1. Designing the future of coopetition: An IIoT approach for empowering SME networks.
- Author
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da Silva, Agostinho and Marques Cardoso, Antonio J.
- Subjects
- *
INFORMATION & communication technologies , *SMALL business , *COOPETITION , *DESIGN competitions , *DESIGN science - Abstract
In an era where Information and Communication Technologies (ICT) redefine the boundaries of competition and collaboration, the concept of coopetition — simultaneous competition and cooperation — emerges as a strategic imperative for small and medium-sized enterprises (SMEs). This study presents the design and development of an Industrial Internet of Things (IIoT) artefact designed to enable competition among SMEs. Bringing the Service-Dominant Logic (S-D logic) foundations to IIoT, a Design Science Research (DSR) approach was employed. This approach facilitated the integration of design theory with practical problem-solving, creating the Coopetition IIoT-based System. The primary goal of this solution is to augment the dynamics of coopetition networks, with a particular focus on SMEs. The practical evaluation of the Coopetition IIoT-based System is assessed through a prototype evaluation by experts representing twenty-four manufacturing stone SMEs, a crucial sector in the Portuguese economy. The feedback received was highly positive, indicating a positive evaluation rate of 78.9%. This favourable response highlights the Coopetition IIoT-based System's proficiency in fostering simultaneous competition and cooperation throughout the lifecycle of business opportunities in SME networks, thereby underscoring its potential as a facilitator of effective competition. Theoretically, this research enriches the application of S-D logic in coopetition networks and advances state-of-the-art IIoT systems. Practically, the Coopetition IIoT-based System demonstrates significant potential in boosting the competitiveness of SMEs in developed economies. Nonetheless, the ultimate efficacy of such IIoT systems will be best determined through real-world application and evaluation. Future research should concentrate on the real-case deployment and assessment of Coopetition IIoT-based Systems within coopetition networks. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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