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Scientific Article details

Title Business Model Innovation as Lever of Organizational Sustainability
ID_Doc 78245
Authors Carayannis, EG; Sindakis, S; Walter, C
Title Business Model Innovation as Lever of Organizational Sustainability
Year 2015
Published Journal Of Technology Transfer, 40, 1
DOI 10.1007/s10961-013-9330-y
Abstract The concept of business models and consequently business model innovation has its foundation in corporate practice, strategic management, and industrial economics. However, business models are not a strategy but constitute the core and driver of a strategy as well as the key for decoding, understanding, and effectively communicating a strategy both within an organization as well as across its business ecosystem. As with Business Model, the Business Model Innovation literature is not well developed. This paper focuses on the effects that can be achieved through business model innovation, in particular organizational sustainability. In this regard, the paper focuses on the organizational design and governance and the role different stakeholders, predominantly customers and partners play in the innovation process towards organizational sustainability. Finally, the ways by which organizational performance is influenced by different business models are also explored, aiming to shed light on this theoretical gap. The results provide insights to manufacturers in developing countries, overcoming their dependence on commoditized products and OEM manufacturing while maintaining a sustainable ecosystem. Finally, implications for theory, policy, and practice are outlined along with the suggestions for future research.
Author Keywords Business model; Value proposition; Organizational sustainability; Innovation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000348192600004
WoS Category Engineering, Industrial; Management
Research Area Engineering; Business & Economics
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