Journal of Management· 2016Q1· Review
Fifteen Years of Research on Business Model Innovation
- 1,803citations
- Q1SCImago
- 2016year
Short summary
A systematic review of 150 articles reveals that business model innovation (BMI) research, while gaining attention, suffers from a lack of theoretical grounding and cumulative empirical evidence.
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Key points
- Analyzed 150 peer-reviewed articles on business model innovation (BMI) from 2000-2015.
- Identified a lack of theoretical underpinning and cumulative empirical inquiry in BMI research.
- Highlighted construct clarity issues and gaps in understanding BMI's antecedents, contingencies, and outcomes.
- Proposed complexity theory and innovation literature as frameworks for future BMI research.
AI-generated from the title and abstract; the full text is not read.
Abstract
Over the last 15 years, business model innovation (BMI) has gained an increasing amount of attention in management research and among practitioners. The emerging BMI literature addresses an important phenomenon but lacks theoretical underpinning, and empirical inquiry is not cumulative. Thus, a concerted research effort seems warranted. Accordingly, we take stock of the extant literature on BMI. We identify and analyze 150 peer-reviewed scholarly articles on BMI published between 2000 and 2015. We provide the first comprehensive systematic review of the BMI literature, include a critical assessment of these research efforts, and offer suggestions for future research. We argue that the literature faces problems with respect to construct clarity and has gaps with respect to the identification of antecedent conditions, contingencies, and outcomes. We identify important avenues for future research and show how the complexity theory, innovation, and other streams of literature can help overcome many of the gaps in the BMI literature.
The authors' abstract, as published at the source. Journal of Management, 2016 · DOI ↗
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Field: Strategy and Management
Strategy and ManagementBusiness, Management and Accounting