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130.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research.
ISPIM Innovation Conference, 17-20 June 2018, Stockholm.
Business model
experimentations in
advancing B2B sharing
economy research
Maria Antikainen, Anna Aminoff
& Jouko Heikkilä
VTT Technical Research Center of
Finland
230.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research.
ISPIM Innovation Conference, 17-20 June 2018, Stockholm.
Circular Economy & Sharing economy
 Earth’s capacity is being exceeded, which is causing several
environmental problems (Seiffert & Loch, 2005, Ellen MacArthur Foundation, 2013;
Markard et al. 2012).
 Circular Economy principles: decreasing the use of natural resources,
keeping materials in use, using waste as a resource (Bocken et al. 2016;
Geissdoerfer et al 2017; Stahel,1994)
 Sharing economy, is based on accessing and reusing products to
utilize idle capacity (Acquier et al. 2017; Belk 2014; Kumar et al. 2017).
 The sharing economy has already disrupted some industries, for
example the taxi and hotel industry, by providing low-cost convenient
alternatives - without ownership (Bardhi et al 2002)
 Business-to-business context (B2B) seems to be lagging behind B2C
(Firnkorn & Müller, 2011)
330.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research.
ISPIM Innovation Conference, 17-20 June 2018, Stockholm.
RQ
 “How is it possible to implement a
business model experimentation
methodology in the development of
the B2B sharing business model?”
 Focus: to produce knowledge,
especially for research
organizations, on how the BME
method can be used to advance
research.
 CASE:
Sharing 3D printer
430.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research.
ISPIM Innovation Conference, 17-20 June 2018, Stockholm.
• Rapid
Experimentation
Cards
• Partnerships,
resources
• Practical
implementation
and research
• Iteration, agility
• Change of mind-
set
• Data from multiple
sources
• Learnings
• Guidelines for next
steps /
experimentations
Antikainen et al 2017
Another RE,
larger pilot,
ready to be
scaled or
pivot?
530.7.2018
PersonsScheduleRapid Experimentation
Results (after RE)
Conclusions (After RE)
Next Steps
Larger
pilot
Another RE Pivot
Data collection
Working hypothesis
The importance in the light of the BM success
Judgement criteria
Choose the most central thing and fill the card. Evaluate the
importance in order to create a succesfull business model
What are the data sources? How is the data collected?
What are the costs and exped data quality?
Fill in the criteria, can be qualitative / quantitative
What kind of data was gathered? How reliable and valid
is it, why? Is there some factors to influence the
quality?
Reflect on the judgement criteria. What are major
lessons learnt? What other valuable lessons are there
in addtition to the answers to hypothesis?
RapidExperimentationsCard(REC)
Data quality
Low Moderate High
Criticality of the hypothesis
Low Moderate High
Expected Data quality
Low Moderate High
Cost for data collection
Low Moderate High
Rolling
out
630.7.2018
Persons: VTT TeamSchedule: Spring
2018
Rapid Experimentation: Sharing 3D printer
Results (after RE)
Conclusions (After RE)
Next Steps
Larger
pilot
Another RE Pivot
Data collection
Working hypothesis
The importance in the light of the BM success
Judgement criteria
Companies are ready for sharing machines.
Data from case of sharing: Interviews & survey for the
users: do they consider the model attractive?
• Participants’ interest to test and use
• What kind of value is created? What kind of
barriers there are? What is the relationship
between the value and barriers?
What kind of data was gathered? How reliable and valid
is it, why? Is there some factors to influence the
quality?
Reflect on the judgement criteria. What are major
lessons learnt? What other valuable lessons are there
in addtition to the answers to hypothesis?
RapidExperimentationsCard(REC)
Data quality
Low Moderate High
Criticality of the hypothesis
Low Moderate High
Expected data quality
Low Moderate High
Cost for data collection
Low Moderate High
Rolling
out
x
x
x
730.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research.
ISPIM Innovation Conference, 17-20 June 2018, Stockholm.
Conclusions
 Business model experimentations
have been noticed as a valuable
method for innovating novel business
models (Chesbrough 2010; Ries
2011).
 Practical tools needed (incl.
qualitative aspects)
 In addition to companies, research
organizations can utilize BMEs as a
tool for exploring and testing novel
business models.
