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This study presents the design and development of an Industrial Internet of Things (IIoT) artefact designed to enable competition among SMEs. Bringing the Service-Dominant Logic (S-D logic) foundations to IIoT, a Design Science Research (DSR) approach was employed. This approach facilitated the integration of design theory with practical problem-solving, creating the Coopetition IIoT-based System. The primary goal of this solution is to augment the dynamics of coopetition networks, with a particular focus on SMEs. The practical evaluation of the Coopetition IIoT-based System is assessed through a prototype evaluation by experts representing twenty-four manufacturing stone SMEs, a crucial sector in the Portuguese economy. The feedback received was highly positive, indicating a positive evaluation rate of 78.9%. This favourable response highlights the Coopetition IIoT-based System\u2019s proficiency in fostering simultaneous competition and cooperation throughout the lifecycle of business opportunities in SME networks, thereby underscoring its potential as a facilitator of effective competition. Theoretically, this research enriches the application of S-D logic in coopetition networks and advances state-of-the-art IIoT systems. Practically, the Coopetition IIoT-based System demonstrates significant potential in boosting the competitiveness of SMEs in developed economies. Nonetheless, the ultimate efficacy of such IIoT systems will be best determined through real-world application and evaluation. Future research should concentrate on the real-case deployment and assessment of Coopetition IIoT-based Systems within coopetition networks.<\/jats:p>","DOI":"10.1007\/s00170-024-14528-1","type":"journal-article","created":{"date-parts":[[2024,10,1]],"date-time":"2024-10-01T09:01:58Z","timestamp":1727773318000},"page":"747-762","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":5,"title":["Designing the future of coopetition: An IIoT approach for empowering SME networks"],"prefix":"10.1007","volume":"135","author":[{"ORCID":"https:\/\/orcid.org\/0000-0003-3746-3466","authenticated-orcid":false,"given":"Agostinho","family":"da Silva","sequence":"first","affiliation":[]},{"given":"Antonio J.","family":"Marques Cardoso","sequence":"additional","affiliation":[]}],"member":"297","published-online":{"date-parts":[[2024,10,1]]},"reference":[{"issue":"4","key":"14528_CR1","doi-asserted-by":"publisher","first-page":"1","DOI":"10.1509\/jim.13.0032","volume":"21","author":"MA Akaka","year":"2013","unstructured":"Akaka MA, Vargo SL, Lusch RF (2013) The complexity of context: a service ecosystems approach for international marketing. 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