Business model innovation: a temporal perspective: A temporal perspective

Niamh O. Riordan, Philip O'reilly, Aidan Duane, Pavel Andreev

Research output: Contribution to conferencePaperpeer-review

2 Citations (Scopus)

Abstract

Recent years have seen an explosion in the number of academic and practitioner-oriented publications on business models and business model innovation. Indeed, companies that traditionally focused on product and service innovation, are turning toward business model innovation as an alternative or complement to product or process innovation. Nevertheless, companies struggle to innovate the business models through which commercialisable new ideas and technologies will pass. At the same time, the literature remains skewed toward product and process innovation rather than business model innovation. This paper highlights the need for a temporal view of the business model innovation process and proposes a conceptual model of the business model innovation process to enable organizations to identify, model and prioritise potential business models for their technological innovation . It also develops a prioritisation framework to be used for ranking alternative business models, which serves as an input towards developing an IT-based business model decision support system.O'Riordan, O Reilly, Duane and Andreev

Original languageEnglish
Publication statusPublished - 2014
Event25th Australasian Conference on Information Systems, ACIS 2014 - Auckland, New Zealand
Duration: 08 Dec 201410 Dec 2014

Conference

Conference25th Australasian Conference on Information Systems, ACIS 2014
Country/TerritoryNew Zealand
CityAuckland
Period08/12/201410/12/2014

Keywords

  • Business model innovation process
  • Evaluation
  • Ideation
  • Prioritisation

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