Public transport innovation platform boosting Intelligent Transport System value chains

Abstract

This paper discusses use of open innovation platforms in the public transport context to create more value with shared assets and collaboration. Open innovation platforms allow businesses to develop new, better and more personalized services to citizens. The main result, the Value Ramp, is a new description of value creation of different enabling features of an innovation platform. The result is demonstrated as an added value description of the Living Lab Bus project, but the Value Ramp can be further utilized in other contexts also. With this description, it is easier to demonstrate the versatile opportunities in enabling value creation.