Business model innovation: it's not just about technology anymore
@article{Chesbrough2007BusinessMI, title={Business model innovation: it's not just about technology anymore}, author={Henry Chesbrough}, journal={Strategy \& Leadership}, year={2007}, volume={35}, pages={12-17} }
Purpose – To innovate the company business model, executives must first understand what it is, and then examine what paths exist for them to improve on it. This article aims to examine this issue.Design/methodology/approach – The article provides a practical definition of business models and offers a Business Model Framework (BMF) that illuminates the opportunities for business model innovation.Findings – The article finds that BMF sequences possible business models from very basic (and not…
1,441 Citations
A Business Model Innovation Typology
- BusinessDecis. Sci.
- 2015
Ten retrospective case studies of business model innovations undertaken by two industrial companies provide the empirical basis for this article and suggest that there are indeed various business model innovation types, each with its own characteristics and challenges.
Business Model: What it is and What it is Not
- Business
- 2014
The term “business model” has been misinterpreted and misused over the years, resulting in it being inadequately understood and applied by both practitioners and scholars. It is frequently confused…
360° Business Model Innovation: Toward an Integrated View of Business Model Innovation
- Business
- 2016
OVERVIEW: Business model innovation has arguably become a critical way to innovate, but its success factors are poorly understood. A lack of tools allowing the examination of business models in their…
Takin' Care of Business Models: The Impact of Business Model Evaluation on Front‐End Success
- Business
- 2018
In recent years, the discussion about business models has garnered increasing attention in practice and research. It is argued that thinking about business model alternatives supports managers,…
Understanding the Impact of Technology on Firms’ Business Models
- Business
- 2013
Purpose – The purpose of this paper is to identify the impact of a new global positioning technology on firms’ business models.Design/methodology/approach – The empirical setting was a consortium of…
Business model innovativeness: designing a formative measure for business model innovation
- Business
- 2016
Business model innovation is attracting increasing attention in corporate practice and academia. Despite strong interest in the phenomenon, no common understanding of the concept’s meaning has yet…
Business model innovativeness: designing a formative measure for business model innovation
- BusinessJournal of Business Economics
- 2015
Business model innovation is attracting increasing attention in corporate practice and academia. Despite strong interest in the phenomenon, no common understanding of the concept’s meaning has yet…
Designing innovative business models: Five emerging meta-models
- Business2013 IEEE Tsinghua International Design Management Symposium
- 2013
Business models to date have remained the creation of management, however, it is the belief of the authors that designers should be critically approaching, challenging and creating new business…
THE BUSINESS MODEL INNOVATION MAP A FRAMEWORK FOR ANALYZING BUSINESS MODEL INNOVATION
- Business
- 2015
Business model innovation has received substantial attention by both practitioners and researchers during the last fifteen years. While many companies have good processes and a shared sense of how to…
Modularizing business models: between strategic flexibility and path dependence
- Business
- 2016
The paper reveals drivers as well as barriers to business model innovation which sensitizes managers that modularity as a design principle is a two-edged sword and suggests that middle managers might best focus on managing modules and their direct relations.
References
Open Business Models: How to Thrive in the New Innovation Landscape
- Business
- 2006
In his landmark book Open Innovation, Henry Chesbrough demonstrated that because useful knowledge is no longer concentrated in a few large organizations, business leaders must adopt a new, "open"…