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A Study of the Business Model Development of Human Centric Lighting: Based on Eco-Science Methodology

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  • Hyeog-In Kwon

    (School of Business Administration, Chung-Ang University, Seoul 06974, Korea)

  • Bo-Hyun Baek

    (Department of Arts and Cultural Management, Graduate School, Chung-Ang University, Seoul 06974, Korea)

  • Yong-Su Jeon

    (Department of Arts and Cultural Management, Graduate School, Chung-Ang University, Seoul 06974, Korea)

Abstract

Human centric lighting (HLC) is a promising market for innovations in the lighting market, but there is a lack of research on sustainable business models. Therefore, this study proposes a service, ecosystem, business model, and platform to innovate the HLC industry using eco-science methodologies suitable for manufacturing servitization. The study’s findings show that the introduction of a platform-based B2B smart space service can have an impact on the spread of HCL. Accordingly, this study derives a business model and billing strategy that industry stakeholders involved in the smart space can cooperate with. Further, the study proposes a platform design to realize the proposed business model and verifies a service prototype to analyze the completeness of the research results and their economic ripple effects. As for the implications, this study presents an integrated perspective business model to revitalize the HCL market based on a systematic methodology from the convergence studies perspective. Additionally, there are academic implications that, instead of just proposing the research results, objectively evaluate and verify the completeness of the results. The results of this study suggest a future-oriented direction for the field of HCL.

Suggested Citation

  • Hyeog-In Kwon & Bo-Hyun Baek & Yong-Su Jeon, 2021. "A Study of the Business Model Development of Human Centric Lighting: Based on Eco-Science Methodology," Energies, MDPI, vol. 14(16), pages 1-16, August.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:16:p:4868-:d:611299
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    References listed on IDEAS

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    1. Ivan Paucek & Elisa Appolloni & Giuseppina Pennisi & Stefania Quaini & Giorgio Gianquinto & Francesco Orsini, 2020. "LED Lighting Systems for Horticulture: Business Growth and Global Distribution," Sustainability, MDPI, vol. 12(18), pages 1-19, September.
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