How do the key capabilities of the industrial internet platform support its growth? A longitudinal case study based on the resource orchestration perspective
Bing Wang,
Ming Ma,
Zongyi Zhang and
Chunhong Li
Technological Forecasting and Social Change, 2024, vol. 200, issue C
Abstract:
The widespread use of digital technology has promoted the rapid development of digital platforms. The current research on the industrial internet platform, a relatively new digital platform in the manufacturing industry, is insufficient to explain its development process. Therefore, this study explores the growth process of the industrial internet platform through a vertical single-case analysis from the perspective of resource orchestration. The following three findings have been obtained: (1) Industrial internet platforms have four key capabilities, namely industry fundamental capabilities, technical capabilities, policy grasp capabilities, and social resource integration capabilities. (2) The main mechanism for critical capabilities that promote the platform's growth lies in the orchestration of crucial resources, which can be structured in four ways: structuring industrial knowledge, bundling industrial modules, leveraging industrial supply resources, and bundling and leveraging government and enterprise resources. (3) The growth of the industrial internet platform follows the path of “serving enterprises—serving industries—serving industrial chains”. This paper contributes to research on the industrial internet platform's key capabilities and growth mechanism and provides a valuable reference for its development.
Keywords: Industrial internet platform; Key capabilities; Evolutionary process; Growth mechanism; Single case study (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162523008715
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:200:y:2024:i:c:s0040162523008715
DOI: 10.1016/j.techfore.2023.123186
Access Statistics for this article
Technological Forecasting and Social Change is currently edited by Fred Phillips
More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().