Business model innovation attracts continued interest in both business research and practice (Gunther-McGrath, 2011), and offers a wide range of avenues for further investigations into its various dimensions.
Following the acknowledgement of their importance for successful innovations, business models themselves became subject to innovation. Companies started to realise that in response to changes in their environment, even a successful business model is never a permanent given (Chesbrough, 2007; Lindgardt et al., 2009). Rather, firms are required to reconsider their established models (Chesbrough, 2010) – either in response or pro-active anticipation of changes in their environment.
Business model innovation thereby goes far beyond isolated product, service or technology innovation (Lindgardt et al., 2009). It involves the innovation of at least one of its constituting elements, including its value proposition, its value chain or its revenue model and thereby provides a firm with potentials such as the activation of overlooked value sources within the company or the creation of novel systems that are difficult to imitate (Amit, Zott, 2010).
While the impact of business models and their impact on a firm’s success appears to be convincing (Koen, Bertels Elsum, 2011), so far the construct has been only very poorly understood (Teece, 2010). Scholars are still concerned with the theoretical foundation and definition of both business models and business model innovation. Literature on business models has developed in a range of isolated silos integrated in ecommerce, strategy and innovation management literatures, which further demonstrates the lack of a common understanding of the concept’s definition (Zott, Amit, Massa, 2011).
Our motivation for this special issue has been determined by the infant stage of the research on business model innovation while it has at the same time increased in importance as a driver and subject for innovation. Consequently, we call for full papers that provide new theoretical perspectives on and/or
empirical insights into business model innovation and its underlying processes, thus enhancing the study and understanding of the subject.
The issue will carry revised and substantially extended versions of selected papers presented at Euram 2013, ISPIM 2013 and the R&D Management Conference 2013, but we also strongly encourage researchers unable to participate in the conference to submit articles for this call.
Suitable topics include but are not limited to:
- Business model innovation and strategy
- Organisational design and business model innovation
- Process and elements of business model innovation
- Role of different stakeholders in business model innovation
- Measuring success and effects of business model innovation
Submission deadline: 15 August, 2013
Reviews and revisions deadline: 30 November, 2013
Final selection of papers: 31 December, 2013