That is, being able to accumulate and put into action external ideas can be The research question is targeting the innovation aspects of digitalizationwhile trying to redesign Hence, some aspects of running tight innovative operation or trying to become oneĬost errors (thus, rise efficiency) and increase process performance. SMEs encounter difficulties and risks that oscillate value creation and appropriation
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Integration of knowledge, technologies and networking partners requires new mechanisms thatĬan be imposed exogenously or, if possible, endogenously through upgrade of firm’s ownĬapabilities and management, which leads to creation of new value. Research (Chesbrough, 2010 Nielsen et al., 2018), usually identifiedas Industry 4.0(Lasi, Fettke, (Brunswicker & Vanhaverbeke, 2015 Grandi & Grimaldi, 2003 Sanchez & Mahoney, 1996). The overall strategy towards networking, learning and leveraging complementary resources To grasp new business opportunities, business models absorb new strategic objectives changing While shifting towards increased innovative fundamentals in order Proper modulation are still deficient (Li, Vanhaverbeke, & Schoenmakers, 2008 Love & Roper,Ģ015 West & Bogers, 2017). Performance of SMEs (Hossain, 2015), however, implementinginnovation and mechanisms for Most of prior research is centered around the efficiency argument in addition to innovation Innovation processes, either in an emerging form as start-ups / spin-offs or as established firms. Small and medium-sized enterprises (SMEs) have been leading digital transformation and New value products-smart product & service(Nielsen et al., 2018 Osterwalder & Pigneur, 2013). Optimization, 2) consumer interface improvement, 3) new ecosystems and value networks and 4) Innovation and the impact on the business model, that is: 1) internal and external process Furthermore, digital transformation can be classified depending on the degree of Third, user-drivenīusiness model relies on the capabilities of the firm to learn from the customers (Ehret & Wirtz,Ģ017). Scrutinizeschanges in business models towards value distribution and joint value creation byĬonstant interactions between actors(Wirtz, Pistoia, Ullrich, & Göttel, 2016). First, service-oriented approach is related to the change from product to service mindset service-oriented, network-oriented and userdriven. The development of newīusiness models can be approached threefold i.e. Technologies alters costs (efficiency), as well as, process performance. Value creation facilitated by emerging digital The upsurge of digital technology has overpowering implications on competitive positioning,įirm’s value chains and overall business model. Implementation of cyber-physical systems along the value chain is at the forefront of academic Therefore, rethinking business models and especially the Of value chains through digitalization of processes, making it leading agent of change affecting Increased competitive pressures on international and domestic markets lead to rapid alterations Keywords: innovation, digitalization, SME Transformation offers favorable outcomes. Therefore crucial in escaping technological lock-ins, thus, imposing efforts towards digital Our results point out that being able to accumulateĪnd pu t into action external ideas can be vital in supplementing internal knowledge base, While trying to redesign their business model. Venezia Rovigo, we combine and analyze evidence of the contingent challenges companies’ face Interviews with owners and managers of small and medium-sized enterprises in the region of Technologies alters costs, as well as, process performance.Due to field research and in-depth Upsurge of digital technology has overpowering implications on competitive positioning, firm’s Small and medium-sized enterprises (SMEs) have been leading innovation processes, where the The authorsĪre responsible for the content of this Accepted Article.ĭigitalization based innovation – a case study framework Readers should obtain the final version from the above link when it is published. As a result, the published copy may differ from the unedited The manuscript will be copyedited, typeset and proofreadīefore it is released in the final form. In advance for the benefit of our customers. This is an unedited version of the accepted manuscript scheduled for publication. Study Framework, International Journal of Innovation and Technology Mico Apostolov, Nunzia Coco, Digitalization based innovation - A Case International Journal of Innovation and Technology Managementĭigitalization based innovation - A Case Study Framework Re-use and distribution is strictly not permitted, except for Open Access articles. Management Downloaded from by LUND UNIVERSITY on 05/16/20.