Enabling the mapping of internet of things ecosystem business models through roles and activities in value co-creation

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Abstract

The increasing connectivity provided by the Internet of Things (IoT) supports novel business opportunities for actors’ overlapping service systems. Therefore, the co-creative nature of IoT business needs to be further studied. This paper contributes to the understudied area of IoT ecosystem dynamics by reporting an empirical study on a European IoT initiative and describing different actor roles and activities in the IoT use cases, and their implications for IoT ecosystem value creation. The paper shows how IoT ecosystem actors may take the roles of Ideator, Designer, or Intermediary in different design layers, and, recommends this approach to better understand and describe ecosystem business models. Theoretical and managerial implications are discussed.
Original languageEnglish
Title of host publicationProceedings of the 51st Annual Hawaii International Conference on System Sciences, HICSS 2018
PublisherUniversity of Hawaii
Number of pages10
ISBN (Electronic)978-0-9981331-1-9
Publication statusPublished - 2 Jan 2018
MoE publication typeA4 Article in a conference publication
EventAnnual Hawaii International Conference on System Sciences - Waikoloa Village, United States
Duration: 3 Jan 20186 Jan 2018
Conference number: 51
http://hicss.hawaii.edu/

Conference

ConferenceAnnual Hawaii International Conference on System Sciences
Abbreviated titleHICSS
CountryUnited States
CityWaikoloa Village
Period03/01/201806/01/2018
Internet address

Keywords

  • Ecosystem
  • Value co-creation
  • Role
  • Internet of Things
  • Business model

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    Ikävalko, H., Turkama, P., & Smedlund, A. (2018). Enabling the mapping of internet of things ecosystem business models through roles and activities in value co-creation. In Proceedings of the 51st Annual Hawaii International Conference on System Sciences, HICSS 2018 University of Hawaii. https://scholarspace.manoa.hawaii.edu/handle/10125/50509