Managing business model exploration in incumbent firms: A case study of innovation labs in European banks

KJ Sund, MLAM Bogers, M Sahramaa - Journal of Business Research, 2021 - Elsevier
Digital transformation provides opportunities for business model innovation (BMI). Yet,
incumbents may face organizational barriers when exploring radically new business …

[HTML][HTML] Service design for digital servitization: Facilitating manufacturers' advanced services value proposition design in the context of Industry 4.0

I Iriarte, M Hoveskog, HN Ngoc, I Legarda… - Industrial Marketing …, 2023 - Elsevier
Industry 4.0 provides increasing opportunities for manufacturing companies in servitization,
which has led to the emergence of digital servitization. Several single case studies have …

The ROAD to continuous business model innovation: A longitudinal study unveiling patterns of cognitive sensing dynamic capabilities

L Bitetti, M Gibbert - Creativity and innovation management, 2022 - Wiley Online Library
The dynamic capabilities of sensing, seizing and transforming enable business model
innovation. The emerging literature on the cognitive antecedents of business model …

[HTML][HTML] How industry recipe and boundary belief influence similar modular business model innovations

JS Kim, J Kim - Journal of Open Innovation: Technology, Market, and …, 2023 - Elsevier
This study attempts to use a decision-making approach to explore how industry recipes and
boundary beliefs influence similar modular business model innovations (BMIs) among over …

Framing and reframing digital business models: The global messenger industry

S Ahn, C Baden-Fuller - Research handbook on digital strategy, 2023 - elgaronline.com
The digital world has been characterized by frequent technological advances that alter the
way firms create and capture value (Yoo, Boland, Lyytinen, and Majchrzak, 2012, and the …

A process-based framework around “Lighthouse projects” for business model innovation

L Bitetti - International Journal of Innovation Management, 2022 - World Scientific
Despite the extant literature studies on business model innovation in response to a single
(rather than multiple) strategic goal, entrepreneurs mostly approach the business model …

Incumbent business model innovation under misperceived hypercompetition

KJ Sund, A Lindskov - Journal of Business Models, 2022 - forskning.ruc.dk
Hypercompetition theory states that incumbent firms must restructure their organizations,
resources, and product portfolios, as competitive advantages cannot be sustained over time …

The interaction between business models and business reality

P Kesting - Journal of Business Models, 2021 - journals.aau.dk
Purpose–The purpose of this paper is to conceptualize the connection between business
model and business reality. On this basis, the paper aims to put the business models on a …

Cognition and Business Model Innovation

KJ Sund - Cognition and Business Models: From Concept to …, 2024 - Springer
The use of cognition theories in the study of business model innovation has gained in
popularity in the last decade, and especially in the last five years or so. This is not least the …

Business Models as Managerial Mental Models

KJ Sund - Cognition and Business Models: From Concept to …, 2024 - Springer
The business model can be viewed as a cognitive construct. This construct exists in the
minds of managers, employees, and other actors involved with the organization. One …