Capturing the benefits of industry 4.0: a business network perspective

Andreas Schroeder, Ali Ziaee Bigdeli, Carlos Galera Zarco, Tim Baines

    Research output: Contribution to journalArticlepeer-review

    134 Citations (Scopus)
    70 Downloads (Pure)

    Abstract

    This study uses a business network perspective to investigate the industry 4.0 context with the internet of things (IoT) as its enabling technology and product-use data as its core network resource. A three-stage qualitative methodology (interviews, focus group, Delphi-based inquiry) was used to examine the case of an emergent IoT-based business network in the UK road transport industry to examine: (i) how aspects of product use data influence the benefit opportunities the data provide to the different network actors; (ii) how capturing of the benefit opportunities in a network context is impacted by key barriers; and (iii) how network capabilities can overcome these barriers to capture benefits from product-use data. The study, thereby, contributes to an understanding of the industry 4.0 context from a resource dependency theory perspective and provides concrete recommendations for management operating in this context.

    Original languageEnglish
    Pages (from-to)1305-1321
    Number of pages17
    JournalProduction Planning and Control
    Volume30
    Issue number16
    Early online date15 May 2019
    DOIs
    Publication statusPublished - 10 Dec 2019

    Keywords

    • business network
    • industrial internet
    • Industry 4.0
    • internet of things (IoT)
    • resource dependence

    ASJC Scopus subject areas

    • Computer Science Applications
    • Strategy and Management
    • Management Science and Operations Research
    • Industrial and Manufacturing Engineering

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