TY - JOUR T1 - Value Creation in the Internet of Things: Mapping Business Models and Ecosystem Roles JF - Technology Innovation Management Review Y1 - 2018 A1 - Heini Ikävalko A1 - Petra Turkama A1 - Anssi Smedlund KW - business model KW - ecosystem KW - Internet of Things KW - role KW - value co-creation AB - The increasing connectivity provided by the Internet of Things (IoT) supports novel business opportunities for actors in overlapping service systems. Therefore, the co-creative nature of IoT business needs to be further studied. This article reports an empirical study on a European IoT initiative. It contributes to the understudied area of IoT ecosystem dynamics by describing different actor roles and activities in the IoT use cases, and their implications for value creation in IoT ecosystems. Our findings show how IoT ecosystem actors may take the roles of ideator, designer, or intermediary in different IoT design layers, and we recommend this perspective to better understand and describe ecosystem business models. We also discuss the theoretical and managerial implications of our findings. PB - Talent First Network CY - Ottawa VL - 8 UR - http://timreview.ca/article/1142 IS - 3 U1 - Aalto University Heini Ikävalko holds a Doctor of Science degree in Technology from the Helsinki University of Technology’s Department of Industrial Engineering and Management in Finland. She has worked as postdoctoral researcher at the Helsinki University of Technology and the Aalto University School of Science. Her current research at Aalto University’s School of Business Center for Knowledge and Innovation Research focuses on business models, innovation management, and strategy in the digital transformation. U2 - Aalto University Petra Turkama is the Director of the Center for Knowledge and Innovation Research (CKIR) at Aalto University in Finland. She worked for Nokia in Finland and Germany for 10 years before moving to academia and receiving her PhD in Science from Lappeenranta University of Technology in Finland. She is an active contributor to research and conferences in the area of service and technology management and innovation and entrepreneurship. She serves as an adjunct faculty to several universities in the United Arab Emirates. U3 - Aalto University Anssi Smedlund is a Postdoctoral Researcher at the Center for Knowledge and Innovation Research (CKIR) at Aalto University in Finland. He received his PhD in Industrial Engineering and Management from the Aalto School of Science. He has acted as a principal investigator in numerous service science and innovation management research projects and has held visiting positions at Tokyo Institute of Technology and UC Berkeley Haas School of Business. Dr. Smedlund has published various peer-reviewed publications in the journals, conferences, and books in the fields of knowledge management, service science, and information system science. ER - TY - JOUR T1 - Living Labs for Cross-Border Systemic Innovation JF - Technology Innovation Management Review Y1 - 2012 A1 - Hans Schaffers A1 - Petra Turkama KW - collaboration KW - innovation KW - living labs KW - networks KW - systemic AB - Innovation is increasingly taking place in cross-border collaborative networks, which are shaped by the characteristics of systemic innovation, the strategies and objectives of main actors, and the dynamics of the innovation process. Participation in such networks is of high importance for small firms, but requires long-term investments and a diverse range of collaboration and innovation capabilities. This article explores how living labs, understood as innovation projects based on open and user-centric innovation methodologies, can form collaboration networks to support small firms and other actors to engage in cross-border collaboration and to accelerate the development and acceptance of innovations. Based on the lessons learned from a major living lab project, APOLLON, we conclude that adopting the living labs networking approach requires thorough understanding of each party’s objectives and drivers, the alignment of operational processes, establishment of open and collaborative culture, as well as competences, methods, and tools for supporting cooperation and community building. PB - Talent First Network CY - Ottawa VL - 2 UR - http://timreview.ca/article/605 IS - 9 U1 - Aalto University School of Business Hans Schaffers, PhD, is Visiting Professor at the Centre for Knowledge and Innovation Research at Aalto University School of Business in Helsinki, Finland. He is also an innovation consultant in the Netherlands. His main research interests include open innovation, collaborative networks, living labs, and urban development. He has initiated and led various projects in the area of living labs innovation, collaborative working, and smart cities. He has been the living labs coordinator of the Collaboration@Rural integrated project and methodology leader of the APOLLON project discussed in this paper. U2 - Aalto University School of Business Petra Turkama, PhD, is Director of the Centre for Knowledge and Innovation Research at Aalto University School of Business in Helsinki, Finland. Her main research interests are collaborative innovation networks and innovation systems. She has worked on several living labs projects in the past, including APOLLON, and currently contributes to related EU projects such as SILVER on pre-commercial procurement, and CONCORD, a project coordinating the Future Internet PPP programme. ER -