Fortune favors the prepared: How SMEs approach business model innovations in Industry 4.0

Volume: 132, Pages: 2 - 17
Published: Jul 1, 2018
Abstract
null null The article analyzes how Industry 4.0 triggers changes in the business models of manufacturing SMEs (small and medium-sized enterprises), by conducting a qualitative research with a sample of 68 German SMEs from three industries (automotive suppliers, mechanical and plant engineering, as well as electrical engineering and ICT). As SMEs play an essential role in industrial value creation, the article examines significant, yet at present...
Paper Details
Title
Fortune favors the prepared: How SMEs approach business model innovations in Industry 4.0
Published Date
Jul 1, 2018
Volume
132
Pages
2 - 17
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