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DX and Innovation in Small and Medium-Sized Enterprises (SMEs) with Prototype and Small-Lot Production

In: Adopting and Adapting Innovation in Japan's Digital Transformation

Author

Listed:
  • Nobutaka Odake

    (Humanware Network Initiative)

  • Anshuman Khare

    (Athabasca University)

Abstract

Technological trends such as IoT, AI (artificial intelligence), etc. are having a significant impact on processes, products, services. In addition, business models, and the speed and impact of the resulting changes are noteworthy. Most of these technologies are not innovative per se, but develop innovative strengths through significant efficiency gains, significantly better networking possibilities, and widespread use. While economies of scope are realized in the world of customized or small-lot production, servitization serves as a platform to expand the scope of business. Digitalization efforts in the manufacturing industry will also bring significant changes to the supply chain. The following case studies are discussed: a startup that provides online quotation and ordering services for design data in the cloud, a consortium of robotics and system integrators that is working to make the manufacturing industry smarter, and an AI-based company that is fully automating machining programming and completing a smart factory. The chapter analyzes these cases from the viewpoint of business ecosystems.

Suggested Citation

  • Nobutaka Odake & Anshuman Khare, 2023. "DX and Innovation in Small and Medium-Sized Enterprises (SMEs) with Prototype and Small-Lot Production," Economics, Law, and Institutions in Asia Pacific, in: Anshuman Khare & William W. Baber (ed.), Adopting and Adapting Innovation in Japan's Digital Transformation, chapter 0, pages 79-92, Springer.
    • Handle: RePEc:spr:eclchp:978-981-99-0321-4_5
    DOI: 10.1007/978-981-99-0321-4_5
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