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  • © 2017

Dynamics of Long-Life Assets

From Technology Adaptation to Upgrading the Business Model

  • Presents an integrated set of methods and tools to analyze and manage upgrades in capital-intensive assets and systems

  • Features practical applications and experiences based on six cases from diverse industries

  • Covers new information technologies (IT), aspects of business model innovation, and social and environmental considerations in an integrative framework

  • Includes supplementary material:

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Table of contents (17 chapters)

  1. Front Matter

    Pages i-xxvi
  2. Introduction and Setting the Scene

    1. Front Matter

      Pages 1-1
    2. Dynamics of Long-Life Assets: The Editors’ Intro

      • Göran Granholm, Stefan N. Grösser, Arcadio Reyes-Lecuona
      Pages 3-8Open Access
    3. The Challenge

      • Arcadio Reyes-Lecuona
      Pages 9-19Open Access
    4. The Use-it-Wisely (UIW) Approach

      • Göran Granholm, Stefan N. Grösser
      Pages 21-42Open Access
  3. Tools and Methods

    1. Front Matter

      Pages 43-43
    2. Innovation Management with an Emphasis on Co-creation

      • Dominic Hurni, Stefan N. Grösser
      Pages 45-68Open Access
    3. Complexity Management and System Dynamics Thinking

      • Stefan N. Grösser
      Pages 69-92Open Access
    4. Managing the Life Cycle to Reduce Environmental Impacts

      • Tiina Pajula, Katri Behm, Saija Vatanen, Elina Saarivuori
      Pages 93-113Open Access
    5. Virtual Reality and 3D Imaging to Support Collaborative Decision Making for Adaptation of Long-Life Assets

      • Jonatan Berglund, Liang Gong, Hanna Sundström, Björn Johansson
      Pages 115-132Open Access
    6. Fostering a Community of Practice for Industrial Processes

      • Alyson Langley, Harshada Patel, Robert J. Houghton
      Pages 151-168Open Access
    7. Extending the System Model

      • Mauro Pasquinelli, Luis Molina-Tanco, Arcadio Reyes-Lecuona, Michele Cencetti
      Pages 169-189Open Access
  4. From Theory to Practice

    1. Front Matter

      Pages 191-191
    2. Collaborative Management of Inspection Results in Power Plant Turbines

      • Daniel Gonzalez-Toledo, Maria Cuevas-Rodriguez, Susana Flores-Holgado
      Pages 193-208Open Access
    3. Rock Crusher Upgrade Business from a PLM Perspective

      • Simo-Pekka Leino, Susanna Aromaa, Kaj Helin
      Pages 209-232Open Access
    4. Space Systems Development

      • Mauro Pasquinelli, Valter Basso, Stefano T. Chiadò, Carlo Vizzi, Michele Cencetti
      Pages 233-254Open Access
    5. Adaptation of High-Variant Automotive Production System Using a Collaborative Approach

      • Jonatan Berglund, Liang Gong, Hanna Sundström, Björn Johansson
      Pages 255-275Open Access
    6. Supporting the Small-to-Medium Vessel Industry

      • Nikos Frangakis, Stefan N. Grösser, Stefan Katz, Vassilis Stratis, Eric C. B. Cauchi, Vangelis Papakonstantinou
      Pages 277-301Open Access
    7. Sustainable Furniture that Grows with End-Users

      • Tim Bosch, Karin Verploegen, Stefan N. Grösser, Gu van Rhijn
      Pages 303-326Open Access

About this book

This book is published under a CC BY-NC 4.0 license. The editors present essential methods and tools to support a holistic approach to the challenge of system upgrades and innovation in the context of high-value products and services. The approach presented here is based on three main pillars: an adaptation mechanism based on a broad understanding of system dependencies; efficient use of system knowledge through involvement of actors throughout the process; and technological solutions to enable efficient actor communication and information handling.

The book provides readers with a better understanding of the factors that influence decisions, and put forward solutions to facilitate the rapid adaptation to changes in the business environment and customer needs through intelligent upgrade interventions. Further, it examines a number of sample cases from various contexts including car manufacturing, utilities, shipping and the furniture industry. The book offers a valuable resource for both academics and practitioners interested in the upgrading of capital-intensive products and services.

