Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open Innovation

The innovation of electric motorcycle swap-battery (EMSB) technology encourages the formation of a new ecosystem at the early stage of the supply chain. The EMSB technology has allowed an open innovation system with collaboration between supply-chain players, universities, and the government for fin...

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Main Authors: Era Febriana Aqidawati, Wahyudi Sutopo, Eko Pujiyanto, Muhammad Hisjam, Fakhrina Fahma, Azanizawati Ma’aram
Format: Article
Language:English
Published: Elsevier 2022-05-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Online Access:https://www.mdpi.com/2199-8531/8/2/88
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author Era Febriana Aqidawati
Wahyudi Sutopo
Eko Pujiyanto
Muhammad Hisjam
Fakhrina Fahma
Azanizawati Ma’aram
author_facet Era Febriana Aqidawati
Wahyudi Sutopo
Eko Pujiyanto
Muhammad Hisjam
Fakhrina Fahma
Azanizawati Ma’aram
author_sort Era Febriana Aqidawati
collection DOAJ
description The innovation of electric motorcycle swap-battery (EMSB) technology encourages the formation of a new ecosystem at the early stage of the supply chain. The EMSB technology has allowed an open innovation system with collaboration between supply-chain players, universities, and the government for finding a thriving solution to enable the faster adoption and diffusion of EMSB in Indonesia. Standardization is seen as a way to accelerate the downstream EMSB technology innovation to leverage the economic benefits and to support the growth of a green economy in Indonesia. This study aimed to propose a model with which to measure the technology readiness of the EMSB’s stakeholders in implementing the swappable battery (SB) standard. We developed the technometric framework and Economic Benefits of Standards—ISO Methodology 2.0. We generated 13 criteria of technoware, humanware, inforware, and orgaware and 21 indicators of the standard’s impacts to be utilized as a measurement model. We interviewed 11 respondents consisting of the standard regulator, research and development center, manufacturer, testing labs, and product-certification bodies. The results show the technology contribution coefficient (TCC) and earnings before interest and taxes (EBIT) value representing the SB standard’s feasibility. The proposed model can evaluate the weak points and propose strategies to leverage the SB standard’s technology readiness and economic benefits.
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spelling doaj.art-940ec28f1e5143ad88dc55cfd600ee6a2023-12-02T13:18:12ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312022-05-018888810.3390/joitmc8020088Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open InnovationEra Febriana Aqidawati0Wahyudi Sutopo1Eko Pujiyanto2Muhammad Hisjam3Fakhrina Fahma4Azanizawati Ma’aram5Master Program of Industrial Engineering Department, Faculty of Engineering, Universitas Sebelas Maret, Surakarta 57126, IndonesiaCentre of Excellence for Electrical Energy Storage Technology, Universitas Sebelas Maret, Surakarta 57126, IndonesiaMaster Program of Industrial Engineering Department, Faculty of Engineering, Universitas Sebelas Maret, Surakarta 57126, IndonesiaResearch Group Industrial Engineering and Techno-Economic, Department of Industrial Engineering, Faculty of Engineering, Universitas Sebelas Maret, Surakarta 57126, IndonesiaResearch Group Industrial Engineering and Techno-Economic, Department of Industrial Engineering, Faculty of Engineering, Universitas Sebelas Maret, Surakarta 57126, IndonesiaSchool of Mechanical Engineering, Faculty of Engineering, Universiti Teknologi Malaysia, Johor Baru 81310, MalaysiaThe innovation of electric motorcycle swap-battery (EMSB) technology encourages the formation of a new ecosystem at the early stage of the supply chain. The EMSB technology has allowed an open innovation system with collaboration between supply-chain players, universities, and the government for finding a thriving solution to enable the faster adoption and diffusion of EMSB in Indonesia. Standardization is seen as a way to accelerate the downstream EMSB technology innovation to leverage the economic benefits and to support the growth of a green economy in Indonesia. This study aimed to propose a model with which to measure the technology readiness of the EMSB’s stakeholders in implementing the swappable battery (SB) standard. We developed the technometric framework and Economic Benefits of Standards—ISO Methodology 2.0. We generated 13 criteria of technoware, humanware, inforware, and orgaware and 21 indicators of the standard’s impacts to be utilized as a measurement model. We interviewed 11 respondents consisting of the standard regulator, research and development center, manufacturer, testing labs, and product-certification bodies. The results show the technology contribution coefficient (TCC) and earnings before interest and taxes (EBIT) value representing the SB standard’s feasibility. The proposed model can evaluate the weak points and propose strategies to leverage the SB standard’s technology readiness and economic benefits.https://www.mdpi.com/2199-8531/8/2/88technology readinesseconomic benefitsswappable battery standardopen innovationelectric motorcycle swap-batterygreen economy
spellingShingle Era Febriana Aqidawati
Wahyudi Sutopo
Eko Pujiyanto
Muhammad Hisjam
Fakhrina Fahma
Azanizawati Ma’aram
Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open Innovation
Journal of Open Innovation: Technology, Market and Complexity
technology readiness
economic benefits
swappable battery standard
open innovation
electric motorcycle swap-battery
green economy
title Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open Innovation
title_full Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open Innovation
title_fullStr Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open Innovation
title_full_unstemmed Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open Innovation
title_short Technology Readiness and Economic Benefits of Swappable Battery Standard: Its Implication for Open Innovation
title_sort technology readiness and economic benefits of swappable battery standard its implication for open innovation
topic technology readiness
economic benefits
swappable battery standard
open innovation
electric motorcycle swap-battery
green economy
url https://www.mdpi.com/2199-8531/8/2/88
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