This article aims to fill this gap by examining the dynamics of crowd-driven IoT ecosystems and introducing a business model framework for such environments, encompassing all relevant value-creating actors, activities and processes, facilitating this way a holistic ecosystem business model analysis.


2009 ◽  
Vol 06 (01) ◽  
pp. 97-116 ◽  
Author(s):  
MYUNG-HWAN RIM ◽  
HYUN-SOO HAN ◽  
YEONG-WHA SAWNG

In this paper, we explore the merging of supply chains between media and telecommunications as an example of business application of industry convergence. The goal of this study is to provide managerial insight into the various facets of convergence of supply chains so that companies can effectively exploit business opportunities presented by the accelerating process of digital convergence and related technological innovations. In this study, the focus is set on business models, rather than business strategies as such, since digital convergence is an emerging sector that deserves independent attention as a new business concept. We formulated a series of propositions, related to customer value, value network, and supply chain efficiency, using frameworks borrowed from the existing business model literature and value creation theories for Internet business. Managerial implications are discussed and applied to DMB (Digital Multimedia Broadcasting), a new telecom-broadcasting convergence business model, recently introduced in South Korea.


Author(s):  
Sam Halassi ◽  
Janjaap Semeijn ◽  
Nadine Kiratli

Purpose Recent technological advances in three-dimensional printing (3DP) may disrupt traditional manufacturing and logistics processes. Because the increasing availability of 3DP service centers, affordable 3D printers, and online platforms empower consumers to design and print objects at home, companies must determine the motives that lead consumers to become prosumers so that they can establish appropriate business models and supply chains. Accordingly, the purpose of this paper is to identify factors that drive consumer acceptance and use of 3DP technologies. Design/methodology/approach The explanatory conceptual framework, based on the extended unified theory of acceptance and use of technology, undergoes empirical testing with a sample of 196 3DP consumers who participated in an online survey. Findings Facilitating conditions, hedonic motivation and a do-it-yourself mentality are key determinants of consumer acceptance and use intention of 3DP technology. Practical implications Companies can use these insights about consumers’ motivation to determine whether their use of 3DP technology threatens current business models or supply chains. In turn, they can develop new ideas about how to adapt these features, as well as identify opportunities for new revenue streams. Originality/value Unlike most extant literature on 3DP in manufacturing and logistics domains, this study takes consumers’ point of view to shed light on an issue typically investigated from an operations management perspective.


2014 ◽  
Vol 18 (06) ◽  
pp. 1440010 ◽  
Author(s):  
MINTTU LAUKKANEN ◽  
SAMULI PATALA

Business model innovations are recognised as a key to the creation of sustainable business, but their adoption by firms has been slow. Organisations can only be sustainable when the whole societal system is sustainable. Both structural and cultural changes are required to facilitate firm- and system-level sustainability. The central idea of this paper is to examine how societal transition towards sustainable business models (SBMs) can be achieved. Through a qualitative Delphi study, we assess and categorise the key structural and cultural barriers to sustainable business model innovation (SBMI). By applying the innovation system approach, we explain how to overcome existing barriers by strengthening the functions of the innovation system. We analyse how these barriers can be overcome through the activities of governments, firms, and consumers, and discuss the wider implications of our research for practitioners, policy-makers, and researchers.


2018 ◽  
Vol 64 (1) ◽  
pp. 64 ◽  
Author(s):  
Xavier Vence ◽  
Ángeles Pereira

<p>Eco-innovation is defined as any directed/oriented innovation aiming at reducing environmental impacts. Eco-innovation is not only a technology change; it also embraces organisational, social and system innovations. This systemic and complex thinking is necessary to understand the role of eco-innovation as an enabler of Circular Economy (CE). Circular Economy appears as a promising approach towards a sustainable transition from the linear socioeconomic paradigm. The objective of the Circular Economy is to maintain and to share value along the time. Eco-innovation for Circular Economy can be of technological and non-technological character. Indeed, it is acknowledged that CE needs to address important challenges regarding business models and socio-institutional frameworks, while technological change may not be necessarily radical. In order to pave the way to Circular Economy through eco-innovation, business models are considered a key driver. The business model is seen as a holistic approach towards the way of doing business. From the eco-innovation perspective, a business model needs to add ecological and social value to the value proposal and changing the producer and the consumer practices. In particular, eco-innovations with the potential to enable the transition to a resource-efficient circular economy model include efforts to change dominant business models (from new product and service design to reconfigured value chains, new/short supply chains), transform the way citizens interact with products and services (ownership, leasing, sharing, repairing, reducing, remanufacturing, etc.) and develop improved systems for delivering value (green mobility, smart energy systems, short supply chains,  etc.).<strong></strong></p>


