The Impact of the 4th Industrial Revolution on SMEs’ High-Tech Industry

The goal of this paper is to investigate the transformation of business models in the fourth industrial revolution in the manufacturing industry considering the production chain relationships of small and medium enterprises (SMEs). We aim to investigate whether and how the challenges of I40 entail new business models to improve customer value creation. How do manufacturing SMEs perceive the I40 phenomenon? How do manufacturing SMEs innovate their business models because of I40? How do manufacturing SMEs behave with their suppliers because of I40? How do manufacturing SMEs behave with their customers because of I40?