Research Area:  Internet of Things

Abstract:

Sustainable business models, and product service systems (PSS) specifically, have been positioned as a way to achieve greater levels of sustainability. The Internet of Things (IoT) has been described as a trend that is shaping future innovations. Here, we focus on how IoT capabilities could be leveraged in PSS to encourage sustainable consumption during the use phase. We investigate the following question: How can IoT capabilities be used to design appropriate PSS solutions that encourage sustainable consumption? We develop and apply a framework to existing business cases to support sustainable business model design. We identify strategies that could improve sustainability performance in the use phase. Future research could explore the actual implementation of such strategies, including the value proposition offered to consumers.

Keywords:  

Author(s) Name:  Nancy Bocken, Emilia Ingemarsdotter & Diana Gonzalez

Publisher name:  Springer

DOI:  10.1007/978-3-319-93275-0_3

Volume Information:  

Paper Link:   https://link.springer.com/chapter/10.1007/978-3-319-93275-0_3