Evolutionary algorithms for a simheuristic optimization of the product-service system design

\n Considering the competitiveness of global markets within an ever-changing environment, a company\\'s Business Model should be able to innovate constantly to capture value within the company, while addressing better the customer needs. The PSS Business Model represents an innovation while providing value to the customer supported by a combination of products and services. However, the PSS Business Model also needs to innovate constantly. The Internet of Things (IoT) comprises networked objects able to interact with each other and to people, to reach common goals with a high level of efficiency, thus presenting potential to create a new value proposition to PSS Business Model Design. However, the existing literature represents an IoT solution into PSS Design, using either technical constructs or a high level free textual description. The goal of this study is to propose a \\"Method to support the representation of IoT solutions during the PSS Business Model Design\\". The method was developed based on the Design Research Methodology (DRM), comprising three research stages. During the first and second stages, a literature review was conducted to generate theoretical requirements for guiding the proposition of the method. During the third stage, the requirements were developed, and multiple case studies using secondary sources were used to propose the method in theory. During the final activity of the third stage, an exploratory application of the method for a Driverless PSS Car Sharing were applied and its results, as well as all the method\\'s artifacts, were object of an initial evaluation by a focus group. The results indicated that method has potential to provide a common language for the PSS Business Model designers, while providing detailed information, to be added to the dimensions of a PSS Business Model that comprises IoT solutions.\n

Alliance formation by intermediary ventures in the solar service industry: implications for product–service systems research

Analysing interplays between PSS business models and governmental policies towards a circular economy

Business models like product-service systems (PSSs) often recognise different sustainability goals and are seen as solutions for the impacts of consumption and fast fashion, but there is a lack of evidence supporting the environmental claims of such business models for clothing. The research aimed to understand if rental clothing business models such as PSSs have the environmental benefits often purported by quantifying the environmental impacts of rental formal dresses in a life-cycle assessment (LCA) in a case study in Stockholm, Sweden. The effects of varying consumer behaviour on the potential impact of a PSS vs. linear business model are explored through three functional units and 14 consumption scenarios. How users decide to engage with clothing PSSs dictates the environmental savings potential that a PSS can have, as shown in how many times consumers wear garments, how they use rental to substitute their purchasing or use needs, as well as how consumers travel to rental store locations.

The medical devices, biotechnology, and healthcare industries are closely tied to innovation, with companies relying on research and development and new product introduction. However, innovation activities like research and development can be costly, and commercializing new products faces complexities. Having effective business models (BMs) aligned with such innovation activities is crucial. This study delves into the intricacies of BMs in these innovator companies, emphasizing the pivotal role of effective BMs in navigating uncertainties and fostering innovation. This study conducted a systematic literature review to synthesize knowledge on BMs in innovator health-tech companies and compare models on dimensions like infrastructure, offering, customers, and finances. The review of 34 recent papers revealed 9 key BMs - open innovation, sustainable, dynamic, dual, spin-off, frugal, high-tech entrepreneurial content marketing, back-end, and product-service systems BMs. The analysis found open innovation, sustainability, and dynamicity as foundational models that can serve as a basis when combined with others. The paper unveils a tailored Dynamic Sustainable Business Model (DSBM) for Health-Tech, designed to integrate adaptability and sustainability, providing a framework for companies to leverage emerging technologies effectively. Additionally, a conceptual framework outlining 28 groups of uncertainty factors in BMs was developed to aid risk management in health-tech. The findings offer crucial insights for companies in health-tech industries, aiding them in managing innovation and value creation amidst a rapidly evolving landscape.

Sustainable development requires the creation and development of new business models. Sharing economy will maximize the use of a product by several people, while it enables the reduction of natural resource consumption. In this sense, Product-Service Systems (PSS) can greatly contribute to achieving the Sustainable Development Goals, published by the United Nations. In this context, the present study aims to analyse the barriers associated with the operationalization of PSS business models in Brazil. Nineteen barriers listed in the literature supported a questionnaire used in a survey of Brazilian researchers. Data analysis was performed through Hierarchical Cluster Analysis, descriptive statistics and TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution). TOPSIS is used for comparative ordering of barriers in terms of intensity. The results showed that there are many barriers observed in the Brazilian scenario for the operationalization of PSS; those related to the resistance to change to the mentioned business models and the lack of necessary skills to manage them stood out. These findings can be used to enhance the debates about PSS in the Brazilian context.

Designing a circular contract Template: Insights from the fairphone-as-a-Service project

Product service systems (PSS) can be understood as an innovation / business strategy that includes a set of products and services that are realized by an actor network. More recently, PSS that comprise System of Systems (SoS) have been of increasing interest, notably in the transportation (autonomous vehicle infrastructures, multi-modal transportation) and energy sector (smart grids). Architecting such PSS-SoS goes beyond classic SoS engineering, as they are often driven by new technology, without an a priori client and actor network, and thus, a much larger number of potential architectures. However, it seems that neither the existing PSS nor SoS literature provides solutions to how to architect such PSS. This paper presents a methodology for architecting PSS-SoS that are driven by technological innovation. The objective is to design PSS-SoS architectures together with their value proposition and business model from an initial technology impact assessment. For this purpose, we adapt approaches from the strategic management, business modeling, PSS and SoS architecting literature. We illustrate the methodology by applying it to the case of an automobile PSS.

A stream of servitisation research has focused on the construction of taxonomies and typologies of product–service system business models (BMs). However, their relevance in the context of increased utilisation of digital technologies may be questioned. Thus, the purpose of this paper is to empirically revisit the existing product–service system BM taxonomies to explore the following research question: How can the BMs of servitised manufacturing firms be categorised in the digital era? The question is addressed through an embedded case study of five servitised firms. We found that the firms’ BMs varied with regard to the degree of the suppliers’ ownership of delivered products, degree of smartness of the services provided and degree of performance orientation of contracts. Based on these findings, we derived a new product–service system BM taxonomy with eight categories, presented in a 2 × 2 × 2 matrix, that significantly extends earlier taxonomies.

PSS design through Design for Supply Chain: State of the art review

Overcoming the Product-Service Model Adoption Obstacles

Leveraging the Sustainability Potential of Mass Customization through Product Service Systems in the Consumer Electronics Industry

HMOs: Challenges & Opportunities: A Roundtable Presentation

Implications of Service-related Business Models on Product Development Processes

Global warming has constantly been regarded as a major threat to sustainable development. Thus, reducing energy consumption and carbon emissions entails committed action through sustainable management practices based on a life cycle perspective. A product service system (PSS) is a new business model that has been adopted by many companies and is currently widely used in developed countries. The PSS model can achieve not just economic benefits, but also many environmental benefits such as carbon reduction. Currently, almost every household owns various types of appliances such as washing machines. Along with lifestyle changes, self-service laundries have become a typical PSS. This study investigates carbon emissions from traditional laundry practices (i.e., washing machines) and PSS modes (i.e., self-service laundries) by life cycle assessment. We compare the life cycle carbon emissions of a community with 360 households, each owning a washing machine, with those of a commercial coinoperated laundromat with five self-service commercial washing machines. Two life span scenarios of washing by a household's washing machine (i.e., 7 years) and a commercial coin-operated laundromat (i.e., 21 years) were considered for comparison.