Foundations, the status quo, and future trends of the business model innovation process knowledge base Online publication date: Wed, 10-Jan-2024
by Amaury-Alexandre Schaller; Ronald Vatananan-Thesenvitz
International Journal of Business Innovation and Research (IJBIR), Vol. 33, No. 1, 2024
Abstract: With the application of a science-mapping technique, the knowledge base of the business model innovation (BMI) process literature was systematically assessed. A total of 362 Scopus-indexed articles and conference papers from 2001 to 2018 were considered. This review uncovers the foundation, development, and future trends of the BMI process knowledge base. Moreover, this systematic literature review aims to connect the BMI process to two main disciplines: 1) strategic management; 2) innovation and entrepreneurship. Three schools of thought were identified: 1) new approaches to the BMI process; 3) antecedents and barriers to the BMI process; 3) strategic and sustainable decisions related to firm performance during the BMI process. The BMI literature is anchored equally in both disciplines, and hence a strategic entrepreneurship view is suggested for the process, especially since digital transformation is a relevant future avenue for BMI.
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