{"id":"https://openalex.org/W4391422642","doi":"https://doi.org/10.1109/ieem58616.2023.10406396","title":"Concept for Effective Identification and Initiation of Startup Investments for the Digital Transformation of Manufacturing Companies","display_name":"Concept for Effective Identification and Initiation of Startup Investments for the Digital Transformation of Manufacturing Companies","publication_year":2023,"publication_date":"2023-12-18","ids":{"openalex":"https://openalex.org/W4391422642","doi":"https://doi.org/10.1109/ieem58616.2023.10406396"},"language":"en","primary_location":{"id":"doi:10.1109/ieem58616.2023.10406396","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/ieem58616.2023.10406396","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5071183955","display_name":"G\u00fcnther Schuh","orcid":"https://orcid.org/0000-0002-6076-0701"},"institutions":[{"id":"https://openalex.org/I4210096398","display_name":"Fraunhofer Institute for Production Technology IPT","ror":"https://ror.org/00t0rcy29","country_code":"DE","type":"facility","lineage":["https://openalex.org/I4210096398","https://openalex.org/I4923324"]},{"id":"https://openalex.org/I887968799","display_name":"RWTH Aachen University","ror":"https://ror.org/04xfq0f34","country_code":"DE","type":"education","lineage":["https://openalex.org/I887968799"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"G. Schuh","raw_affiliation_strings":["RWTH Aachen University,Laboratory for Machine Tools and Production Engineering (WZL),Aachen,Germany","Department of Technology Management, Fraunhofer Institute for Production Technology IPT, Aachen, Germany","Laboratory for Machine Tools and Production Engineering (WZL), RWTH Aachen University, Aachen, Germany"],"affiliations":[{"raw_affiliation_string":"RWTH Aachen University,Laboratory for Machine Tools and Production Engineering (WZL),Aachen,Germany","institution_ids":["https://openalex.org/I887968799"]},{"raw_affiliation_string":"Department of Technology Management, Fraunhofer Institute for Production Technology IPT, Aachen, Germany","institution_ids":["https://openalex.org/I4210096398"]},{"raw_affiliation_string":"Laboratory for Machine Tools and Production Engineering (WZL), RWTH Aachen University, Aachen, Germany","institution_ids":["https://openalex.org/I887968799"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5020133940","display_name":"Ludwig Schenk","orcid":null},"institutions":[{"id":"https://openalex.org/I4210096398","display_name":"Fraunhofer Institute for Production Technology IPT","ror":"https://ror.org/00t0rcy29","country_code":"DE","type":"facility","lineage":["https://openalex.org/I4210096398","https://openalex.org/I4923324"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"L. P. Schenk","raw_affiliation_strings":["Fraunhofer Institute for Production Technology IPT,Department of Technology Management,Aachen,Germany","Department of Technology Management, Fraunhofer Institute for Production Technology IPT, Aachen, Germany"],"affiliations":[{"raw_affiliation_string":"Fraunhofer Institute for Production Technology IPT,Department of Technology Management,Aachen,Germany","institution_ids":["https://openalex.org/I4210096398"]},{"raw_affiliation_string":"Department of Technology Management, Fraunhofer Institute for Production Technology IPT, Aachen, Germany","institution_ids":["https://openalex.org/I4210096398"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5071183955"],"corresponding_institution_ids":["https://openalex.org/I4210096398","https://openalex.org/I887968799"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.16347895,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"28","issue":null,"first_page":"0848","last_page":"0854"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12722","display_name":"Innovation Policy and R&D","score":0.9854000210762024,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12722","display_name":"Innovation Policy and R&D","score":0.9854000210762024,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10763","display_name":"Digital Transformation in Industry","score":0.9797999858856201,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10058","display_name":"Entrepreneurship Studies and Influences","score":0.9700999855995178,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/digital-transformation","display_name":"Digital transformation","score":0.7646781802177429},{"id":"https://openalex.org/keywords/pace","display_name":"Pace","score":0.7164234519004822},{"id":"https://openalex.org/keywords/identification","display_name":"Identification (biology)","score":0.6829496622085571},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.6136422157287598},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5735276937484741},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.5443207621574402},{"id":"https://openalex.org/keywords/business-model","display_name":"Business model","score":0.5335909128189087},{"id":"https://openalex.org/keywords/transformation","display_name":"Transformation (genetics)","score":0.5116994380950928},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.486213356256485},{"id":"https://openalex.org/keywords/process-management","display_name":"Process management","score":0.37601789832115173},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.2661149203777313},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.2332397699356079}],"concepts":[{"id":"https://openalex.org/C126082660","wikidata":"https://www.wikidata.org/wiki/Q4252370","display_name":"Digital transformation","level":2,"score":0.7646781802177429},{"id":"https://openalex.org/C2777526511","wikidata":"https://www.wikidata.org/wiki/Q691543","display_name":"Pace","level":2,"score":0.7164234519004822},{"id":"https://openalex.org/C116834253","wikidata":"https://www.wikidata.org/wiki/Q2039217","display_name":"Identification (biology)","level":2,"score":0.6829496622085571},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6136422157287598},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5735276937484741},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5443207621574402},{"id":"https://openalex.org/C4216890","wikidata":"https://www.wikidata.org/wiki/Q815823","display_name":"Business model","level":2,"score":0.5335909128189087},{"id":"https://openalex.org/C204241405","wikidata":"https://www.wikidata.org/wiki/Q461499","display_name":"Transformation (genetics)","level":3,"score":0.5116994380950928},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.486213356256485},{"id":"https://openalex.org/C195094911","wikidata":"https://www.wikidata.org/wiki/Q14167904","display_name":"Process management","level":1,"score":0.37601789832115173},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.2661149203777313},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.2332397699356079},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C59822182","wikidata":"https://www.wikidata.org/wiki/Q441","display_name":"Botany","level":1,"score":0.0},{"id":"https://openalex.org/C13280743","wikidata":"https://www.wikidata.org/wiki/Q131089","display_name":"Geodesy","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/ieem58616.2023.10406396","is_oa":false,"landing_page_url":"http://dx.doi.org/10.1109/ieem58616.2023.10406396","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2023 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)","raw_type":"proceedings-article"},{"id":"pmh:oai:publica.fraunhofer.de:publica/462203","is_oa":false,"landing_page_url":"https://publica.fraunhofer.de/handle/publica/462203","pdf_url":null,"source":{"id":"https://openalex.org/S4306400318","display_name":"Fraunhofer-Publica (Fraunhofer-Gesellschaft)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4923324","host_organization_name":"Fraunhofer-Gesellschaft","host_organization_lineage":["https://openalex.org/I4923324"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"conference paper"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9","score":0.4399999976158142}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":27,"referenced_works":["https://openalex.org/W1581671442","https://openalex.org/W1998325269","https://openalex.org/W2081928778","https://openalex.org/W2091372860","https://openalex.org/W2117803571","https://openalex.org/W2131263218","https://openalex.org/W2143872944","https://openalex.org/W2342080379","https://openalex.org/W2484054046","https://openalex.org/W2496910557","https://openalex.org/W2810350453","https://openalex.org/W2890782731","https://openalex.org/W2912800036","https://openalex.org/W2933454268","https://openalex.org/W2969563086","https://openalex.org/W2978346165","https://openalex.org/W2988406773","https://openalex.org/W3016295408","https://openalex.org/W3017377412","https://openalex.org/W3018302807","https://openalex.org/W3042418818","https://openalex.org/W3170459299","https://openalex.org/W4285114589","https://openalex.org/W4291620272","https://openalex.org/W4301047713","https://openalex.org/W6631642163","https://openalex.org/W6745988537"],"related_works":["https://openalex.org/W2386723501","https://openalex.org/W2387879414","https://openalex.org/W3113483414","https://openalex.org/W3128162709","https://openalex.org/W3022432941","https://openalex.org/W3171354287","https://openalex.org/W2963386111","https://openalex.org/W3005223564","https://openalex.org/W4362720979","https://openalex.org/W4317434345"],"abstract_inverted_index":{"The":[0],"digital":[1,72,132,161],"transformation":[2,133,162],"is":[3],"fundamentally":[4],"disrupting":[5],"established":[6],"business":[7,36],"models":[8],"and":[9,20,30,40,106,124,144,164,175],"existing":[10,138],"value":[11,101],"chains":[12],"at":[13],"an":[14,85,104,167],"accelerating":[15],"pace.":[16],"Faced":[17],"with":[18,37],"multidimensional":[19],"inevitable":[21],"changes,":[22],"many":[23],"incumbent":[24,55],"companies":[25,57],"lack":[26],"necessary":[27],"competences,":[28],"processes,":[29],"structures":[31],"to":[32,90,146],"actively":[33],"transform":[34],"their":[35,71],"sufficient":[38],"speed":[39],"extent.":[41],"While":[42],"successful":[43,60],"tech-companies":[44],"therefore":[45],"consequently":[46],"rely":[47],"on":[48,170],"startup":[49,111],"acquisitions,":[50],"investments":[51],"or":[52],"cooperations,":[53],"most":[54],"manufacturing":[56,135],"are":[58,142,178],"not":[59],"in":[61,80,140],"systematically":[62],"leveraging":[63],"external":[64,126],"corporate":[65,127],"venturing":[66,128],"as":[67],"a":[68,119,152],"catalyst":[69],"for":[70,121,130,150,160],"transformation.":[73],"Several":[74],"reasons":[75],"may":[76],"already":[77],"be":[78],"found":[79],"the":[81,91,96,99,107,131,148,173],"early":[82],"phases":[83],"of":[84,93,98,103,110,134],"investment.":[86,168],"This":[87],"applies":[88],"especially":[89],"identification":[92],"suitable":[94,158],"startups,":[95],"determination":[97],"potential":[100],"contribution":[102],"investment,":[105],"effective":[108],"initiation":[109],"investments.":[112],"Against":[113],"this":[114,116],"background,":[115],"paper":[117],"presents":[118],"concept":[120],"effectively":[122,156],"identifying":[123,157],"initiating":[125,166],"initiatives":[129],"companies.":[136],"Thus,":[137],"approaches":[139],"literature":[141],"discussed":[143],"analyzed":[145],"derive":[147],"requirements":[149],"developing":[151],"concept,":[153],"which":[154],"enables":[155],"startups":[159],"objectives":[163],"subsequently":[165],"Based":[169],"these":[171],"findings,":[172],"methodology":[174],"its":[176],"sub-models":[177],"derived.":[179]},"counts_by_year":[],"updated_date":"2025-12-25T23:11:45.687758","created_date":"2025-10-10T00:00:00"}