Article
Green & Sustainable Science & Technology
Matthew Minsuk Shin, Seunghye Jung, Jin Sung Rha
Summary: This study analyzed the research trend in business ecosystem using network text analysis and found that innovation, sustainability, and platform were the most frequently mentioned keywords, with research topics correlated to each other. Degree centrality and betweenness centrality analysis showed that innovation, sustainability, platform, and business model had the highest degree centrality, while sustainability, innovation, China, and platform had the highest betweenness centrality. Subtopic clusters were classified into five groups, providing a comprehensive understanding of the research trend for researchers to identify expandable topics.
Article
Engineering, Industrial
Changbae Mun, Sejun Yoon, Nagarajan Raghavan, Dongwook Hwang, Subarna Basnet, Hyunseok Park
Summary: This study introduces a new method, function score, to evaluate the relative importance of functionalities in a technological domain, and conducts an empirical study using Genome sequencing technology. The results demonstrate that function score effectively identifies important functionalities in different periods, visualizes dynamic changes of importance and demand, and provides qualitatively acceptable results. The proposed trend analysis based on function score is useful for understanding fundamental developmental trends in a technological domain.
Article
Business
Leonardo Augusto de Vasconcelos Gomes, Fabio Emanuel Farago, Ana Lucia Figueiredo Facin, Ximena Alejandra Flechas, Lucas Emmanuel Nascimento Silva
Summary: This article discusses how firms transform their open business models to ecosystem-based business models and ecosystem business models during the process of platformization. The study identifies a new business model transformation process consisting of three phases: broadening view, integrating, and orchestrating. The findings contribute to our understanding of how cognitive and managerial processes shape the emergence of ecosystem business models while transforming the firm's business model to operate in ecosystems.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2023)
Article
Business
Junhan Kim, Woojin Jeon, Youngjung Geum
Summary: It is acknowledged that convergence plays a crucial role in driving innovation in the modern business environment, especially with the increasing complexity of technology and diverse customer needs. However, the analysis of industry convergence has been limited due to insufficient comprehensive data. This article utilizes merger and acquisition information from Crunchbase dataset to analyze the dynamic trends of industry convergence. The findings provide valuable insights for managers and policymakers in understanding the changes and future trends in industry convergence.
IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT
(2023)
Review
Business
Dieudonnee Cobben, Ward Ooms, Nadine Roijakkers, Agnieszka Radziwon
Summary: In recent years, there has been a resurgence of interest in the ecosystem concept among academics, practitioners, and policymakers, leading to efforts to clarify the conceptual boundaries between different ecosystem types. The study highlighted the multifaceted nature of ecosystem goals and observed shifts in the literature on ecosystem types over time. This systematic review lays the groundwork for future research and practical applications in understanding and utilizing different ecosystem types.
JOURNAL OF BUSINESS RESEARCH
(2022)
Review
Business
Milad Kolagar, Vinit Parida, David Sjodin
Summary: This study investigates how manufacturing firms engaged in digital servitization transform their ecosystems and provides an integrated framework for ecosystem transformation. Suggestions for future research are provided for digital servitization scholars.
JOURNAL OF BUSINESS RESEARCH
(2022)
Article
Green & Sustainable Science & Technology
Adriana Hofmann Trevisan, Camila Goncalves Castro, Gomes Leonardo Augusto de Vasconcelos, Mascarenhas Janaina
Summary: Circular ecosystem is a fast-growing phenomenon where autonomous yet interdependent actors work together to create and deliver circular value propositions to customers. Research shows that ensuring multiple cycles of value and balanced actors are critical aspects of a circular ecosystem. By introducing a framework, we can better understand and articulate the unique features of circular ecosystems.
SUSTAINABLE PRODUCTION AND CONSUMPTION
(2022)
Article
Computer Science, Interdisciplinary Applications
Kirsi Kokkonen, Lea Hannola, Tuija Rantala, Juhani Ukko, Minna Saunila, Tero Rantala
Summary: Digital twins are recognized as a key facilitator for service business growth in manufacturing. This study focuses on the preconditions and benefits of developing ecosystem-based services around digital twins. The results show that individual companies' willingness to share information and goal orientation determine the emergence of ecosystems at the company level. The expected benefits include effective resource utilization, co-learning opportunities, and new business creation. At the ecosystem level, a digital twin business ecosystem requires technical receptivity, common interests and goals, and a customer-centric approach. A successful digital twin business ecosystem provides inter-organizational value for its members.
