scholarly journals Two-Sided Platform Ecosystems’ Structure, Architecture and Mechanism: an Integrated View--Under the Background of Industry 4.0

CONVERTER ◽  
2021 ◽  
pp. 514-528
Author(s):  
Zheng Sheng Hua, Bader Tariq Eid Hakam, Agbanyo George Kwame
Keyword(s):  
Industry 4.0 ◽  
Network Effects ◽  
Dynamic Mechanism ◽  
Future Research ◽  
Profit Model ◽  
Competition Mechanism ◽  
Modern Business ◽  
Platform Ecosystems ◽  
Platforms And Ecosystems ◽  
Winner Take All

Platform model is one of the most prominent phenomena in modern business with the development of the Internet and the continuous expansion of the scale of industry 4.0 related industries. Two-sided platforms show features whereby two groups of agents interact with each other, in order to promote resource exchange and value creation. This review presents an integrated framework for understanding key factors of platform ecosystems, analyzing its member structure and technology architecture, exploring the dynamic mechanism and competition mechanism. Platform ecosystems refer to the core platform and its cooperative network of stakeholders, mainly consist of providers, sponsors, complementors and end users. The dynamic mechanism and competition mechanism are mainly in the realization of network effects and “winner-take-all”. These bring some management challenges, the preventive strategies are embodied in platform pricing, positioning, binding, in realization of ecosystem expansion and multi-win situation, to face the “egg-and chicken” syndrome and “get both sides of the market onboard”. Using this foundation, this research finally proposes five directions for future research in these settings, including the influence of platform technology architecture on complement or innovation, profit model of platform companies, environmental factors in platform competition, new challenge of platform envelopment and dynamic research methods, hoping to offer substantial new insights in the context of platforms and ecosystems.

A multidimensional platform ecosystem framework

Kybernetes ◽  
2020 ◽  
Vol 49 (7) ◽  
pp. 2003-2035
Author(s):  
Sergey Yablonsky
Keyword(s):  
Business Models ◽  
Economic Value ◽  
Levels Of Analysis ◽  
Future Research ◽  
Content Type ◽  
Integrative Framework ◽  
Formal Taxonomy ◽  
Platform Ecosystems ◽  
Platforms And Ecosystems ◽  
Different Levels

Purpose Ecosystems that support digital businesses maximize the economic value of network connections. This forces a shift toward platforms and ecosystems that are collaborative by nature by applying business models with multiple actors playing multiple roles. The purpose of this study is to show how the main concepts emerging from research on digital platform ecosystems (DPEs) could be organized in a taxonomy-based framework with different levels or dimensions of analysis. This study discusses some of the contingencies at these different levels and argues that future research needs to study DPEs across multiple levels of analysis. While this integrative framework allows the comparison, contrast and integration of various perspectives at different levels of analysis, further theorizing will be needed to advance the DPE research. The multidimensional framework proposed here involves the use of a multimethodological approach that incorporates a synergy of businesses, technological innovations and management methods to provide support for research in interrelationships across platform ecosystems (PEs) on a regular basis. Design/methodology/approach This paper proposes a new PE framework by constructing a formal taxonomy model that explains a vast group of phenomena produced by the PEs. Findings In addition to illustrating the PE taxonomy framework, this study also proposes a clear and precise description and structuring of the information in the ecosystem domain. The PE framework assists in identification, creation, assessment and disclosure research of platform business ecosystems. Research limitations/implications Because of the large number of taxonomy concepts (over 200), only main taxonomy fragments are shown in the paper. Practical implications The outcomes of this research could be used for planning, oversight and control over ecosystem management and the use of ecosystem’s knowledge-related resources for research purposes. Originality/value The PE framework is original and represents an effective tool for observing PEs.

Contemporary Employee Recruitment Practices and Areas of Future Research in Indian Railways

Think India ◽  
2019 ◽  
Vol 22 (2) ◽  
pp. 745-763
Author(s):  
Akhila Rao ◽  
Shailashri V. T ◽  
Molly Sanjay Chaudhuri ◽  
Kondru Sudheer Kumar
Keyword(s):  
Selection Process ◽  
Secondary Data ◽  
Manpower Planning ◽  
Future Research ◽  
Technological Advancement ◽  
Employee Recruitment ◽  
Recruitment Practices ◽  
Modern Business ◽  
The Government ◽  
Recruitment And Selection

The modern business milieu is highly competitive due to vast technological advancement which makes employees a vital source of competitive advantage. Precisely, the recruitment process has become a key determinant of an organization’s success and a logistic capital resource to the human resource; thus, the process should be entirely modern. A conventional recruitment and selection process comprises of job analysis, manpower planning, and recruitment and selection. The current study seeks to explore employee recruitment practices and proposes areas of future research in Indian Railways using secondary data. It also gives recommendations on how to improve the recruitment practices in the government-owned Indian Railways. The trends investigated in the study include the applicant tracking software (ATS), use of video resumes, Chatbots, the utilization of social networks, and increased focus on passive candidates.

