| Abstract (ENG): |
Digital technologies enable vast opportunities for
innovation. These innovations, driven by the flexible
and modular architecture of digital technologies, blur
traditional boundaries and foster the convergence of
previously separate technologies and industries. Convergence facilitates new business opportunities and
value creation. However, despite the potential of these
developments, the extant literature has not fully explored their impact on business value. Our study addresses this gap by analyzing over 3.7 million patent
families from 2000 to 2018, using natural language
processing and regression analysis. We show that
technological convergence is positively linked to patent value and this relationship is enhanced by the
integration of digital technologies. Our study provides
valuable insights into how technological convergence
and the integration of digital technologies are associated with business value, offering new avenues for future research. |
| Citation: |
Müller, Lukas and Drechsler, Katharina and Wagner, Heinz-Theo and Beimborn, Daniel
(2025)
The Role of Technological Convergence and Digitalization for Business Value.
In: (Proceedings of the) 58th Hawaii International Conference on System Sciences (HICSS), January, 7-10, 2025, Waikoloa, HI, USA, pp. 5808-5817.
ISBN 9780998133188
|
