| Item Type |
Conference or Workshop Item
(Paper)
|
| Abstract |
The increasing pervasiveness of digital technologies, also refered to as ”Internet of Things” (IoT), offers a wealth of business model opportunities, which often involve an ecosystem of partners. In this context, companies are required to look at business models beyond a firm-centric lens and respond to changed dynamics. However, extant literature has not yet provided actionable approaches for business models for IoT-driven environments. Our research therefore addresses the need for a business model framework that captures the specifics of IoT-driven ecosystems. Applying an iterative design science research approach, the present paper describes (a) the methodology, (b) the requirements, (c) the design and (d) the evaluation of a business model framework that enables researchers and practitioners to visualize, analyze and design business models in the IoT context in a structured and actionable way. The identified dimensions in the framework include the value network of collaborating partners (who); sources of value creation (where); benefits from collaboration (why). Evidence from action research and multiple case studies indicates that the framework is able to depict business models in IoT. |
| Authors |
Turber, Stefanie; vom Brocke, Jan; Gassmann, Oliver & Fleisch, Elgar |
| Editors |
Tremblay, Monica Chiarini; VanderMeer, Debra; Rothenberger, Marcus; Gupta, Ashish & Yoon, Victoria |
| Language |
English |
| Keywords |
Internet of Things, Digitization, Service-Dominant Logic, Value Networks, Business Model, Collaboration, Digital Ecosystem, Architecture |
| Subjects |
information management |
| HSG Classification |
contribution to scientific community |
| HSG Profile Area |
SoM - Business Innovation |
| Refereed |
No |
| Date |
2014 |
| Publisher |
Springer International Publishing |
| Place of Publication |
Cham |
| Series Name |
Lecture Notes in Computer Science. 9th International Conference, DESRIST 2014, Miami, FL, USA, May 22-24, 2014. Proceedings |
| Volume |
LNCS 8463 |
| Number |
8463 |
| Page Range |
17-31 |
| Number of Pages |
15 |
| Title of Book |
Advancing the Impact of Design Science : Moving from Theory to Practice |
| Event Title |
9th International Conference on Design Science Research in Information Systems and Technology (DESRIST 2014) |
| Event Location |
Miami, FL, USA |
| Event Dates |
22.-23.05.2014 |
| ISSN |
0302-9743 |
| ISBN |
978-3-319-06701-8 |
| Publisher DOI |
https://doi.org/10.1007/978-3-319-06701-8_2 |
| Depositing User |
Stefanie Turber
|
| Date Deposited |
31 Aug 2014 09:20 |
| Last Modified |
20 Jul 2022 17:21 |
| URI: |
https://www.alexandria.unisg.ch/publications/234082 |
Designing Business Models in the Era of Internet of Things : Towards a Reference Framework
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