Business model innovation canvas: a visual business model innovation model

Jin, Yuran; Ji, Shoufeng; Liu, Li; Wei, Wang

doi:10.1108/ejim-02-2021-0079

Cited by 19 publications

(18 citation statements)

References 83 publications

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“…Regardless of their knowledge of business management principles, different company actors may effectively contribute to suggesting new sustainability‐related insights from other viewpoints (e.g., technical, commercial, administrative, logistical, as citizens/users). To this end, their understanding overcomes potential managerial cognition limits by taking advantage of the described supportive approach, which draws on agile visual management tools, such as the SBM Canvas, the SDG Impact Assessment tool, and the Gap Frame (Eppler & Platts, 2009; Eriksson & Fundin, 2018; Jin et al, 2021; Knight & Paroutis, 2019; Paroutis et al, 2015). The illustrative application sheds light on how to implement the approach, as it provides insight to companies about the robust and structured integration of the SDGs into business model innovation aimed primarily at generating optimized positive contributions.…”

Section: Final Remarksmentioning

confidence: 99%

“…We have devised a managerial approach that addresses the per- Gap Frame (Eppler & Platts, 2009;Eriksson & Fundin, 2018;Jin et al, 2021;Knight & Paroutis, 2019;Paroutis et al, 2015). The illustrative application sheds light on how to implement the approach, as it provides insight to companies about the robust and structured integration of the SDGs into business model innovation aimed primarily at generating optimized positive contributions.…”

Section: Final Remarksmentioning

confidence: 99%

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Business model innovation for the Sustainable Development Goals

et al. 2022

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Business model innovation can be a key driver to realizing the transformation needed to achieve the United Nations Sustainable Development Goals (SDGs). At the same time, the SDGs can support organizations as they identify and tackle opportunities for business model innovation. This study uses a constructive research method to build a managerial approach that supports business model innovation for the SDGs.The approach helps organizations assess their contribution to the SDGs, explore and prioritize SDG-oriented business opportunities and risks, and formulate business model innovation strategies accordingly. The proposed approach was developed through participatory action research conducted in collaboration with two companies operating in the medical and educational sectors and then applied to Ørsted, a multinational power company, which is strongly committed to a sustainability-driven business transformation and aspires to contribute strongly to SDG 7 (Affordable and clean energy) and SDG 13 (Climate action). The study furthers the academic and practical debate on business model innovation for sustainability by providing new academic and practical knowledge on how organizations can use the SDGs to stimulate business model innovations.

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Section: Final Remarksmentioning

confidence: 99%

Section: Final Remarksmentioning

confidence: 99%

Business model innovation for the Sustainable Development Goals

et al. 2022

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“…The disruptive impact of big data can affect business strategies and processes. Since business model is one of the most effective tools to bridge the potential gap between strategies and Digitalizing business models in hospitality their adequate implementation, it can be derived that data should be taken into account as one of the key sources of value creation in business model design (Del Vecchio et al, 2018a, b;Jin et al, 2021). Therefore, to redefine contemporary companies in favor of a strategic incorporation of data, data should be integrated with new business models to bring in them a drive toward transformation (Loebbecke and Picot, 2015;Woerner and Wixom, 2015).…”

Section: Digitalizing Business Models In Hospitalitymentioning

confidence: 99%

Digitalizing business models in hospitality ecosystems: toward data-driven innovation

Troisi

Visvizi

Grimaldi

2023

EJIM

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PurposeDigitalization accelerates the need of tourism and hospitality ecosystems to reframe business models in line with a data-driven orientation that can foster value creation and innovation. Since the question of data-driven business models (DDBMs) in hospitality remains underexplored, this paper aims at (1) revealing the key dimensions of the data-driven redefinition of business models in smart hospitality ecosystems and (2) conceptualizing the key drivers underlying the emergence of innovation in these ecosystems.Design/methodology/approachThe empirical research is based on semi-structured interviews collected from a sample of hospitality managers, employed in three different accommodation services, i.e. hotels, bed and breakfast (B&Bs) and guesthouses, to explore data-driven strategies and practices employed on site.FindingsThe findings allow to devise a conceptual framework that classifies the enabling dimensions of DDBMs in smart hospitality ecosystems. Here, the centrality of strategy conducive to the development of data-driven innovation is stressed.Research limitations/implicationsThe study thus developed a conceptual framework that will serve as a tool to examine the impact of digitalization in other service industries. This study will also be useful for small and medium-sized enterprises (SMEs) managers, who seek to understand the possibilities data-driven management strategies offer in view of stimulating innovation in the managers' companies.Originality/valueThe paper reinterprets value creation practices in business models through the lens of data-driven approaches. In this way, this paper offers a new (conceptual and empirical) perspective to investigate how the hospitality sector at large can use the massive amounts of data available to foster innovation in the sector.

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“…e proposed measures encompass activities and practices and business model structure, highlighting the relevance of the co-evolution between business model and dynamic capabilities. In [16], according to the scientific literature clustering paradigm of grounded theory is used to design business model innovation theory model (BMITM). BMITM and the business model innovation options traced back from 870 labels in the grounded process are integrated into a unified framework to build the business model innovation canvas (BMIC).…”

Section: Literature Reviewmentioning

confidence: 99%

Integrated Design of Cellular Production System Using Branch and Bound Algorithm

Ranjbar

Shayannia

Miandargh

et al. 2022

Discrete Dynamics in Nature and Society

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Most research done on the design of cellular production systems also has examined one of the main areas of design including cell formation, cellular layout, and material handling. Some research studies also have been done by considering the lack of independence of these areas, two areas simultaneously, and three areas sequentially. The main goal of this research is to present a mathematical framework for designing and also providing the efficient methods for solving the desired problem. Therefore, the main contribution of this paper is to determine the same component according to the characteristics of designs and production requirements. For this purpose, an overall design of a cellular production system or material handling system with cellular layout is examined. Then, the mathematical formulation is presented for the problem and then an efficient solution is presented for the problem. In the provided model, the interaction effects between designs fields are provided. A branch and bound algorithm is also provided to solve this problem. The performance of the provided algorithm and the performance of the provided approach are investigated by using different numerical samples. The results show the performance of the provided algorithm and approach in the design of cellular production systems.

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Business model innovation canvas: a visual business model innovation model

Cited by 19 publications

References 83 publications

Business model innovation for the Sustainable Development Goals

Business model innovation for the Sustainable Development Goals

Digitalizing business models in hospitality ecosystems: toward data-driven innovation

Integrated Design of Cellular Production System Using Branch and Bound Algorithm

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