4.3 Review

Digital transformation of business model in manufacturing companies: challenges and research agenda

Journal

JOURNAL OF BUSINESS & INDUSTRIAL MARKETING
Volume 37, Issue 4, Pages 748-767

Publisher

EMERALD GROUP PUBLISHING LTD
DOI: 10.1108/JBIM-10-2020-0477

Keywords

Business model; Manufacturing; Digital technology; Digitalization; Digital transformation of business model

Categories

Funding

  1. SAo Paulo State Research Support Foundation (FAPESP - FundacAo de Amparo a Pesquisa do Estado de SAo Paulo)
  2. Higher Education Personnel Improvement Coordination (CAPES - CoordenacAo de Aperfeicoamento de Pessoal de Nivel Superior)

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This study systematically examines the challenges of digital transformation in manufacturing companies and proposes new research directions. It identifies various challenges and research opportunities, contributing to the advancement of the topic. The study also develops a conceptual framework to guide management decisions regarding an integrative understanding of digital transformation.
Purpose The challenges of digital transformation (DT) have gained attention from both academics and practitioners, as more manufacturing companies are seeking digital technology implementation. This study, therefore, aims to identify the challenges of DT in manufacturing companies and propose new research directions. Design/methodology/approach A systematic literature review considering 176 articles (published between 2003 and 2019) was used to build a conceptual framework of DT. Findings A systematized view of challenges regarding organizational commitment, value creation, value proposition, value delivery, value capture, information and technology infrastructure and data security were identified. Moreover, a conceptual framework was developed to summarize the challenges and how they are associated with the business model value architecture and with the DT phases. Research opportunities for future research were also identified, contributing to the advancement of the topic. Originality/value First, the study provides a categorization of the main challenges of DT in manufacturing companies. Second, it identifies research gaps and future research avenues; and finally, it proposes a conceptual framework that aims to support more rigorous studies and guide management decisions regarding an integrative understanding of DT.

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