Advances in designing product-service systems

Gokula Vijayumar Annamalai Vasantha, Rajkumar Roy, Jonathan Roy Corney

Research output: Contribution to journalArticle

15 Citations (Scopus)
395 Downloads (Pure)

Abstract

Product-Service Systems (PSS) have emerged as a class of hybrid business models that have evolved particular relevance to enterprises operating in a resource-efficient, circular economy (environments that places an emphasis on sustainable, collaborative, system-centric perspectives). More than a decade of PSS research has produced some significant contributions, especially in the area of business models, and performance measures associated with delivering successful PSS solutions. This paper reviews recent advances in the existing literature and assesses the essential components required for designing a sustainable PSS. The vital components identified by this analysis of the literature are: PSS ontology, requirements definition, design process support for generating PSS concepts, and the evaluation of PSS concepts. The review highlights the state-of-the-art PSS research in these four areas, and discusses research gaps and directions for future research.
Original languageEnglish
Pages (from-to)429-448
Number of pages20
JournalJournal of the Indian Institute of Science
Volume95
Issue number4
Publication statusPublished - 1 Dec 2015

Fingerprint

Industry
Ontology

Keywords

  • product-service systems
  • circular economy
  • ontology
  • design process
  • evaluation

Cite this

Annamalai Vasantha, Gokula Vijayumar ; Roy, Rajkumar ; Corney, Jonathan Roy. / Advances in designing product-service systems. In: Journal of the Indian Institute of Science. 2015 ; Vol. 95, No. 4. pp. 429-448.
@article{288e5429f78a42849914eaaa4431af1d,
title = "Advances in designing product-service systems",
abstract = "Product-Service Systems (PSS) have emerged as a class of hybrid business models that have evolved particular relevance to enterprises operating in a resource-efficient, circular economy (environments that places an emphasis on sustainable, collaborative, system-centric perspectives). More than a decade of PSS research has produced some significant contributions, especially in the area of business models, and performance measures associated with delivering successful PSS solutions. This paper reviews recent advances in the existing literature and assesses the essential components required for designing a sustainable PSS. The vital components identified by this analysis of the literature are: PSS ontology, requirements definition, design process support for generating PSS concepts, and the evaluation of PSS concepts. The review highlights the state-of-the-art PSS research in these four areas, and discusses research gaps and directions for future research.",
keywords = "product-service systems, circular economy, ontology, design process , evaluation",
author = "{Annamalai Vasantha}, {Gokula Vijayumar} and Rajkumar Roy and Corney, {Jonathan Roy}",
year = "2015",
month = "12",
day = "1",
language = "English",
volume = "95",
pages = "429--448",
journal = "Journal of the Indian Institute of Science",
issn = "0970-4140",
publisher = "Springer",
number = "4",

}

Annamalai Vasantha, GV, Roy, R & Corney, JR 2015, 'Advances in designing product-service systems', Journal of the Indian Institute of Science, vol. 95, no. 4, pp. 429-448.

Advances in designing product-service systems. / Annamalai Vasantha, Gokula Vijayumar; Roy, Rajkumar ; Corney, Jonathan Roy.

In: Journal of the Indian Institute of Science, Vol. 95, No. 4, 01.12.2015, p. 429-448.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Advances in designing product-service systems

AU - Annamalai Vasantha, Gokula Vijayumar

AU - Roy, Rajkumar

AU - Corney, Jonathan Roy

PY - 2015/12/1

Y1 - 2015/12/1

N2 - Product-Service Systems (PSS) have emerged as a class of hybrid business models that have evolved particular relevance to enterprises operating in a resource-efficient, circular economy (environments that places an emphasis on sustainable, collaborative, system-centric perspectives). More than a decade of PSS research has produced some significant contributions, especially in the area of business models, and performance measures associated with delivering successful PSS solutions. This paper reviews recent advances in the existing literature and assesses the essential components required for designing a sustainable PSS. The vital components identified by this analysis of the literature are: PSS ontology, requirements definition, design process support for generating PSS concepts, and the evaluation of PSS concepts. The review highlights the state-of-the-art PSS research in these four areas, and discusses research gaps and directions for future research.

AB - Product-Service Systems (PSS) have emerged as a class of hybrid business models that have evolved particular relevance to enterprises operating in a resource-efficient, circular economy (environments that places an emphasis on sustainable, collaborative, system-centric perspectives). More than a decade of PSS research has produced some significant contributions, especially in the area of business models, and performance measures associated with delivering successful PSS solutions. This paper reviews recent advances in the existing literature and assesses the essential components required for designing a sustainable PSS. The vital components identified by this analysis of the literature are: PSS ontology, requirements definition, design process support for generating PSS concepts, and the evaluation of PSS concepts. The review highlights the state-of-the-art PSS research in these four areas, and discusses research gaps and directions for future research.

KW - product-service systems

KW - circular economy

KW - ontology

KW - design process

KW - evaluation

UR - http://www.scopus.com/inward/record.url?scp=84954180177&partnerID=8YFLogxK

UR - http://journal.library.iisc.ernet.in/index.php/iisc

M3 - Article

AN - SCOPUS:84954180177

VL - 95

SP - 429

EP - 448

JO - Journal of the Indian Institute of Science

JF - Journal of the Indian Institute of Science

SN - 0970-4140

IS - 4

ER -