scholarly journals Product-service systems evolution in the era of Industry 4.0

2021 ◽  
Vol 15 (1) ◽  
pp. 177-207
Author(s):  
Paolo Gaiardelli ◽  
Giuditta Pezzotta ◽  
Alice Rondini ◽  
David Romero ◽  
Farnaz Jarrahi ◽  
...  
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Future Research ◽  
Research Directions ◽  
Future Scenario ◽  
Product Service ◽  
Economic Transformations ◽  
Value Propositions ◽  
Future Research Directions ◽  
Product Service Systems

AbstractRecent economic transformations have forced companies to redefine their value propositions, increasing traditional product offerings with supplementary services—the so-called Product-Service System (PSS). Among them, the adoption of Industry 4.0 technologies is very common. However, the directions that companies are undertaking to offer new value to their customers in the Industry 4.0 have not yet been investigated in detail. Based on a focus group, this paper contributes to this understanding by identifying the main trajectories that would shape a future scenario in which PSS and Industry 4.0 would merge. In addition, future research directions addressing (a) the transformation of the PSS value chain into a PSS ecosystem, (b) the transformation inside a single company towards becoming a PSS provider, and (c) the digital transformation of the traditional PSS business model are identified.

The creation and development of learning organizations: a review

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohit Kumar ◽  
Justin Paul ◽  
Madhvendra Misra ◽  
Rubina Romanello
Keyword(s):  
Knowledge Management ◽  
Future Research ◽  
Business Organization ◽  
It Infrastructure ◽  
Content Type ◽  
Modern Business ◽  
Managerial Implications ◽  
Overall Performance ◽  
Stored Information ◽  
And Storage

Purpose In this paper, using the antecedents, decisions and outcomes (ADO) framework, the factors/key performance indicators (KPIs) most relevant for creating or building a learning organization (LO) are identified. This study aims to contribute to the field of knowledge management (KM) in terms of introducing KPIs to foster a business organization with a continuous learning process, mechanisms of knowledge creation and memorization. Design/methodology/approach In total, 57 papers were selected for this systematic literature review (SLR) from Web of Science and Scopus covering the period 1985–2019. Findings The 12 most relevant KPIs are identified based on the literature survey conducted in the field of LO. Research limitations/implications The managerial implications of this review paper will be an added advantage to the modern business organization worldwide that have adopted KM practices to foster knowledge management with information technology (IT) infrastructure. As IT infrastructure focuses on knowledge acquisition, dissemination and storage but the KPIs revealed through this review will help in transforming stored information as learning for the organization to improve its overall performance. Originality/value This review synthesizes prior studies and provides directions for future research.

scholarly journals Strategic company management in the digital business environment

2018 ◽  
Vol 26 (3-4) ◽  
pp. 82-91
Author(s):  
Mykola Gennadiyovych Nikolaev
Keyword(s):  
Strategic Management ◽  
Industrial Revolution ◽  
Design Method ◽  
Business Environment ◽  
Future Research ◽  
Digital Environment ◽  
Doing Business ◽  
Analysis And Synthesis ◽  
Modern Business ◽  
The Impact

Purpose – to analyze strategic company management in the digital business environment. Design/Method/Approach. General scientific methods are applied: systematization, comparison, generalization, analysis, and synthesis. Findings. The essence of strategic management and its significance to a company has been analyzed. The relationship between strategic company management and digital business environment has been elucidated. Basic trends for doing business in the digital environment have been defined. Theoretical implications. Theoretical significance of the research is in the advancement of opinion on the strategic company management in digital business environment. Practical implications. The practical value of the research is in the possibility of applying the results obtained by both international and domestic companies for strategic management in the digital business environment that emerged as a result of the Fourth industrial revolution. Originality/Value. The main trends of modern business in the digital environment have been identified. The choice of strategies of multinational companies has been identified, as well as the areas of their application in digital business environment. Research limitations/Future research. The prospects for further research are to study the strategic management of international companies and analyze the impact of digital business environment on their development. Paper type – theoretical.

scholarly journals Multi-Layer Quality Inspection System Framework for Industry 4.0

2021 ◽  
Vol 15 (5) ◽  
pp. 641-650
Author(s):  
Victor Azamfirei ◽  
◽  
Anna Granlund ◽  
Yvonne Lagrosen
Keyword(s):  
Industry 4.0 ◽  
Manufacturing Industry ◽  
Production Control ◽  
Measurement Instrument ◽  
Future Research ◽  
Inspection System ◽  
Work Piece ◽  
Quality Inspection ◽  
Industrial Case Study ◽  
Key Factor

