Business Model Innovation : Game Changers and Contemporary Issues / Annabeth Aagaard.

Intro -- Foreword -- Contents -- List of Figures -- List of Tables -- 1 Introducing Business Model Innovation and the Game Changers of Tomorrow -- Introducing -- Synergizing Business Models and Business Model Innovation -- The Megatrends and Game Changers of Doing Business Today and Tomorrow -- Implications of Megatrends: Redefining Business Model Innovation -- Embedding Sustainability and Circularity in the Heart of Business Model Innovation -- Digitalization, AI, and the Evolution of Business Models -- Business Model Innovation Through Open Innovation, Platforms, and Ecosystems -- The Aim of the Book -- Overview of the Book Chapters -- References -- 2 Business Model Innovation Capability: A Game Changer for Sustaining a Firm's Edge -- From Isolated Business Model Innovation to BMI Capability -- Current Thinking on Business Models -- Toward a Framework for BMI Capability Development -- Phase One: Raising Awareness of Business Model Innovation -- Phase Two: Framing the Business Model Innovation Process -- Direction -- Goals -- Templates -- Stakeholders -- Constraints -- Phase Three: Designing Innovative Business Models -- Grounding BMI in Careful Observation of Stakeholder Behaviors and Needs -- Synthesizing Insights from Observation to Prepare BMI -- Generating Ideas for BMI Anchored on Insightful Problem Understanding -- Refining Ideas for BMI: Consolidating, Prototyping, and Evaluating -- Implementing the New BMI Design -- Building a Business Model Innovation Capability at SEC -- Conclusion -- Appendix: Questions for Evaluating New Business Model Designs -- References -- 3 New Venues for Collaborative Business Model Innovation Through Ecosystems -- Introduction -- Ecosystems as Part of the Financial Service Industry -- Ping An Ecosystems -- Twint Ecosystem -- Ecosystems as a New Concept for Value Co-creation.

Scholarly Perspectives on Ecosystems -- Success Factors for Ecosystem Management -- Strengths and Weaknesses of Ecosystems -- Implications for Business Model Innovation: Ecosystems Perspective as Game Changer -- Use Cases: Ecosystems for the Financial Service Industry -- Trends Accelerating Ecosystems -- The Ecosystems Concept Offering New Venues for Research on Business Model Innovation -- Conclusion and Recommendations for Practice -- References -- 4 Platformizers, Orchestrators, and Guardians: Three Types of B2B Platform Business Models -- Introduction -- Platforms, Ecosystems, and Business Model Innovation in B2B Markets -- Three Types of B2B Platform Business Models -- Product-Service Platformizer -- Platform Ecosystem Orchestrator -- Platform Market Guardian -- Implications for Research -- Evolutionary Model of Platform Business Model Innovation in B2B Markets -- Implications to B2B Platform Literature -- Managerial Implications -- Conclusion -- References -- 5 The Catalytic Role of Sustainability Transitions for Business Models -- Introduction -- Socio-Technical Transitions: Multi-level Perspective and Transition Pathways -- Sustainability Transitions, Deep Transitions, and Multi-system Confluence -- Sustainability Transitions -- Deep Transitions -- Multi-system Confluence -- Business Models in Socio-Technical Transitions -- Business Models for Sustainability Transitions -- Three Illustrations of Business Models "Catalysed" by Sustainability Transitions -- Circular Business Models -- Rizhao Economic and Technology Development Area (Yu et al., 2015) -- Kalundborg Symbiosis (Ecology Center, 2019) -- Platform Business Models -- Turo (Turo, 2021) -- FLOOW2 (FLOOW2, 2024) -- Service-Oriented Business Models -- Tesla Solar Roof (Tesla, 2021) -- Philips' "Pay-per-lux" (Ellen MacArthur Foundation, 2017).

