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Benefit distribution and stability analysis of enterprise digital servitization ecosystems from the perspective of value cocreation.

Authors :
Chen, Lide
Peng, Yongtao
Luo, Jianqiang
Source :
Journal of Business & Industrial Marketing; 2024, Vol. 39 Issue 9, p2003-2020, 18p
Publication Year :
2024

Abstract

Purpose: A digital servitization ecosystem (DSE) is a cooperation model based on the concept of value cocreation. However, capability asymmetry among enterprises can lead to unfair benefit distribution and hinder value cocreation and digital service transformation. This paper aims to investigate the impact of the varying capabilities of enterprises (manufacturers, service providers and digital technology providers) on revenue distribution when these enterprises collaborate on digital servitization transformation. This analysis is performed from an ecosystem perspective to facilitate the stable development of DSEs. Design/methodology/approach: The rise of DSEs has engendered extensive literature, and the distribution of benefits within DSEs is in dire need of new mechanisms to adapt to the new competitive environment. The importance of investment contribution, digital servitization level, digitalization level, risk-taking ability, digital servitization effort level and brand awareness is determined by combining the expert scoring method and the entropy value method to determine different weights for manufacturers, service providers and digital technology providers. The Shapley value is used to design the benefit distribution mechanism for stable cooperation among DSE enterprises, thus providing a more scientific basis for the development of cooperative relationships. Findings: Digital servitization is a collaborative process that involves multienterprise activities, and it is significantly affected by digital servitization level and digitalization level. Moreover, constructing the modified Shapley value benefit distribution mechanism according to the relevant capabilities of digital servitization can promote the stable development of DSEs and value cocreation among members. Originality/value: The main contributions of this study are as follows: First, it summarizes the stability-influencing factors of DSEs on the basis of empirical and literature research on the demand for enterprise digital servitization capabilities and transformation difficulties, delves deeper into the capability composition and cooperative relationship of DSE members and combines the expert scoring method and the entropy value method to determine the weighting to design the benefit distribution mechanism. Second, it reflects system stability and development by studying the revenue distribution of DSE members, thereby expanding the ecosystem construction and business model transformation of digital servitization in the existing research. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
08858624
Volume :
39
Issue :
9
Database :
Complementary Index
Journal :
Journal of Business & Industrial Marketing
Publication Type :
Academic Journal
Accession number :
178738462
Full Text :
https://doi.org/10.1108/JBIM-10-2023-0572