1. Matthias Finger, Professor of Management of Changing business models in Utilities 1 Matthias Finger Joint Rio School of Regulation / Florence School of Regulation Conference “Challenges to Energy and Transport Regulation” May 24 th, 2016, Fundação Getulio Vargas in Rio de Janeiro

2. Matthias Finger, Professor of Management of Institutions Technology centralized distributed government governance Institutional actors Market actors Technological actors Network industry dynamics (theory) Business model innovation

3. Matthias Finger, Professor of Management of Physical value chain Electronic duplication of the physical value chain (digital “value chain”) Client Generic consequences of the ICTs (industry) Value generation moves to the digital layer Competition on the physical layer is intensified New digital business models emerge The client receives more info and more power

4. Matthias Finger, Professor of Management of Electronic duplication (data layer) Example: transport  mobility Client Mobility platformClient Urban commuter package for 95 €/month: Free public transport in home city area Up to 100 km free taxi Up to 500 km rental car Domestic public transport 1500 km Source: MaaS.fi Intermodal competition Value generation New business models

5. Matthias Finger, Professor of Management of Regulatory challenges 5

6. Matthias Finger, Professor of Management of Electri city Gas Waste Water Electronic duplication Client Example: energy  “energy services”? Client Decentralized production Circular economy Urban as relevant entitity Smart city New (digital) business models will emerge