• Roles need to be defined and clear
Thank you!
maria.antikainen@vtt.fi
@MariaAntikainen
@AarreResearch
https://www.slidesh
are.net/mariant77
https://www.researchgate.net/profile/Maria_Antika
inen

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Business model experimentations in advancing B2B sharing economy research

  • 1. 130.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research. ISPIM Innovation Conference, 17-20 June 2018, Stockholm. Business model experimentations in advancing B2B sharing economy research Maria Antikainen, Anna Aminoff & Jouko Heikkilä VTT Technical Research Center of Finland
  • 2. 230.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research. ISPIM Innovation Conference, 17-20 June 2018, Stockholm. Circular Economy & Sharing economy  Earth’s capacity is being exceeded, which is causing several environmental problems (Seiffert & Loch, 2005, Ellen MacArthur Foundation, 2013; Markard et al. 2012).  Circular Economy principles: decreasing the use of natural resources, keeping materials in use, using waste as a resource (Bocken et al. 2016; Geissdoerfer et al 2017; Stahel,1994)  Sharing economy, is based on accessing and reusing products to utilize idle capacity (Acquier et al. 2017; Belk 2014; Kumar et al. 2017).  The sharing economy has already disrupted some industries, for example the taxi and hotel industry, by providing low-cost convenient alternatives - without ownership (Bardhi et al 2002)  Business-to-business context (B2B) seems to be lagging behind B2C (Firnkorn & Müller, 2011)
  • 3. 330.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research. ISPIM Innovation Conference, 17-20 June 2018, Stockholm. RQ  “How is it possible to implement a business model experimentation methodology in the development of the B2B sharing business model?”  Focus: to produce knowledge, especially for research organizations, on how the BME method can be used to advance research.  CASE: Sharing 3D printer
  • 4. 430.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research. ISPIM Innovation Conference, 17-20 June 2018, Stockholm. • Rapid Experimentation Cards • Partnerships, resources • Practical implementation and research • Iteration, agility • Change of mind- set • Data from multiple sources • Learnings • Guidelines for next steps / experimentations Antikainen et al 2017 Another RE, larger pilot, ready to be scaled or pivot?
  • 5. 530.7.2018 PersonsScheduleRapid Experimentation Results (after RE) Conclusions (After RE) Next Steps Larger pilot Another RE Pivot Data collection Working hypothesis The importance in the light of the BM success Judgement criteria Choose the most central thing and fill the card. Evaluate the importance in order to create a succesfull business model What are the data sources? How is the data collected? What are the costs and exped data quality? Fill in the criteria, can be qualitative / quantitative What kind of data was gathered? How reliable and valid is it, why? Is there some factors to influence the quality? Reflect on the judgement criteria. What are major lessons learnt? What other valuable lessons are there in addtition to the answers to hypothesis? RapidExperimentationsCard(REC) Data quality Low Moderate High Criticality of the hypothesis Low Moderate High Expected Data quality Low Moderate High Cost for data collection Low Moderate High Rolling out
  • 6. 630.7.2018 Persons: VTT TeamSchedule: Spring 2018 Rapid Experimentation: Sharing 3D printer Results (after RE) Conclusions (After RE) Next Steps Larger pilot Another RE Pivot Data collection Working hypothesis The importance in the light of the BM success Judgement criteria Companies are ready for sharing machines. Data from case of sharing: Interviews & survey for the users: do they consider the model attractive? • Participants’ interest to test and use • What kind of value is created? What kind of barriers there are? What is the relationship between the value and barriers? What kind of data was gathered? How reliable and valid is it, why? Is there some factors to influence the quality? Reflect on the judgement criteria. What are major lessons learnt? What other valuable lessons are there in addtition to the answers to hypothesis? RapidExperimentationsCard(REC) Data quality Low Moderate High Criticality of the hypothesis Low Moderate High Expected data quality Low Moderate High Cost for data collection Low Moderate High Rolling out x x x
  • 7. 730.7.2018Antikainen, M., Aminoff, A. and Heikkilä, J. (2018). Business model experimentations in advancing B2B sharing economy research. ISPIM Innovation Conference, 17-20 June 2018, Stockholm. Conclusions  Business model experimentations have been noticed as a valuable method for innovating novel business models (Chesbrough 2010; Ries 2011).  Practical tools needed (incl. qualitative aspects)  In addition to companies, research organizations can utilize BMEs as a tool for exploring and testing novel business models. • Roles need to be defined and clear Thank you! maria.antikainen@vtt.fi @MariaAntikainen @AarreResearch https://www.slidesh are.net/mariant77 https://www.researchgate.net/profile/Maria_Antika inen