Industry 4.0 innovation ecosystems: An evolutionary perspective on value cocreation

Industry 4.0 considers complex interrelated IoT-based technologies for the provision of digital solutions. Such a complexity demands a vast set of capabilities that are hard to be found in a single technology provider, especially for small and medium-sized enterprises (SMEs). Innovation ecosystems allow SMEs to integrate resources and cocreate Industry 4.0 solutions. We aim to understand how such ecosystems can consolidate and evolve, and how...