Challenges of Business Model Concept of Small-and Medium-Sized Enterprise Cooperation

In this chapter, the Business Model 4.0 concept of small- and medium-sized enterprises cooperating within an e-business platform that supports the creation of temporary production networks that guarantee personalized product execution in the Industry 4.0 environment is presented. The considerations presented in this chapter are especially dedicated to the SMEs sector and especially their managers, who are facing changes that are being determined by the Fourth Industrial Revolution and wish to build a business model based on the e-business platform that supports the creation of temporary production networks focused on personalized products execution. The main conclusion is that building business model 4.0 based on a collaborative network gives entrepreneurs the opportunity to create spectacular effects.