- Posted by Eleonora Bongiovanni
- On March 28, 2022
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D5.1 - Design of the comprehensive DIT Business Model
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Abstract: The co-creation approach offers the potential to capture the individual requirements of many customers flexibly and cost-effectively and translate them into ideas and designs . In the furniture sector co-creation builds an ecosystem that involves the customers actively in design and production of the furniture. To implement the INEDIT DIT approach efficiently in industrial context, digital platforms and associated digital tools offer the potential to engage customers, identify their needs and involve them at an early stage of the product development process . In addition, a platform facilitates the use of sustainable and recycled resources as well as the long-term use of manufactured furniture. To achieve holistic improvements in sustainability, the behaviour of the individual stakeholders must be aligned to a holistic sustainable circular economy, driven by business model innovation . Therefore, this paper focuses on the design of business models for DIT co-creation and contributes to business model innovation in the circular economy.
The aim of this deliverable is to develop and apply a method for the innovation of a sustainable business model for the INEDIT co-creation process.