Skip to main content

New Business Models Elements Oriented to Product-Service Machinery Industry

  • Conference paper
  • First Online:
Advances in Sustainable and Competitive Manufacturing Systems

Part of the book series: Lecture Notes in Mechanical Engineering ((LNME))

Abstract

Nowadays, business models play a key role in competitiveness. Each industry has specific needs regarding the customization of their business models. Through a personalized business model, organizations can enjoy a customized mapping of all the business activities. In the machinery industry domain and specifically producers of integrated Products and Services, the need for a customized business model has been growing due to the specifications of the industry. The existing business models do not satisfy the capital goods companies’ needs, therefore a study was conducted to analyze and understand companies’ specifications, the existing supporting business frameworks to further proceed with the creation of a new methodology and framework that supports the businesses of this specific industry.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Teece DJ (2010) Business models, business strategy and innovation. Long Range Plan 43(2–3):172–194

    Article  Google Scholar 

  2. Biege S, Copani G, Lay G (2009) Innovative service-based business concepts for the machine tool building industry. In: Proceedings of the CIRP IPS2 conference, pp 173–179

    Google Scholar 

  3. Chesbrough H, Schwartz K (2007) Innovating business models with co-development partnerships. Res Technol Manage 50(1):55

    Google Scholar 

  4. Aurich J, Fuchs C, DeVries M (2004) An approach to life cycle oriented technical service design. CIRP Ann—Manuf Technol 53(1):151–154

    Article  Google Scholar 

  5. Aurich JC, Fuchs C, Wagenknecht C (2006) Life cycle oriented design of technical product-service systems. J Cleaner Prod 14(17):1480–1494

    Article  Google Scholar 

  6. Wu Y, Gao J (2010) A study on the model and characteristics of product-based service supply. In: Logistics systems and intelligent management, 2010 international conference on, pp 1127–1131

    Google Scholar 

  7. Neely A, Mcfarlane D, Visnjic I (2011) Complex service systems—identifying drivers, characteristics and success factors complex service systems—identifying drivers, characteristics and success factors. In: 18th European operation management association conference

    Google Scholar 

  8. Osterwalder A, Pigneur Y (2010) Business model generation. Wiley, New York, Inc.

    Google Scholar 

  9. Hodgson GM (2003) Capitalism, complexity, and inequality. J Econ Issues XXXVII 2:471–478

    Google Scholar 

  10. Osterwalder A (2004) The business model ontology a proposition in a design science approach. Harvard Business School Press, Cambridge

    Google Scholar 

  11. Schweizer L (2005) Concept and evolution of business models. J Gen Manage 31(2):37

    Google Scholar 

  12. Osterwalder A, Pigneur Y (2002) Business models and their elements. BITA B4U workshop, business models, 4–5 Oct 2002

    Google Scholar 

  13. Osterwalder A, Pigneur Y, Tucci C (2005) Clarifying business models: origins, present, and future of the concept. Communication of the association for information systems, 15 May 2005

    Google Scholar 

  14. Clark T, Osterwalder A, Pigneur Y (2012) Business model you. LLC, US

    Google Scholar 

  15. Pawar KS, Beltagui A, Riedel JCKH (2009) The PSO triangle: designing product, service and organisation to create value. Int J Oper Prod Manage 29(5):468–493

    Article  Google Scholar 

  16. Baines TS, Lightfoot HW, Benedettini O, Kay JM (2009) The servitization of manufacturing: a review of literature and reflection on future challenges. J Manuf Technol Manage 20(5):547–567

    Article  Google Scholar 

  17. Tukker A, Tischner U (2006) Product-services as a research field: past, present and future. reflections from a decade of research. J Cleaner. Prod 14(17):1552–1556

    Google Scholar 

  18. Azarenko A, Roy R, Shehab E, Tiwari A (2009) Technical product-service systems: some implications for the machine tool industry. J Manuf Technol Manage 20(5):700–722

    Article  Google Scholar 

  19. Tukker A (2004) Eight types of product–service system: eight ways to sustainability? Experiences from SusProNet. Bus Strategy Env 13(4):246–260

    Article  Google Scholar 

  20. Cook MB, Bhamra TA, Lemon M (2006) The transfer and application of product service systems: from academia to UK manufacturing firms. J Cleaner Prod 14(17):1455–1465

    Article  Google Scholar 

  21. Tan AR, Mcaloone TC, Myrup Andreasen M (2006) What happens to integrated product development models with product/service-system approaches? In: 6th integrated product development workshop, IPD2006

    Google Scholar 

  22. Alle V (2002) A value network approach for modeling and measuring intangibles. Madrid

    Google Scholar 

  23. Rojas E, Barros A, Azevedo A, Batocchio A (2012) Business model development for virtual enterprises. In: Proceedings of PRO-VE 2012 collaborative networks in the internet of services. IFIP advances in information and communication technology, pp 624–634

    Google Scholar 

  24. Copani G, Bosani R, Tosatti LM, Azevedo A (2006) A structured methodology for business network design. In: Proceedings of 12th international conference on concurrent enterprising, 2006

    Google Scholar 

  25. Kindström D (2010) Towards a service-based business model—key aspects for future competitive advantage. Eur Manage J 28(6):479–490

    Article  Google Scholar 

  26. Allee V (2008) Value network analysis and value conversion of tangible and intangible assets. J Intellect Capital 9(1):5–24

    Article  Google Scholar 

  27. Lau HCW, Lee WB, Lau PKH (2001) Development of an intelligent decision support system for benchmarking assessment of business partners. Benchmarking: An Int J 8(5):376–395

    Article  Google Scholar 

  28. Davenport T (1993) Process innovation: reengineering work through information technology. Harvard Business Press, Boston

    Google Scholar 

  29. Hammer M, Stanton S (1999) How process enterprises really work. Harvard Bus Rev 77(6):108

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Américo Azevedo .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer International Publishing Switzerland

About this paper

Cite this paper

Azevedo, A., Ribeiro, H. (2013). New Business Models Elements Oriented to Product-Service Machinery Industry. In: Azevedo, A. (eds) Advances in Sustainable and Competitive Manufacturing Systems. Lecture Notes in Mechanical Engineering. Springer, Heidelberg. https://doi.org/10.1007/978-3-319-00557-7_104

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-00557-7_104

  • Published:

  • Publisher Name: Springer, Heidelberg

  • Print ISBN: 978-3-319-00556-0

  • Online ISBN: 978-3-319-00557-7

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics