Capturing the Benefits of Industry 4.0: A Business Network Perspective

Research output: Contribution to journalArticle

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

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Bibliographical note

This is an Accepted Manuscript of an article published by Taylor & Francis Group in Production Planning and Control on 15 May 2019, available online at: http://www.tandfonline.com/10.1080/09537287.2019.1612111

Keywords

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

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