TY - JOUR
T1 - Business model innovation
T2 - an integrated approach based on elements and functions
AU - Zhang, Yue
AU - Zhao, Shukuan
AU - Xu, Xiaobo
N1 - Publisher Copyright:
© 2015, Springer Science+Business Media New York.
PY - 2016/9/1
Y1 - 2016/9/1
N2 - Business model innovation can be used to acquire competitive advantages. In this paper, we applied an integrative approach to study business model in terms of elements and functions. In the paper, three types of business model innovations were discussed: original innovation, induced innovation, and imitative innovation. The major contributions of this paper are: (1) improving the understanding of the business models; (2) providing a new perspective on business model innovation; and (3) proposing the paths for business model innovation. The paper also discussed how new information technology may promote business model innovation.
AB - Business model innovation can be used to acquire competitive advantages. In this paper, we applied an integrative approach to study business model in terms of elements and functions. In the paper, three types of business model innovations were discussed: original innovation, induced innovation, and imitative innovation. The major contributions of this paper are: (1) improving the understanding of the business models; (2) providing a new perspective on business model innovation; and (3) proposing the paths for business model innovation. The paper also discussed how new information technology may promote business model innovation.
KW - Business model innovation
KW - Information technology management
KW - Technology management
UR - http://www.scopus.com/inward/record.url?scp=84926308122&partnerID=8YFLogxK
U2 - 10.1007/s10799-015-0225-5
DO - 10.1007/s10799-015-0225-5
M3 - Article
AN - SCOPUS:84926308122
SN - 1385-951X
VL - 17
SP - 303
EP - 310
JO - Information Technology and Management
JF - Information Technology and Management
IS - 3
ER -