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Shipping: A Self-Organising Ecosystem

Richard T. Watson (), Mikael Lind (), Nik Delmeire () and Fernando Liesa ()
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Richard T. Watson: University of Georgia
Mikael Lind: Research Institutes of Sweden (RISE) and Chalmers University of Technology
Nik Delmeire: European Inland Waterway Transport
Fernando Liesa: ETP-Alice

A chapter in Maritime Informatics, 2021, pp 13-32 from Springer

Abstract: Abstract Shipping, perhaps the original sharing economy, is a self-organising ecosystem (SOE). The maritime ecosystem is a capital creation process. It creates capital by moving products from the producer to consumer through a series of episodic tight couplings, such as a ship with a berth. Such coupling requires sharing data about the time, location, and intentions of a planned joint activity. In today’s world, we can picture an SOE as a network of digital objects communicating via standardised digital data streams. Innovation within an SOE is particularly challenging because there is usually no central player who can direct change. Occasionally, there can be interventions, such as the International Maritime Organization (IMO), dictating the adoption of the automatic identification system (AIS), which was the seed innovation for kick-starting digitised shipping. A seven-layer model for advancing Maritime Informatics innovation is introduced. Digitisation and Maritime Informatics create opportunities for new structures for capital creation.

Keywords: Capital creation; Complexity; Data sharing; Digitisation; Ecosystem; Episodic coupling; Innovation; Self-organising; Sharing economy; Stack (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prochp:978-3-030-50892-0_2

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DOI: 10.1007/978-3-030-50892-0_2

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