Microfoundations of Dynamic Capabilities for Platform Ecosystem Establishment: Evidence from Enterprise IoT

Item Type Conference or Workshop Item (Paper)
Abstract The internet of things (IoT) and digital platforms have offered industrial companies new opportunities to compete against digital platform-native companies. To succeed in this competition, industry incumbents must learn to extend their traditional product and service business through platforms. However, extant research has focused primarily on the ability of platform owners to govern mature platforms for innovation but has largely ignored how industry incumbents can build these capabilities internally during the establishment of their platform ecosystems as part of larger transformational journeys. To address this gap, we conduct a multiple case study of three incumbent organizations, drawing on a dynamic capability lens. We identify 11 practical microfoundations of sensing, seizing, and reconfiguring dynamic capabilities that aided three incumbents in establishing their IoT platform ecosystems. Besides the transformational activities, our findings contribute to the literature on platform establishment through three IoT-related shifts that deviate from known digital platform paradigms.
Authors Marheine, Christian & Petrik, Dimitri
Research Team IWI3
Language English
Keywords Platform establishment, internet of things, digital platform, ecosystem, value cocreation, dynamic capabilities, microfoundations
Subjects information management
HSG Classification contribution to scientific community
Refereed Yes
Date December 2021
Number of Pages 17
Event Title International Conference on Information Systems
Event Location Austin, Texas
Event Dates 13-15 December
Depositing User Dr. Christian Marheine
Date Deposited 05 Oct 2021 16:29
Last Modified 20 Jul 2022 17:46
URI: https://www.alexandria.unisg.ch/publications/264516

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Marheine, Christian & Petrik, Dimitri: Microfoundations of Dynamic Capabilities for Platform Ecosystem Establishment: Evidence from Enterprise IoT. 2021. - International Conference on Information Systems. - Austin, Texas.

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https://www.alexandria.unisg.ch/id/eprint/264516
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