Element contents
Series: Elements in Business Strategy
Business Model Innovation
Strategic and Organizational Issues for Established Firms
Published online by Cambridge University Press: 31 May 2023
Summary
Digital technologies have allowed for the proliferation of new business models, something that has attracted the attention of academic research. Much of this research has focused on (i) understanding what a business model is and its theoretical connection to the concept of strategy, and (ii) exploring what business model innovation is and what its sources and outcomes are. Less work has gone into studying the issues that established firms face in business model innovation – such as how to respond to the arrival of a disruptive business model in one's industry, or how to compete with dual business models or how to migrate from one business model to another. This Element approaches the topic of business model innovation from the perspective of the established firm and examines the unique strategic and organizational issues that big, established companies face when a new business model enters their markets.
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- Series: Elements in Business StrategyOnline ISBN: 9781108993241Publisher: Cambridge University PressPrint publication: 29 June 2023
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