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Who runs the show in digitalized manufacturing? Data, digital platforms and the restructuring of global value chains
[journal article]
Abstract This article explores the position of industrial Internet platforms (IIPs) in manufacturing value chains. We develop an understanding of the role of data in global value chains (GVCs), referring to literature on intangible assets and theories on platform business models. We use data from a qualitati... view more
This article explores the position of industrial Internet platforms (IIPs) in manufacturing value chains. We develop an understanding of the role of data in global value chains (GVCs), referring to literature on intangible assets and theories on platform business models. We use data from a qualitative empirical study based on 33 interviews on platforms active on the German market to answer (1) whether there are tendencies of oligopolization that lead to an accumulation of power on the side of the platforms, and (2) whether it is the platforms that capture most of the gains derived from higher productivity or lower transaction costs. The analysis shows that platforms mainly act as service providers and/or intermediaries that support manufacturing companies in reaping benefits from data. While the relationship between platforms and manufacturers currently corresponds to a symbiosis, a stronger power imbalance could evolve in the future since processes of oligopolization are likely.... view less
Keywords
digitalization; value chain; finishing industry; industry; data; data processing; oligopoly
Classification
Economic Sectors
Free Keywords
Internet of things; global value chains; platform
Document language
English
Publication Year
2022
Page/Pages
p. 595-614
Journal
Global Networks, 22 (2022) 4
ISSN
1471-0374
Status
Published Version; peer reviewed