| 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 |
Microfoundations of Dynamic Capabilities for Platform Ecosystem Establishment: Evidence from Enterprise IoT
![[img]](http://www.alexandria.unisg.ch/style/images/fileicons/oa_orange.png)
