Co-Opetition and the Industrial Internet of Things: A Strategic Framework for Operational Efficiency in the Portuguese Ornamental Stone Sector

Agostinho da Silva () and Antonio J. Marques Cardoso
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Agostinho da Silva: CISE—Electromechatronic Systems Research Centre, University of Beira Interior, 6201-001 Covilhã, Portugal
Antonio J. Marques Cardoso: CISE—Electromechatronic Systems Research Centre, University of Beira Interior, 6201-001 Covilhã, Portugal

Administrative Sciences, 2024, vol. 14, issue 6, 1-16

Abstract: In our rapidly globalizing and digitizing world, small and medium-sized manufacturing enterprises (SMEs) face significant challenges that compel them to adopt a co-opetition strategy—a blend of competition and collaboration. Despite their potential benefits, the high failure rates and unmet expectations of co-opetition networks highlight a significant gap in the empirical frameworks for establishing and maintaining these networks. This research seeks to address these gaps by developing a framework that enhances value cocreation in the Portuguese ornamental stone sector, integrating the latest developments in the Industrial Internet of Things (IIoT), Service-Dominant Logic (S-D Logic), and service science. Question: How can a framework integrating IIoT, S-D Logic, and service science enhance value cocreation and manage co-opetition among SMEs in the Portuguese ornamental stone sector? Methods: Theoretical insights and practical applications were synthesized to develop and validate a comprehensive co-opetition framework. This framework was tested through an experimental pilot project in the Portuguese ornamental stone sector, leveraging IIoT. Results: The implementation of the framework demonstrated significant operational efficiency, including enhanced performance, reduced production variance, and better resource utilization, indicating that integrating IIoT within co-opetition networks can effectively support SMEs. Conclusions: This study confirms the transformative impact of embedding IIoT in co-opetition networks, offering a replicable and scalable framework for other sectors. This framework addresses the empirical gap and aligns with broader socio-economic goals, setting the stage for further research into its applicability and potential across diverse industrial environments.

Keywords: co-opetition; S-D Logic; service science; IIoT; ornamental stone sector (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2024
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