INTERNATIONAL JOURNAL OF COMPUTER INTEGRATED MANUFACTURING
(2023)
Article
Management
Ke Rong, Yong Lin, Wei Du, Shuaishuai Yang
Summary: With the rapid development of digital technologies, innovative business models have flourished in the past two decades, necessitating further investigation into the research trends of business models in the digital era. This study utilizes bibliometrics techniques to explore the existing literature on business models, and employs structured reviews to conduct content analysis, resulting in the identification of research trends and propositions. The analysis reveals that the majority of the literature can be summarized into a 4V-BM framework, encompassing value proposition, value creation, value delivery, and value capture. Furthermore, it uncovers and validates three trending areas focused on dynamics, digitalization, and business ecosystem. Based on these findings, the study proposes a concept of the ecosystem-oriented business model that reflects these three trending features. The research findings provide insights for entrepreneurs and ecosystem organizations regarding the current business models in digital transformation and their potential economic impact.
TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT
(2023)
Article
Social Issues
Efstathios Papanikolaou, Jannis Angelis, Vassilis Moustakis
Summary: This study expands on DLT and ecosystem research by investigating how different ecosystem types fit into DLT and finds that the business ecosystem type is the best match. It provides insights into the characteristics and features of DLT business ecosystems and their similarities with other ecosystem types.
TECHNOLOGY IN SOCIETY
(2023)
Article
Engineering, Industrial
Edgar Brea
Summary: This study proposes a conceptual framework based on the ecosystem business model to specify actors' roles in innovation of the ecosystem. Two case studies from the air transport and healthcare sectors are used to illustrate the arguments and demonstrate their application under different connectivity governance rules. This paper contributes to the ecosystem literature by explaining the interaction between governance structures and innovation dynamics and providing a new explanation of ecosystem evolution compatible with digital connectivity trends. The framework also serves as a guiding tool for practitioners to map out actor roles and their potential impact on innovation in the ecosystem's value proposition.
Editorial Material
Engineering, Industrial
A. Georges L. Romme, Jan Holmstrom
Summary: Most studies published in Technovation adopt a theory-driven approach, but the authors call for a more instrumental approach to serve the needs of practitioners and increase impact on innovation practice. They introduce design science methodologies, which operate at the interface of problem-solving design and explanatory science to create and test solutions. The authors provide examples of widely used tools resulting from design science work, and discuss the challenges in the technological innovation domain that require tools to address.
Article
Computer Science, Information Systems
Siyeong Yun, Woojin Cho, Chulhyun Kim, Sungjoo Lee
Summary: This study identifies technological evolution patterns based on the purpose and effect of the technology using patent data, and proposes the direction of future development by referencing evolution patterns in other sectors to discover technology opportunities for companies. The proposed approach enables an in-depth understanding of technological evolution patterns via empirical analysis of patent data and supports the identification of new technology opportunities by comparing evolution patterns in the target field with the reference field.
INFORMATION PROCESSING & MANAGEMENT
(2022)
Article
Computer Science, Information Systems
Siyeong Yun, Woojin Cho, Chulhyun Kim, Sungjoo Lee
Summary: This study identifies technological evolution patterns based on the purpose and effect of technology using patent data and proposes future development directions by referencing evolution patterns in other sectors. The findings suggest that bio-healthcare technologies have evolved towards enhancing data quality or energy efficiency, with potential opportunities in improving consumer convenience and supporting product use. The approach enables a comprehensive understanding of technological evolution patterns and supports the identification of new technology opportunities.
INFORMATION PROCESSING & MANAGEMENT
(2022)
Article
Mathematics, Interdisciplinary Applications
Renjie Hu, Wencong Ma, Weiqiang Lin, Xiude Chen, Zuchang Zhong, Chuhong Zeng
Summary: This study utilizes patent texts from the field of new energy vehicles in China to analyze the evolution trend and predict the popularity and development trend of 25 technical topics using LDA and ARIMA models. The findings provide insights into the important technical topics and their trends for countries dedicated to developing the new energy vehicle industry.
