Development and Future Trends of Digital Product-Service Systems: A Bibliometric Analysis Approach

Rakic, Slavko; Medic, Nenad; Leoste, Janika; Vuckovic, Teodora; Marjanovic, Ugljesa

doi:10.3390/asi6050089

Cited by 7 publications

(6 citation statements)

References 70 publications

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“…In the context of Industry 5.0, Digital Product-Service Systems contribute to all three of the main approaches [24]. The contribution to human-centricity reflects in the number of people needed to successfully implement and manage the Digital Product-Service Systems, which enables improvement of the existing value chains and the creation of new ones [25,26].…”

Section: Digital Product-service Systemsmentioning

confidence: 99%

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The Evaluation of Industry 5.0 Concepts: Social Network Analysis Approach

Slavic,

Marjanovic,

Medic

et al. 2024

Applied Sciences

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During 2022 and 2023, Industry 5.0 attracted a lot of attention. Many articles and papers regarding the basics of Industry 5.0, its pillars, and a comparison of Industry 5.0 and Industry 4.0, Society 5.0, and Operator 5.0 have been published. Although the concept of Industry 5.0 is relatively new, companies from developed countries that have a high level of implementation of Industry 4.0 have already started the transition to Industry 5.0. Even though Industry 5.0 enables developing countries to become a part of developed countries’ value chains, it is not known which path to Industry 5.0 developing countries are taking. To fill this gap, the authors proposed research questions regarding the key indicators for measuring the levels of implementation of Industry 5.0 approaches in the manufacturing sector of the Republic of Serbia. This research includes insights from 146 manufacturing companies, gathered in 2022 as a part of the European Manufacturing Survey. The main findings of this study show that the most important indicator when it comes to human-centricity is training and competence development of production employees with a task-specific focus; the implementation of measures for improving efficiency in material consumption is significant for achieving sustainability; and the use of standardized and detailed work instructions is crucial in order to become resilient.

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Section: Digital Product-service Systemsmentioning

confidence: 99%

“…Finally, during the COVID-19 pandemic, Digital Product-Service Systems proved to be resilient, precisely because of their digital aspects [24]. Digital services can be provided no matter the time and place, the main condition is to have Internet access so that the digital services can be delivered [29].…”

Section: Digital Product-service Systemsmentioning

confidence: 99%

The Evaluation of Industry 5.0 Concepts: Social Network Analysis Approach

Slavic,

Marjanovic,

Medic

et al. 2024

Applied Sciences

Self Cite

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“…The integration of digitalization and servitization is viewed as cutting-edge practice in the manufacturing industry, with digital servitization potentially reshaping production modes in the digital age. However, further clarification on digitalization and servitization is needed (Rakic et al, 2023;Chen et al, 2023).…”

Section: Research On the Digitalization Of Manufacturingmentioning

confidence: 99%

Servitization and digital integration of manufacturing enterprises in China: Performance and strategic paths

Huang,

Kumarasinghe

2024

J. Infras. Policy. Dev.

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The integration of digitalization and servitization has become a significant trend in transforming the manufacturing industry due to digital intelligence technology. This paper examines the impact of the integration of digitalization and servitization on the performance of manufacturing companies and how small-scale enterprises can promote digital transformation leading to servitization. The study involved surveying 331 manufacturing companies in China using a seven-point Likert scale questionnaire. Measurement scales were validated using confirmatory factor analysis and discriminant validity tests. Mediation analysis assessed digitalization’s impact on servitization and firm performance. The study’s findings emphasize the significant impact of digitalization and servitization on enterprises’ performance. Digitalization plays a crucial role in mediating this relationship. The study highlights three critical dimensions of digital variables, including digital technology, digital labor, and digital relationship resources, essential in enabling effective servitization. Manufacturing enterprises generally prefer aligning their technology investments and organizational changes within the digitalization framework to implement servitization successfully. The study suggests two integration strategies, namely conservative and aggressive. The finding emphasizes that the convergence of digitalization and servitization leads to a new manufacturing production mode called digital servitization.

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“…In the context of digital transformation, researchers have examined how the integration of digital technologies can enhance an organization's agility and adaptability. Studies have found that the use of cloud computing, big data analytics, and automation can enable businesses to quickly sense and respond to market changes, rapidly develop and deploy new products or services, and adapt their operations to evolving customer needs [64].…”

Section: Agility and Adaptability As Key Strategic Responses To Marke...mentioning

confidence: 99%

Business Resilience for Small and Medium Enterprises and Startups by Digital Transformation and the Role of Marketing Capabilities—A Systematic Review

Hokmabadi,

Rezvani,

de Matos

2024

Systems

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This study investigates the intersection of digital transformation, business resilience, and marketing capabilities, focusing on small businesses and startups. The digital revolution has significantly transformed business operations, supply chain management, and overall organizational performance. Conducted following PRISMA guidelines, this systematic literature review used the Scopus database, refining an initial 247 documents to 51 relevant studies. Key trends include the vital role of digital transformation in enhancing resilience, the use of emerging technologies for sustainable supply chains, and the importance of digital skills and knowledge management. Research highlights the implications of digital marketing and e-commerce adoption for SMEs, revealing the need for firms to develop dynamic capabilities to thrive in turbulent environments. However, gaps remain, such as understanding the long-term impacts of digital transformation, the interactions between digital maturity, innovation, and sustainability, and the necessity for comparative studies across industries and regions. Additionally, investigating how marketing capabilities contribute to resilience is essential, enabling small businesses and startups to withstand and recover from disruptions. Addressing these trends and gaps will enhance our understanding of digital transformation’s multifaceted implications for SMEs and startups, helping them leverage marketing capabilities to navigate challenges and seize opportunities in the digital era.

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Development and Future Trends of Digital Product-Service Systems: A Bibliometric Analysis Approach

Cited by 7 publications

References 70 publications

The Evaluation of Industry 5.0 Concepts: Social Network Analysis Approach

The Evaluation of Industry 5.0 Concepts: Social Network Analysis Approach

Servitization and digital integration of manufacturing enterprises in China: Performance and strategic paths

Business Resilience for Small and Medium Enterprises and Startups by Digital Transformation and the Role of Marketing Capabilities—A Systematic Review

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