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Development of Business Models in the Fourth Industrial Revolution: Conditions in the Context of Empirical Research on Worldwide Scope Companies Located in Poland

  • University of Zielona Gora

Research output: Contribution to journalArticlepeer-review

9 Citations (Scopus)

Abstract

Ubiquitous digitization, changing competitive intensity, and rapid development of new technologies are shaping the new business landscape, creating new opportunities for consumers and businesses. There is a need to create open business models that allow for the introduction of open innovations, rapid reorganization of processes, and flexibility in adapting modern enterprises to dynamically changing market conditions. The achievements and results presented in the article were obtained by conducting a survey using the CAWI method, among 70 purposefully selected companies; the research was carried out in Poland. The impact of Industry 4.0 technology on business models, barriers to the implementation of these technologies, and changes in business models that occurred as a result of this implementation were identified. The article is dedicated to researchers working on business models and business practitioners.

Original languageEnglish
Article number86
JournalJournal of Open Innovation: Technology, Market, and Complexity
Volume8
Issue number2
DOIs
Publication statusPublished - Jun 2022

UN SDGs

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

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • Fourth Industrial Revolution
  • Industry 4.0
  • business models
  • digitalization
  • open business model
  • open innovation

ASJC Scopus subject areas

  • Development
  • Sociology and Political Science
  • General Economics,Econometrics and Finance

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