Oxford Handbooks Online 2013
DOI: 10.1093/oxfordhb/9780199694945.013.002
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Business Model Innovation

Abstract: This chapter offers a broad review of the literature at the nexus between Business Models and innovation studies and examines the notion of Business Model Innovation in three different situations: Business Model Design in newly formed organizations, Business Model Reconfiguration in incumbent firms, and Business Model Innovation in the broad context of sustainability. Tools and perspectives to make sense of Business Models and support managers and entrepreneurs in dealing with Business Model Innovation are rev… Show more

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Cited by 254 publications
(279 citation statements)
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References 46 publications
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“…Our study responds to recent calls for research to enhance theoretical understanding of the processes of BM innovation in established firms (Arend, 2013;Demil et al, 2015;Massa and Tucci, 2014). We find a "drifting" pattern that originates from an existing BM configuration, goes early into operation, emphasizes experiential learning in early phases, and shifts to cognitive search when an organization aims to scale up the BM.…”
Section: Discussionsupporting
confidence: 69%
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“…Our study responds to recent calls for research to enhance theoretical understanding of the processes of BM innovation in established firms (Arend, 2013;Demil et al, 2015;Massa and Tucci, 2014). We find a "drifting" pattern that originates from an existing BM configuration, goes early into operation, emphasizes experiential learning in early phases, and shifts to cognitive search when an organization aims to scale up the BM.…”
Section: Discussionsupporting
confidence: 69%
“…That is, BMs have been conceptualized as both cognitive artifacts and patterns of action (Baden-Fuller and Morgan, 2010;Massa and Tucci, 2014). On the one hand, BMs have been viewed as a cognitive phenomenon (Furnari, 2015;Martins et al, 2015) and described as representations (Arend, 2013;Morris et al, 2005;Perkmann and Spicer, 2010), cognitive instruments (Baden-Fuller and Mangematin, 2013), heuristics (Chesbrough and Rosenbloom, 2002), logics (Teece, 2010), and blueprints (Osterwalder and Pigneur, 2010).…”
Section: Bm Innovation and Organizational Learningmentioning
confidence: 99%
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“…Generally speaking, it defines the rationale and logic that a firm identifies, creates, delivers and captures value; and illustrates the architecture of the product, service and information flows, the sources of revenue and benefits for suppliers and customers, and the method by which a firm builds and uses its resources to offer its customers better value than its competitors and make money in doing so (Massa & Tucci, 2012;Baden-fuller & Morgan, 2010: Li, 2014). An operations model is a key part of a business model, as it defines the way a business model works and how the firm implements its strategy, and in particular, how the firm configures its people, processes and technology to create and deliver value to its different stakeholders.…”
Section: Smart Cities and New Operations Modelsmentioning
confidence: 99%
“…It is therefore not surprising that for established businesses most research is viewing one or more cases through an ex post lens often with a dominant representational view on business models. It is, however, increasingly being acknowledged that there are significant differences between business model innovation (in the meaning of creating new business models), and the development of existing business models [33,34]. Studying the process of explicating the business model may provide insights on several interesting questions, such as, but not limited to: How are strategy options created?…”
Section: Introduction: the Business Model Approach In Strategic Managmentioning
confidence: 99%