The 4I-framework of business model innovation: a structured view on process phases and challenges

Karolin Frankenberger, Tobias Weiblen, Michaela Csik and Oliver Gassmann

International Journal of Product Development, 2013, vol. 18, issue 3/4, 249-273

Abstract: Business model innovation has received rising attention as a means for firms to achieve superior performance. Yet, as we argue based on a review of related literature, the research field so far lacks a comprehensive framework that supports managers in their endeavour to innovative their firms' business models. Based on process models from innovation management literature and insights from 14 cases of past business model innovations, we develop the 4I-framework that structures the business model innovation process and highlights the specific challenges which managers face during the initiation, ideation, integration and implementation of new business models. Through our study, we also provide a conceptual framework to organise existing literature in the business model innovation field and identify promising areas for future research.

Keywords: business models; business model innovation; innovation process; process phases; challenges; incumbent firms; business process modelling. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (68)

Downloads: (external link)
http://www.inderscience.com/link.php?id=55012 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpdev:v:18:y:2013:i:3/4:p:249-273

Access Statistics for this article

More articles in International Journal of Product Development from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().