Resources ◽  
2018 ◽  
Vol 8 (1) ◽  
pp. 3 ◽  
Author(s):  
Catia Milena Lopes ◽  
Annibal José Scavarda ◽  
Mauricio Nunes Macedo de Carvalho ◽  
André Luis Korzenowski

This research aims to discuss the business model themes supported by the innovation regarding the sustainable transition difficulties to promote the hospital supply chains. A model for future applications and empirical analyzes in the health service area is proposed. In the current hospital scenario, the systems are characterized by the individualistic attention of the closed business models, hampering the promotion of the business models, the innovation, and the sustainable transitions as the sustainable supply chain (SSC) enablers. The survey evaluates the private hospital chain in Brazil. The model was evaluated by seven specialists indicated by the main private Brazilian hospitals that are accredited by Joint Commission International and Public Ministry. The discussion presented seeks to advance the observation and the understanding of the relationships among the business models, the innovation, the sustainable transitions, and the sustainable supply chains in the health socioeconomic context through the lens of the service provider, without exhausting these themes separately. The main results are the issues related to the difficulties of sustainable transition to promote the SSC in the hospital context, showing the elements into which the hospitals are inserted and helping to close the gap in the literature on the subject. Sustainable transitions, along with the SSC, present themselves as rich and challenging themes, but are beneficial for conducting dialogues between approaches.


This chapter reports on a study of the taxonomy of innovations for the internet of things (IoT) products and services. The analysis and discussion lead to a multidimensional framework of innovations, with a particular emphasis on a technology stack, business models, products, services, and platform innovations. The authors argue that a multi-sided platform might possibly be a successful business model for the adoption of IOT products and services. They develop IOT business-model pattern and the general definition of a IOT multi-sided platform. The research contains guidelines to help practitioners and policy makers develop platform-enabled IoT innovation strategies through the consideration of various levels of business models and MSP strategy. It offers a relevant source of ideas and guidance for anyone interested in research and practice related to rethinking IoT, product, and service innovation.


2020 ◽  
Vol 12 (21) ◽  
pp. 8871
Author(s):  
Roberto Hernández-Chea ◽  
Pratheeba Vimalnath ◽  
Nancy Bocken ◽  
Frank Tietze ◽  
Elisabeth Eppinger

Companies attempt to address global sustainability challenges through innovating products, services, and business models. This paper focuses on sustainable business model (SBM) innovations as a way to systemically transform businesses towards sustainability. It has been widely recognized that strategic approaches to using intellectual property (IP) need to be aligned with business model innovation for commercial success. Here we suggest that IP, aligned with SBMs, can also be used to create not only commercial, but also societal and environmental impact. Knowledge about how to best align IP with SBMs to drive sustainability transitions remains limited. We address this gap by developing an SBM-IP canvas that integrates IP considerations into each of the SBM canvas building blocks. We do this by employing relevant theoretical concepts from three literature streams, namely the business model (including SBM), IP, and innovation literature. We use case examples to illustrate different IP considerations that are relevant for the SBM-IP building blocks. These examples show that different IP types (e.g., patents, trademarks) and ways of using them (e.g., more or less restrictive licensing) are applied by companies in relation to the different building blocks. While covering new theoretical ground, the proposed SBM-IP canvas can help decision makers understand how they can use different IP types strategically to propose, create, deliver, and capture sustainable value for society, environment, and the business.


Author(s):  
Xenia Ziouvelou ◽  
Frank McGroarty

This article describes how the era of hyper-connectivity is characterized by distributed, crowd-centric ecosystems that utilise cutting edge technology so as to harness the collective power, co-creation ability and intelligence of the crowd utilising under open participatory value creation models. The Internet of Things (IoT) has fueled the emergence of such ecosystems that leverage not only the power of physical things connected to the Internet but also the wisdom of the crowd to observe, measure, and make sense of phenomena via user-owned mobile and wearable devices. Existing business modelling literature has to date, placed no research attention on business models for such emerging ecosystems. This article aims to fill this gap by examining the dynamics of crowd-driven IoT ecosystems and introducing a business model framework for such environments, encompassing all relevant value-creating actors, activities and processes, facilitating this way a holistic ecosystem business model analysis.


Sign in / Sign up

Export Citation Format

Share Document