In the era of market globalisation, the quality of products has become a key factor for success in the manufacturing industry. The growing demand for customised products requires a corresponding adjustment of processes, leading to frequent and necessary changes in production control. Quality inspection has been historically used by the manufacturing industry to detect defects before customer delivery of the end product. However, traditional quality methods, such as quality inspection, suffer from large limitations in highly customised small batch production. Frameworks for quality inspection have been proposed in the current literature. Nevertheless, full exploitation of the Industry 4.0 context for quality inspection purpose remains an open field. Vice-versa, for quality inspection to be suitable for Industry 4.0, it needs to become fast, accurate, reliable, flexible, and holistic. This paper addresses these challenges by developing a multi-layer quality inspection framework built on previous research on quality inspection in the realm of Industry 4.0. In the proposed framework, the quality inspection system consists of (a) the work-piece to be inspected, (b) the measurement instrument, (c) the actuator that manipulates the measurement instrument and possibly the work-piece, (d) an intelligent control system, and (e) a cloud-connected database to the previous resources; that interact with each other in five different layers, i.e., resources, actions, and data in both the cyber and physical world. The framework is built on the assumption that data (used and collected) need to be validated, holistic and on-line, i.e., when needed, for the system to effectively decide upon conformity to surpass the presented challenges. Future research will focus on implementing and validating the proposed framework in an industrial case study.

scholarly journals Augmented Reality: Focusing on Photonics in Industry 4.0

2022 ◽  
Author(s):  
Tariq Masood ◽  
Johannes Egger
Keyword(s):  
Augmented Reality ◽  
Industry 4.0 ◽  
Success Factors ◽  
Industrial Revolution ◽  
Value Chains ◽  
Future Research ◽  
Digital Information ◽  
Font Size ◽  
Academic Literature ◽  
Broad Variety

Industry 4.0 (or 4<sup>th</sup> industrial revolution) facilitates horizontal and vertical digital information flow along value chains up to the end-customer and is highly relevant in a broad variety of industries. Augmented reality (AR) is a key technology in Industry 4.0, which connects the virtual and real-world environments using such digital information flows. In doing so, the technology relies upon the systems that includes hardware and software components. Particularly, optics and photonics are of much importance in the display and processing of information in these systems. However, a particular challenge is that the AR-based systems have not been adopted in the industry as much as other technologies even after several decades of their existence. Based on review of academic literature, an industrial survey and experiments conducted in the industry, this article aims to identify success factors and challenges of AR systems and metrics of photonic components that can form the basis of an AR* framework for photonics-based system design for future research. @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:3 0 0 0 1 0;}p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-unhide:no; mso-style-qformat:yes; mso-style-parent:""; margin:0cm; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman"; mso-ansi-language:EN-US; mso-fareast-language:EN-US;}.MsoChpDefault {mso-style-type:export-only; mso-default-props:yes; font-size:10.0pt; mso-ansi-font-size:10.0pt; mso-bidi-font-size:10.0pt; mso-ansi-language:EN-US; mso-fareast-language:EN-US;}div.WordSection1 {page:WordSection1;}

scholarly journals Epoxy tooling: Technologies, developments, sustainability and future interest to industry 4.0

2021 ◽  
pp. 096739112110598
Author(s):  
Gorka Díez-Barcenilla ◽  
José L Gómez-Alonso ◽  
Koldo Gondra ◽  
Ester Zuza
Keyword(s):  
Industry 4.0 ◽  
Ad Hoc ◽  
Cost Effective ◽  
Smart Manufacturing ◽  
Future Research ◽  
Cooling Channels ◽  
Waste Reuse ◽  
Tool Performance ◽  
Rapid Manufacture ◽  
The Cost

The technology of epoxy tooling, at present under continuous development, is used for the rapid manufacture of cost-effective tools for small batch production. It is a valid alternative with no need for expensive investment in metallic moulds for the development of new products. Current investigations are focused on improvements to the production system, improved tool performance, the cost reduction of moulds and tool manufacturing sustainability. In this paper, both the advantages and the disadvantages of epoxy tooling in injection moulding, wax injection, metal stamping and hot embossing are compared with conventional techniques. Following a brief introduction of rapid tooling technologies, the latest advances of epoxy tooling and their implementation in different manufacturing processes are all analysed. These developments refer to the production of new ad-hoc epoxy composites, increased productivity using conformal cooling channels, the reduction of the tooling manufacturing costs through waste reuse and the emerging industry 4.0 technologies for smart manufacturing and tooling. The main objective is to identify both the challenges facing epoxy tooling techniques and future research directions.

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