Artificial intelligence enabling circular business model innovation in digital servitization: Conceptualizing dynamic capabilities, AI capacities, business models and effects

Sjödin, David; Parida, Vinit; Kohtamäki, Marko

doi:10.1016/j.techfore.2023.122903

Public

Artificial intelligence enabling circular business model innovation in digital servitization: Conceptualizing dynamic capabilities, AI capacities, business models and effects

Published in Technological Forecasting and Social Change • Oct 13, 2023

Authors:

David Sjödin

Vinit Parida

Marko Kohtamäki

Abstract

This study explores the potential of AI to enable circular business model innovation (CBMI) for industrial manufacturers and the corresponding AI capacities and dynamic capabilities required for their commercialization. Employing an analysis of six leading B2B firms engaged in digital servitization,...

Subject

Business model

Commercialization

Circular economy

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