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Business models for developing smart cities. A fuzzy set qualitative comparative analysis of an IoT platform

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  • Abbate, Tindara
  • Cesaroni, Fabrizio
  • Cinici, Maria Cristina
  • Villari, Massimo

Abstract

What different configurations of Business Model (BM) exist in an IoT platform that aims at developing smart cities? To address this research question, we build on BM literature and argue that BM configurations have general characteristics beyond the unique traits of individual firms. We empirically investigate 21 projects for smart cities that participate to a European funded Accelerator using fuzzy set qualitative comparative analysis (fsQCA). Our findings reveal the most frequent patters of association among value propositions and BM's building blocks. In so doing, we contribute to explain and analyze the diversity among cases as well as BM's causal complexity.

Suggested Citation

  • Abbate, Tindara & Cesaroni, Fabrizio & Cinici, Maria Cristina & Villari, Massimo, 2019. "Business models for developing smart cities. A fuzzy set qualitative comparative analysis of an IoT platform," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 183-193.
    • Handle: RePEc:eee:tefoso:v:142:y:2019:i:c:p:183-193
    DOI: 10.1016/j.techfore.2018.07.031
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    2. Karina RADCHENKO, 2024. "Factors influencing the content of Smart City initiatives(particularly based on institutional theories of organization)," Smart Cities and Regional Development (SCRD) Journal, Smart-EDU Hub, Faculty of Public Administration, National University of Political Studies & Public Administration, vol. 8(3), pages 55-64, April.
    3. Mora, Luca & Gerli, Paolo & Ardito, Lorenzo & Messeni Petruzzelli, Antonio, 2023. "Smart city governance from an innovation management perspective: Theoretical framing, review of current practices, and future research agenda," Technovation, Elsevier, vol. 123(C).
    4. Bencsik, Barbara & Palmié, Maximilian & Parida, Vinit & Wincent, Joakim & Gassmann, Oliver, 2023. "Business models for digital sustainability: Framework, microfoundations of value capture, and empirical evidence from 130 smart city services," Journal of Business Research, Elsevier, vol. 160(C).
    5. Manuel Fernández-Esquinas & María Isabel Sánchez-Rodríguez & José Antonio Pedraza-Rodríguez & Rocío Muñoz-Benito, 2021. "The use of QCA in science, technology and innovation studies: a review of the literature and an empirical application to knowledge transfer," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(8), pages 6349-6382, August.
    6. Leonidas G. Anthopoulos & Dimitrios N. Tzimos, 2021. "Carpooling Platforms as Smart City Projects: A Bibliometric Analysis and Systematic Literature Review," Sustainability, MDPI, vol. 13(19), pages 1-29, September.
    7. Cranmer, Eleanor E. & Papalexi, M. & tom Dieck, M. Claudia & Bamford, D., 2022. "Internet of Things: Aspiration, implementation and contribution," Journal of Business Research, Elsevier, vol. 139(C), pages 69-80.
    8. Jang, Hyunmi & Haddoud, Mohamed Yacine & Roh, Saeyeon & Onjewu, Adah-Kole Emmanuel & Choi, Taeeun, 2023. "Implementing smart factory: A fuzzy-set analysis to uncover successful paths," Technological Forecasting and Social Change, Elsevier, vol. 195(C).
    9. Mu, Rui & Haershan, Maidina & Wu, Peiyi, 2022. "What organizational conditions, in combination, drive technology enactment in government-led smart city projects?," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    10. Fernandez-Lores, Susana & Crespo-Tejero, Natividad & Fernández-Hernández, Ruth, 2022. "Driving traffic to the museum: The role of the digital communication tools," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    11. Palmaccio, Matteo & Dicuonzo, Grazia & Belyaeva, Zhanna S., 2021. "The internet of things and corporate business models: A systematic literature review," Journal of Business Research, Elsevier, vol. 131(C), pages 610-618.

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