Assessment of the competitiveness and effectiveness of the business model 4.0

Sandra Grabowska; Sebastian Saniuk

doi:10.1016/B978-0-32-399208-4.00014-3

Assessment of the competitiveness and effectiveness of the business model 4.0

Sandra Grabowska
, Sebastian Saniuk

Department of Production Engineering (RM/RM1)

University of Zielona Gora

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

Abstract

The fourth industrial revolution resulting from the application of new telecommunications technologies and the networking of the economy means dynamic changes in the conditions of running a business. Globalization and competition increase present enterprises with new challenges and the need to apply new business models. The fourth industrial revolution has been going on for several years, affecting the business, industry, and other areas of life, generating new opportunities for both companies and customers. An essential feature of the modern market is the ability to obtain reliable knowledge about customers' needs, which determines the competitive advantage of enterprises. The correct definition of opportunities, challenges, and problems guarantees the intended use of new opportunities or market opportunities. Therefore, the chapter discusses the competitiveness and effectiveness assessment of the business model 4.0, especially concerning the network of enterprises operating in the conditions of personalization and servitization of production.

Original language	English
Title of host publication	Designing Smart Manufacturing Systems
Publisher	Elsevier
Pages	149-161
Number of pages	13
ISBN (Electronic)	9780323992084
ISBN (Print)	9780323996747
DOIs	https://doi.org/10.1016/B978-0-32-399208-4.00014-3
Publication status	Published - 1 Jan 2023

UN SDGs

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

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Balanced Scorecard
Business Model
Consumer Behavior
Cyber-Physical Networks
Industrial Organization
Industry 4.0
Management
Network (Computer Science)
Organizational Behavior
Personalization
Servitization
Sustainability
Technological Change

ASJC Scopus subject areas

General Engineering

Access to Document

10.1016/B978-0-32-399208-4.00014-3

Cite this

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title = "Assessment of the competitiveness and effectiveness of the business model 4.0",

abstract = "The fourth industrial revolution resulting from the application of new telecommunications technologies and the networking of the economy means dynamic changes in the conditions of running a business. Globalization and competition increase present enterprises with new challenges and the need to apply new business models. The fourth industrial revolution has been going on for several years, affecting the business, industry, and other areas of life, generating new opportunities for both companies and customers. An essential feature of the modern market is the ability to obtain reliable knowledge about customers' needs, which determines the competitive advantage of enterprises. The correct definition of opportunities, challenges, and problems guarantees the intended use of new opportunities or market opportunities. Therefore, the chapter discusses the competitiveness and effectiveness assessment of the business model 4.0, especially concerning the network of enterprises operating in the conditions of personalization and servitization of production.",

keywords = "Balanced Scorecard, Business Model, Consumer Behavior, Cyber-Physical Networks, Industrial Organization, Industry 4.0, Management, Network (Computer Science), Organizational Behavior, Personalization, Servitization, Sustainability, Technological Change",

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AU - Saniuk, Sebastian

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N2 - The fourth industrial revolution resulting from the application of new telecommunications technologies and the networking of the economy means dynamic changes in the conditions of running a business. Globalization and competition increase present enterprises with new challenges and the need to apply new business models. The fourth industrial revolution has been going on for several years, affecting the business, industry, and other areas of life, generating new opportunities for both companies and customers. An essential feature of the modern market is the ability to obtain reliable knowledge about customers' needs, which determines the competitive advantage of enterprises. The correct definition of opportunities, challenges, and problems guarantees the intended use of new opportunities or market opportunities. Therefore, the chapter discusses the competitiveness and effectiveness assessment of the business model 4.0, especially concerning the network of enterprises operating in the conditions of personalization and servitization of production.

AB - The fourth industrial revolution resulting from the application of new telecommunications technologies and the networking of the economy means dynamic changes in the conditions of running a business. Globalization and competition increase present enterprises with new challenges and the need to apply new business models. The fourth industrial revolution has been going on for several years, affecting the business, industry, and other areas of life, generating new opportunities for both companies and customers. An essential feature of the modern market is the ability to obtain reliable knowledge about customers' needs, which determines the competitive advantage of enterprises. The correct definition of opportunities, challenges, and problems guarantees the intended use of new opportunities or market opportunities. Therefore, the chapter discusses the competitiveness and effectiveness assessment of the business model 4.0, especially concerning the network of enterprises operating in the conditions of personalization and servitization of production.

KW - Balanced Scorecard

KW - Business Model

KW - Consumer Behavior

KW - Cyber-Physical Networks

KW - Industrial Organization

KW - Industry 4.0

KW - Management

KW - Network (Computer Science)

KW - Organizational Behavior

KW - Personalization

KW - Servitization

KW - Sustainability

KW - Technological Change

UR - https://www.scopus.com/pages/publications/85160731249

U2 - 10.1016/B978-0-32-399208-4.00014-3

DO - 10.1016/B978-0-32-399208-4.00014-3

M3 - Chapter

AN - SCOPUS:85160731249

SN - 9780323996747

SP - 149

EP - 161

BT - Designing Smart Manufacturing Systems

PB - Elsevier

ER -

Assessment of the competitiveness and effectiveness of the business model 4.0

Abstract

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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