Abstract for: A dynamic model of nascent platform ecosystem in manufacturing
Currently, there is a grave uncertainty of success as formation of digital ecosystems in manufacturing even though they are envisioned in digitalisation policies, such as Industry 4.0 (Kagermann et al., 2013, Smit et al., 2016). The paper aims at investigating the dynamic way to compensate the barriers for Small and Medium-sized Enterprises (SMEs) to forming new manufacturing collaborations, such as market non-transparency, order access costs, network distrust, high contracting costs and high coordination cost (Kazantsev et al., 2018), by proposing the dynamic model of SMEs trying to collaborate on tendering for manufacturing orders.