Eight Tentative Principles of Designing Business Models for Sustainability Transitions -- Outlook -- References -- 6 Effective Mission Integration: A Triple Bottom Line Canvas for Impact Business Model Innovation -- Introduction -- The Triple Bottom Line Canvas -- Value Offering -- Customer Value Proposition -- Social Impact Mission -- Environmental Impact Mission -- Key Partners (Profit Mission) -- Key Activities (Profit Mission) -- Key Resources (Profit Mission) -- Key Partners (Social Mission) -- Key Activities (Social Mission) -- Key Resources (Social Mission) -- Key Partners (Environmental Mission) -- Key Activities (Environmental Mission) -- Key Resources (Environmental Mission) -- Value Delivery -- Customer Groups -- Customer Relationships -- Customer Channels -- Social Impact Beneficiaries -- Community Relationships -- Social Impact Channels -- Ecosystem Beneficiaries -- Ecosystem Impact Channels -- Value Capture -- Revenue Streams -- Cost Structure -- Surplus Streams -- Mission Integration -- From Profit Drags to Profit Drivers: Using the Triple Bottom Line Canvas -- Benefits of the Approach -- Future Directions -- Conclusion -- References -- 7 Circular Business Model Innovation: New Avenues and Game Changers -- Introduction -- Circular Business Model Innovation as a Game Changer -- New Avenues and Game Changers -- Creating a Twin Transition of Digital and Circular Economies -- Slowing the Loop, Sufficiency, and Regeneration -- Sufficiency Business Models -- Regenerative Business Models -- Collaborative Business Models and Circular Ecosystems -- Tools, Methods, and Impact Assessment -- Conclusions -- References -- 8 The Twin Advantage: Leveraging Digital for Sustainability in Business Models -- Introduction -- Understanding the Concept of Twin Transition in Business Development.

The Key Roles of Dynamic Capabilities and Open Innovation in Twin Transition BMI -- Archetypes of Twin Transition Business Model Innovation -- Strategic Approaches for Operationalizing the Archetypes of Twin Transition BMI -- From Digital Innovators to Twin Transformers -- From Sustainable Pioneers to Twin Transformers -- From Traditionalists to Twin Transformers -- Cross-Archetype Strategic Imperatives -- Reconfiguring Organizations to Leverage Twin Transition Business Model Innovation -- Strategic Reconfiguration -- Cultural Evolution and Adaptive Leadership -- Organizational Competencies and Structural Redesign -- Process Reengineering and Technological Synergies -- Expanding Cross-Disciplinary Collaborations -- Advancing Twin Transition Business Model Innovation Across Micro-, Meso-, and Macro-Levels -- Wanted: Visionary Leaders to Navigate the Twin Transition Challenge! -- Future Research in Twin Transitions Business Model Innovation -- References -- 9 Business Model Theory and the Becoming of New Mobile Communications Technologies -- Introduction -- Theoretical Starting Points -- Role of Technology in BMI -- BMI: From Adaptation to Prediction -- Towards a Business Model Theory -- Antecedents to Business Model Thinking -- Outcomes of Business Model Thinking -- Framing Future 6G Mobile Communications -- Discussion and Conclusions -- Empirical Contributions: Approaching and Framing BMI -- Theoretical Contributions: Explaining and Theorizing in BMI -- Implications for Future Research -- References -- 10 AI-Driven Business Model Innovation: Pioneering New Frontiers in Value Creation -- Introduction -- The Transformative Role of Artificial Intelligence on Business Innovation -- AI in Business Model Innovation: Transforming Value Creation -- AI's Impact on Redefining Business Model Components -- Customer Segments -- Value Propositions -- Channels.

Customer Relationships -- Revenue Streams -- Key Resources -- Key Activities -- Key Partnerships -- Cost Structure -- Implications of Generative AI on Value Creation Through Platform Ecosystems -- Managerial Implications of AI-Enabled Business Model Innovation -- Future Research Avenues in AI-Facilitated Business Model Innovation -- References -- Concluding Remarks -- Index.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.