Digital transformation and business model innovation: a bibliometric analysis of existing research and future perspectives

Javid Zare () and Ajax Persaud ()
Additional contact information
Javid Zare: University of Ottawa
Ajax Persaud: University of Ottawa

Management Review Quarterly, 2025, vol. 75, issue 3, No 4, 1999-2032

Abstract: Abstract Digital technologies, which are fundamentally different from traditional technologies, are driving radical changes across all industries, supply chains, consumer preferences, competition, and more. These radical shifts create challenges and opportunities for firms to create and capture value from business model innovation. The challenge goes beyond simply implementing advanced digital technologies such as artificial intelligence (AI), machine learning (ML), and Internet of Things (IoT) to developing business model innovations to create and capture value. Essentially, there is a complementary, mutually reinforcing relationship between digital transformation (DT) and business model innovation (BMI). However, the current understanding of the relationship between DT and BMI remains unclear, despite growing academic interest in this relationship. We endeavor to map the intellectual structure of this emerging research field at the intersection of DT and BMI over a 24-year period (from January 1999 to December 2023). The goal is to harness the fragmented literature, thereby creating a coherent basis for understanding its separate perspectives and issues. Using bibliometric analysis, we identified several key themes around which the extant literature can be organized. We also identified several areas where further research is warranted.

Keywords: Digital transformation; Digitalization; Artificial intelligence; Machine learning; Internet of things; Business model innovation (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s11301-024-00426-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:manrev:v:75:y:2025:i:3:d:10.1007_s11301-024-00426-z

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/11301

DOI: 10.1007/s11301-024-00426-z

Access Statistics for this article

Management Review Quarterly is currently edited by Thomas Reutterer, Jonas F. Puck, Engelbert Dockner and Anne d'Arcy

More articles in Management Review Quarterly from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().