Capturing the Dynamics of Business Models: Towards the Integration of System Dynamics and Reference Modeling

Maren Stadtländer (), Thorsten Schoormann () and Ralf Knackstedt ()
Additional contact information
Maren Stadtländer: University of Hildesheim
Thorsten Schoormann: University of Hildesheim
Ralf Knackstedt: University of Hildesheim

A chapter in Innovation Through Information Systems, 2021, pp 376-383 from Springer

Abstract: Abstract In face of the complexities of business models as well as their dynamic and uncertain environments, business model designers increasingly rely on a systemic view, for example by applying System Dynamics. Despite acceptance in research and practice, this approach comes however with several drawbacks such as high complexity of model construction and the models themselves. To overcome these challenges, we examine the potential of integrating reference modeling and System Dynamics. In this study, we describe the expected benefits and requirements of reference modeling for business models, give a preliminary overview of suitable reference model components, and outline promising directions of our ongoing and future research.

Keywords: Business modeling; System Dynamics; Reference models (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:lnichp:978-3-030-86800-0_26

Ordering information: This item can be ordered from
http://www.springer.com/9783030868000

DOI: 10.1007/978-3-030-86800-0_26

Access Statistics for this chapter

More chapters in Lecture Notes in Information Systems and Organization from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().