The business model innovation and path choice of developing service-embedded manufacturing paradigm

Taiwen Feng; Zhe He; Linyan Sun

doi:10.1109/SOLI.2008.4686366

The business model innovation and path choice of developing service-embedded manufacturing paradigm

Taiwen Feng^*
, Zhe He
, Linyan Sun

^*Corresponding author for this work

Xi'an Jiaotong University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

2 Scopus citations

Abstract

As an innovative manufacturing paradigm and industrial conformation, the appearance and development of service-embedded manufacturing paradigm changed the competitive landscape of each industry. The manufacturing companies are forced to make business model innovation in order to maintain sustaining competitive advantage. Referencing the classification of business model innovation strategy made by IBM, we proposed a framework and best practices about the business model innovation of developing service-embedded manufacturing paradigm after considering the characteristics of service-embedded manufacturing paradigm and the reality of manufacturing companies. We analyzed the path choices of developing service-embedded manufacturing paradigm according to an enterprise's competitive strength and target customer. Finally, the problems that need to be solved urgently were raised from the perspectives of service value proposition, operating model and pricing strategy.

Original language	English
Title of host publication	Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008
Pages	78-82
Number of pages	5
DOIs	https://doi.org/10.1109/SOLI.2008.4686366
State	Published - 2008
Externally published	Yes
Event	2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008 - Beijing, China Duration: 12 Oct 2008 → 15 Oct 2008

Publication series

Name	Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008
Volume	1

Conference

Conference	2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008
Country/Territory	China
City	Beijing
Period	12/10/08 → 15/10/08

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Business model innovation
Competitive landscape
Path choice
Service-embedded manufacturing paradigm

Access to Document

10.1109/SOLI.2008.4686366

Cite this

Feng, T., He, Z., & Sun, L. (2008). The business model innovation and path choice of developing service-embedded manufacturing paradigm. In Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008 (pp. 78-82). Article 4686366 (Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008; Vol. 1). https://doi.org/10.1109/SOLI.2008.4686366

Feng, Taiwen ; He, Zhe ; Sun, Linyan. / The business model innovation and path choice of developing service-embedded manufacturing paradigm. Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008. 2008. pp. 78-82 (Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008).

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title = "The business model innovation and path choice of developing service-embedded manufacturing paradigm",

abstract = "As an innovative manufacturing paradigm and industrial conformation, the appearance and development of service-embedded manufacturing paradigm changed the competitive landscape of each industry. The manufacturing companies are forced to make business model innovation in order to maintain sustaining competitive advantage. Referencing the classification of business model innovation strategy made by IBM, we proposed a framework and best practices about the business model innovation of developing service-embedded manufacturing paradigm after considering the characteristics of service-embedded manufacturing paradigm and the reality of manufacturing companies. We analyzed the path choices of developing service-embedded manufacturing paradigm according to an enterprise's competitive strength and target customer. Finally, the problems that need to be solved urgently were raised from the perspectives of service value proposition, operating model and pricing strategy.",

keywords = "Business model innovation, Competitive landscape, Path choice, Service-embedded manufacturing paradigm",

author = "Taiwen Feng and Zhe He and Linyan Sun",

year = "2008",

doi = "10.1109/SOLI.2008.4686366",

language = "英语",

isbn = "9781424420131",

series = "Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008",

pages = "78--82",

booktitle = "Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008",

note = "2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008 ; Conference date: 12-10-2008 Through 15-10-2008",

}

Feng, T, He, Z & Sun, L 2008, The business model innovation and path choice of developing service-embedded manufacturing paradigm. in Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008., 4686366, Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008, vol. 1, pp. 78-82, 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008, Beijing, China, 12/10/08. https://doi.org/10.1109/SOLI.2008.4686366

The business model innovation and path choice of developing service-embedded manufacturing paradigm. / Feng, Taiwen; He, Zhe; Sun, Linyan.
Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008. 2008. p. 78-82 4686366 (Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008; Vol. 1).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

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AB - As an innovative manufacturing paradigm and industrial conformation, the appearance and development of service-embedded manufacturing paradigm changed the competitive landscape of each industry. The manufacturing companies are forced to make business model innovation in order to maintain sustaining competitive advantage. Referencing the classification of business model innovation strategy made by IBM, we proposed a framework and best practices about the business model innovation of developing service-embedded manufacturing paradigm after considering the characteristics of service-embedded manufacturing paradigm and the reality of manufacturing companies. We analyzed the path choices of developing service-embedded manufacturing paradigm according to an enterprise's competitive strength and target customer. Finally, the problems that need to be solved urgently were raised from the perspectives of service value proposition, operating model and pricing strategy.

KW - Business model innovation

KW - Competitive landscape

KW - Path choice

KW - Service-embedded manufacturing paradigm

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M3 - 会议稿件

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BT - Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008

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ER -

Feng T, He Z, Sun L. The business model innovation and path choice of developing service-embedded manufacturing paradigm. In Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008. 2008. p. 78-82. 4686366. (Proceedings of 2008 IEEE International Conference on Service Operations and Logistics, and Informatics, IEEE/SOLI 2008). doi: 10.1109/SOLI.2008.4686366

The business model innovation and path choice of developing service-embedded manufacturing paradigm

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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