Connecting the Path Between Open Innovation and Industry 4.0: A Review of the Literature

Strazzullo, Serena; Cricelli, Livio; Grimaldi, Michele; Ferruzzi, Gabriella

doi:10.1109/tem.2021.3139457

Cited by 27 publications

(16 citation statements)

References 98 publications

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“…− crowdsourcing and open innovation − mass customization − product service systems − internet of things business models Open innovation models are characterized by their ability to optimize performance with external knowledge while taking advantage of their digital platforms [45]. Mass communication business models use SMART (Specific, Measurable, Attainable, Relevant, and Time-bound) to communicate independently while integrated into production processes [46].…”

Section: Discussionmentioning

confidence: 99%

Analysis of digital platforms' business models and their applications in the 4th industrial revolution

Shenkoya

2022

J Eng Technol Rev

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Digital revolution, as a result of the fourth industrial revolution is changing the way people live and conduct their business. Its promise of sustainability is building optimism amongst users. However, there is a lack of research in understanding how digital platform business models can be tailored for use in existing businesses and how this technology can be used to revolutionize new businesses. This study conducted a systematic literature review to create a deeper understanding of the technology of digital platform business models and their characteristics and application. The results of this study are used to develop a hybrid structure of the digital platform business models and their components. Also, this study identified the critical elements of the cyber-physical system. Herein, the core, trendy, intermittent, and emergent keywords relating to digital platform business models are placed and analyzed. This study contributed to the body of knowledge by an in-depth understanding of digital platform business models and their relevance in the fourth industrial revolution by removing barriers that may limit their use.

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Section: Discussionmentioning

confidence: 99%

Analysis of digital platforms' business models and their applications in the 4th industrial revolution

Shenkoya

2022

J Eng Technol Rev

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“…The previous discussion introduces to the general concept of open innovation (hereafter, OI): OI grounds on the assumption that a single organization cannot really innovate by itself; conversely, it should collaborate with different partners to acquire ideas and resources from the external environment (Corvello et al. , 2013; Bigliardi and Galati, 2018; Strazzullo et al. , 2022).…”

Section: Toward Open Innovation In the Fashion Industry: A Review Of ...mentioning

confidence: 99%

Is any open innovation pattern emerging in the Italian fashion field? Preliminary evidence from some case studies

Bigliardi

Bottani

Filippelli

et al. 2022

EJIM

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PurposeThe aim of this paper is to explore whether open innovation is emerging in the Italian fashion industry.Design/methodology/approachBased on available studies on innovation and open innovation, we first identified the main facets of open innovation within the industry investigated, such as the process of searching for new ideas, the involvement of external partners in the new product development process and the use of collaboration mechanisms between supply chain partners. Starting from these findings, the authors designed a semi-structured questionnaire that was used as a guideline for 15 case studies, carried out in the Italian fashion industry.FindingsThe outcomes from the case studies allow drawing some conclusions about the emergency of open innovation in the fashion industry and the related patterns.Originality/valueGiven its exploratory nature, this study is expected to start a debate about open innovation in the fashion industry, as well as to encourage future studies in this field.

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“…T HE fourth industrial revolution, also referred to as Industry 4.0, focused the attention of policymakers, researchers, practitioners, industry analysts, and managers on the employment of key technologies to support future investments, consumption, growth, employment, and trade [1], [2]. Despite the initial reference to the manufacturing industry and the concept of smart factory [3], [4], the implications of Industry 4.0 also regard other sectors where technologies can be a driver of business performance improvement [5], [6], [7]. Within the industry 4.0 paradigm, the appropriate implementation of key technologies is fundamental to achieve positive outcomes [8].…”

Section: Introductionmentioning

confidence: 99%

A Framework for Investigating the Adoption of Key Technologies: Presentation of the Methodology and Explorative Analysis of Emerging Practices

Cammarano

Varriale

Michelino

et al. 2024

IEEE Trans. Eng. Manage.

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In this article, we present a framework for performing a systematic literature review on the implementation of emerging business practices and the adoption of these key technologies: three-dimensional printing, artificial intelligence, blockchain, computing, digital applications, geospatial technologies, immersive environments, Internet of things, open and crowd-based platforms, proximity technologies, and robotics. Through the content analysis of the full text of scientific papers, emerging practices are captured and then classified within a group of standardized labels. This allows to summarize an emerging practice as the use of a key technology within a business context-represented by industry, business function, and business process adopting the technology-with the aim of achieving improvements in terms of business performance. The adoption of this methodology allows the recognition of the opportunities for companies of enhancing performance through key technologies. With this study, the framework is tested by classifying more than 22 000 scientific articles and extracting 15 708 emerging practices. The explicative power of data collected is demonstrated by performing an explorative analysis aiming at illustrating the state-of-the-art of emerging practices. Moreover, by employing association rules algorithms, 262 practices are found as the most frequent and relevant and are the candidate for becoming future best practices.

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Connecting the Path Between Open Innovation and Industry 4.0: A Review of the Literature

Cited by 27 publications

References 98 publications

Analysis of digital platforms' business models and their applications in the 4th industrial revolution

Analysis of digital platforms' business models and their applications in the 4th industrial revolution

Is any open innovation pattern emerging in the Italian fashion field? Preliminary evidence from some case studies

A Framework for Investigating the Adoption of Key Technologies: Presentation of the Methodology and Explorative Analysis of Emerging Practices

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