State of the Art of Business Models: A Bibliometric Analysis

Rodrigo do Carmo, Carlos Jerónimo, Leandro Pereira (), Álvaro Dias and Vânia Patricio
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Rodrigo do Carmo: ISCTE-IUL, Av. das Forças Armadas, 1649-026 Lisbon, Portugal
Carlos Jerónimo: ISCTE-IUL, Av. das Forças Armadas, 1649-026 Lisbon, Portugal
Leandro Pereira: BRU-Business Research Unit, ISCTE, Sedas Nunes Building, Office 2W17, Avenida das Forças Armadas, 1649-026 Lisboa, Portugal
Álvaro Dias: ISCTE-IUL, Av. das Forças Armadas, 1649-026 Lisbon, Portugal
Vânia Patricio: ISCTE-IUL, Av. das Forças Armadas, 1649-026 Lisbon, Portugal

Sustainability, 2023, vol. 15, issue 5, 1-14

Abstract: Various studies have investigated the business model (BM) in different dimensions. However, bibliometric analyses in this discipline are still limited. This study aims to conduct a bibliometric analysis of business model research, identifying the state of the art, trends, and other indicators by analyzing articles published on the Web of Science (WoS) platform from 2017 to 2022. The present study examines the simultaneous occurrence of publications by year, keyword trends, bibliographic coupling, analysis of co-authorship, cities, and institutions, and finds that the literature on business models rapidly expanded between 2017 and 2020. A total of 14,881 articles were obtained as samples. The present study employs VOSviewer software to analyze the data. A considerable amount of literature has been produced on BMs, but researchers have stopped developing further literature which is thought-provoking. Based on the findings of this study, it is concluded that there is a need to research BMs in different domains such as sustainability and digitalization.

Keywords: business model; bibliometric analysis; business model innovation; sustainability; digitalization (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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