-This paper examines the application of systemic problem structuring methods to the development of research strategy in response to the challenges of 5G. The paper proposes a methodology for strategic decision making. The key stakeholders, objectives, technologies and boundaries from existing literature are identified and problem structuring based on hierarchical process modelling is used to explore the dependency of certain features of 5G on specific technologies, giving an indication of the importance of certain technologies over others and thus insight into where to place research effort. The hard technical challenges of 5G are discussed and equally the importance of the soft social and business challenges explored. For context, we explain how 5G will provide a platform for innovations and discuss how new and existing businesses may use this to their advantage. Problem structuring is used to explore how the challenges and opportunities of future wireless systems are related to the process of developing new business models.Index Terms-5G; Problem Structuring Method (PSM); Systems Engineering; Business Model I. INTRODUCTION HE Telecommunication industry has been growing at an unprecedented rate over the last three decades, during which the world has seen the development of four generations of cellular technologies. While the industry is mainly focused on the deployment of the fourth generation systems at present, global research and development efforts (i.e. a number of projects in Europe, US and Asia) are already underway to develop the fifth generation (5G) telecommunication system (Felita and Suryanegara, 2013). Further, the International Telecom Union (ITU) has also started a standardization effort which works towards specifying the overall framework and objective of the future development of 5G discussing aspects such as technology trends and the technical feasibility of new frequency bands.It is acknowledged widely that the underlying difference between 5G and previous generations of mobile technology is that it will consist of more than just one radio access technology. The trend of using multiple radio access technologies for providing network services is already well established and practiced widely by operators. For instance, many operators own WiFi hotspot services in addition to their cellular networks. This architecture is well supported by wide availability of smart mobile devices It is suggested that 5G wireless communication systems will require a mix of new system concepts to boost their spectral and energy efficiency (Ekram Hossain, Mehdi Rasti, Hina Tabassum, 2014).In line with the above observations and predictions, this paper hypothesizes that the 5G communication system will be far more complex than any of the previous generations, which mostly use homogeneous technologies with vertically integrated market structures. In contrast, the 5G system will be a complex socio-economic-technical system which will integrate different communications sub-systems that use one or few specific t...