Renewal and competitiveness of industries - new business models in networks project (2015–2018)
Renewal and competitiveness of industries - new business models in networks project developed new business models of enterprise networks and a data system for the measuring of Smart Specialisation by constructing smart specialisation indicators to describe and understand regional development and its potential in Satakunta region. The main goal of the project was to create a view concerning suitable business models and business control practices and benefits associated with them in a networked environment. The aim was to identify the factors enabling the enhancement of industrial enterprises´ innovativeness and growth.
We identified that in the project business environment the suitable business models contains such elements as the project management principles, open book accounting principles, agreement models and supporting network culture. The business control practices (these business control practices can belong to different functions such as product planning lead time, cost savings, quality improvement or delivery time) are associated with factors such as cost savings, production and planning time as well as tailored measures depending on the needs of particular partner organization. There was developed a measurement scale to assess the relational properties in selected interfirm relationship. Firms are able to evaluate and develop their relational factors with the measurement scale.
The comprehensive collection of smart specialisation indicators were constructed so that their focus is on those sectors that have been recognised to be strategically relevant for Satakunta region. Indicators reveal industrial structures of different branches of interest, including regional income and employment profiles. Constructed time series enable monitoring regional development paths of the selected key indicators. Also relative regional strengths, potentials and resilience capacities to external industrial shocks can be identified.
Renewal and competitiveness of industries - new business models in networks facts:
- Duration: January 2015 – September 2018
- Budget: 960 000 €,
- Funding: European Regional Development Fund (ERDF)
- Project type: Project type: Regional Development Project
- Industrial partners: Rauma Marine Constructions Oy and its network (subcontractor) companies
- Research organisations: University of Turku, Turku School of Economics, Pori unit; University of Tampere, Pori unit.
The project's home page: https://www.utu.fi/fi/teuvo-teollisuuden-uudistumis-ja-kilpailukyky-uudet-liiketoimintamallit-verkostoissa
Video about the projects (in Finnish): https://www.youtube.com/watch?v=Nk7tvCDBRAc&t=4s
Contact: salla.siivonen@utu.fi