The work performed in the project “Use-It-Wisely (UiW)” significantly contributes towards a collaborative way of working. Moreover, it offers comprehensive system modelling to identify business opportunities and develop technical solutions within industrial value networks. The developed UiW-framework fills a void and offers a great opportunity. The naval construction sector of small passenger vessels, for instance, is one industry that can benefit.

Nikitas Nikitakos, Professor at University of the Aegean, Department of Shipping, Trade, and Transport, Greece.

“Long-life assets are crucial for both the future competiveness and sustainability of society. Make wrong choices now and you are locked into a wrong system for a long time. Make the right choices now and society can prosper. This book gives important information about how manufacturers can make right choices.”

Arnold Tukker, Scientific director, Institute of Environmental Sciences (CML), Leiden University, and senior scientist, TNO.


  • Emerging Technologies
  • 3D Technology
  • Internet of Things
  • Cloud Solutions
  • Fog Solutions
  • Complexity Modeling
  • Big Data
  • Community of Practice
  • Virtual Reality
  • Human-Centric Design
  • Production Systems
  • Business Model Innovation

Editors and Affiliations

  • School of Management, Bern University of Applied Sciences, Bern, Switzerland

    Stefan N. Grösser

  • E.T.S.I. de Telecomunicación, Universidad de Málaga, Málaga, Spain

    Arcadio Reyes-Lecuona

  • VTT Technical Research Centre of Finland Ltd., Espoo, Finland

    Göran Granholm

About the editors

Stefan N. Grösser is a professor of Strategic Management and Organization, Dean of Studies for Industrial Engineering and Management Science, Co-Leader of a research group, and Deputy-Head of the Institute for Corporate Development at the Bern University of Applied Sciences, Switzerland. In addition, he is a senior researcher in strategic management and system dynamics at the University of St Gallen, Switzerland, a guest professor for research methods at Heilbronn University, and he was a visiting scholar at the System Dynamics Group at MIT Sloan. He received degrees from the University of Stuttgart, Germany, in business administration and economics, and from the University of Bergen, Norway, in system dynamics. He received his PhD in Management from the University of St. Gallen. Stefan’s research interests include strategic management, business models, mental models and simulation methodology. 

Arcadio Reyes Lecuona is a Professor of the Department of Electronic Technology, and head of DIANA research group, both at the University of Malaga, Spain. In addition, he is member of the steering committee of the Spanish Association for Human-Computer Interaction (AIPO) and the representative of the University of Malaga in the European Association for Virtual Reality and Augmented Reality (EuroVR). He received his PhD in Telecommunication Engineering at the University of Malaga in 2001. Since then, he has been working on Virtual Reality, 3D interaction and Model Based Systems Engineering. He has participated in several EU and national projects, working in 3D interaction in Virtual Reality using visual, auditory, and haptic modalities.

Göran Granholm is a Senior Scientist at the Systems Engineering business area, VTT Technical Research Centre of Finland. He received his MSc degree from Helsinki University of Technology in 1990. With a background in civil engineering and hydraulics he has since been involved in research projects across industries including the maritime and defense sectors. He has over 20 years of experience as researcher and project manager in both national and multinational projects, focusing on new technologies and simulation-based approaches to training and user involvement in concept evaluation and early design. Most recently he has been involved in projects focusing on the implementation of Systems Engineering approaches, requirements engineering, and product data management in networked organizations.

Bibliographic Information

  • Book Title: Dynamics of Long-Life Assets

  • Book Subtitle: From Technology Adaptation to Upgrading the Business Model

  • Editors: Stefan N. Grösser, Arcadio Reyes-Lecuona, Göran Granholm

  • DOI:

  • Publisher: Springer Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and the Author(s) 2017

  • License: CC BY-NC

  • Hardcover ISBN: 978-3-319-45437-5Published: 22 May 2017

  • Softcover ISBN: 978-3-319-83294-4Published: 08 May 2018

  • eBook ISBN: 978-3-319-45438-2Published: 10 May 2017

  • Edition Number: 1

  • Number of Pages: XXVI, 356

  • Number of Illustrations: 36 b/w illustrations, 81 illustrations in colour

  • Topics: Innovation/Technology Management, Knowledge Management, Business Information Systems, Organization, Production

Buy it now

Buying options

Softcover Book USD 59.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 59.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access