David Sjödin's research focuses on management and organization of innovation work related to new products, services, production processes and business models in industry. Many research projects have been conducted in collaboration with companies such as Volvo, ABB, Scania and Boliden.
– Innovation is about developing and implementing or commercializing something new. That is, new products, services, production processes and business models. Traditionally, innovation work has been a matter for corporate research and development departments. Now innovation is something that affects all parts of the company, explains David Sjödin.
David Sjödin believes that digitization is the biggest source of innovation right now, and that digitization affects the entire business model. It is also in this area he has his biggest research focus.
– It's about finding out how to create new solutions, what processes are needed to deliver them and what revenue models are needed. Specifically, new opportunities can be created by developing and implementing smart and connected products consisting of sensors that collect operating data. This data is then shared between devices worldwide and stored in the cloud. By analyzing their data, companies get increased knowledge of how their products are used and work in customer processes. By doing this, new services for the purpose of optimizing maintenance and operation can be created. Opportunities are huge, but the challenge of adapting into a new business model should not be underestimated. There are many pitfalls along the way, which our research can remedy.
Prize committee nomination:
David R. Sjödin studied at Luleå University of Technology in 2013 with the dissertation Managing Joint Development of Process Technologies: Empirical studies of interorganizational cooperation within the process industries. He is currently Associate Professor of Entrepreneurship and Innovation at Luleå University of Technology. Sjödins research profile is centered on management and organization of innovative activities related to new products, services, production processes and business models. In particular, focus is on collaborative innovation processes in the process industry. Recent research concerns service fairs and corporate change from product to service delivery. Sjödin is a very talented and productive researcher who has a clear profile focused on business model renewal, specifically an increased proportion of service content in the manufacturing industry. He continues to develop a subject area that has a strong tradition within the Swedish academy and Swedish business community.