BUSINESS MODELS FOR CORPORATE INNOVATION MANAGEMENT: INTRODUCTION OF A BUSINESS MODEL INNOVATION TOOL FOR ESTABLISHED FIRMS

Martin Trapp (), Kai-Ingo Voigt () and Alexander Brem
Additional contact information
Martin Trapp: Friedrich-Alexander-Universität Erlangen-Nürnberg, Lehrstuhl für Industrielles Management, Lange Gasse 20, 90403 Nürnberg, Deutschland
Kai-Ingo Voigt: Friedrich-Alexander-Universität Erlangen-Nürnberg, Lehrstuhl für Industrielles Management, Lange Gasse 20, 90403 Nürnberg, Deutschland

International Journal of Innovation Management (ijim), 2018, vol. 22, issue 01, 1-24

Abstract: Business model innovation (BMI) is the process of integrating a new logic of doing business into an established firm to improve profitability or to capitalise on new business opportunities. However, existing research offers only limited clarity on BMI compared to business model upgrades or a specific product innovation. From a body of extant literature, we develop a BMI identification tool which is then tested by senior managers from four large European corporations to assess whether innovation efforts represent BMI. The tool operationalises BMI and offers straightforward criteria and indicators to assist researchers but especially practitioners at accelerating BMI in established firms. This paper closes with recommendations for future research and limitations.

Keywords: Innovation; business model; business model innovation; innovation management (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S136391961850007X
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:wsi:ijimxx:v:22:y:2018:i:01:n:s136391961850007x

Ordering information: This journal article can be ordered from

DOI: 10.1142/S136391961850007X

Access Statistics for this article

International Journal of Innovation Management (ijim) is currently edited by Joe Tidd

More articles in International Journal of Innovation Management (ijim) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().