Framing a maturity model for business model innovation
Purpose: The aim of this conceptual study is bridging established theory on maturity models and business model innovation. The paper identifies boundary conditions and necessary steps for the design of an integrated maturity model for business model innovation. This contribution establishes a found...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Aalborg University Open Publishing
2022-11-01
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| Series: | Journal of Business Models |
| Online Access: | https://journals.aau.dk/index.php/JOBM/article/view/7024 |
| _version_ | 1797227048029126656 |
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| author | Erik Steinhöfel Henri Hussinki Karl Joachim Breunig |
| author_facet | Erik Steinhöfel Henri Hussinki Karl Joachim Breunig |
| author_sort | Erik Steinhöfel |
| collection | DOAJ |
| description |
Purpose: The aim of this conceptual study is bridging established theory on maturity models and business model innovation. The paper identifies boundary conditions and necessary steps for the design of an integrated maturity model for business model innovation. This contribution establishes a foundation that enables the assessment through selection of improvement measures and benchmarking.
Design/methodology/approach: The paper systematically assesses the extant literature to establish ontological consistency in the bridging attempt and defines the boundary conditions and specific steps for subsequent model development.
Findings: Prior published research only to a limited degree relates maturity model to business model innovation. Our assessment of extant literature reveals how innovation maturity models exhibit an extensive variety with regard to their application domain, number, and descriptors of dimensions, level of granularity, the design process, as well as empirical validation and the consideration of business model aspects. Based on these insights, the focus, scope, and steps towards a maturity model for business model innovation were defined.
Originality/value: The results of the research provide an important foundation for further research and development steps towards a maturity model for business model innovation. Furthermore, the detailed analysis of innovation maturity models has potential to be used as a basis for the development of other maturity models in the innovation domain and as a blueprint for analyzing future maturity models in detail.
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| first_indexed | 2024-04-24T14:34:36Z |
| format | Article |
| id | doaj.art-aaa1c8ab3d834c6080dd99ebd5e306e2 |
| institution | Directory Open Access Journal |
| issn | 2246-2465 |
| language | English |
| last_indexed | 2024-04-24T14:34:36Z |
| publishDate | 2022-11-01 |
| publisher | Aalborg University Open Publishing |
| record_format | Article |
| series | Journal of Business Models |
| spelling | doaj.art-aaa1c8ab3d834c6080dd99ebd5e306e22024-04-03T01:17:52ZengAalborg University Open PublishingJournal of Business Models2246-24652022-11-0110210.54337/jbm.v10i2.7024Framing a maturity model for business model innovationErik Steinhöfel0Henri Hussinki1Karl Joachim Breunig2Lappeenranta University of TechnologyLUT School of Business and Management, Lappeenranta-Lahti University of Technology LUT, Oslo Business School, Oslo Metropolitan University – OsloMet Purpose: The aim of this conceptual study is bridging established theory on maturity models and business model innovation. The paper identifies boundary conditions and necessary steps for the design of an integrated maturity model for business model innovation. This contribution establishes a foundation that enables the assessment through selection of improvement measures and benchmarking. Design/methodology/approach: The paper systematically assesses the extant literature to establish ontological consistency in the bridging attempt and defines the boundary conditions and specific steps for subsequent model development. Findings: Prior published research only to a limited degree relates maturity model to business model innovation. Our assessment of extant literature reveals how innovation maturity models exhibit an extensive variety with regard to their application domain, number, and descriptors of dimensions, level of granularity, the design process, as well as empirical validation and the consideration of business model aspects. Based on these insights, the focus, scope, and steps towards a maturity model for business model innovation were defined. Originality/value: The results of the research provide an important foundation for further research and development steps towards a maturity model for business model innovation. Furthermore, the detailed analysis of innovation maturity models has potential to be used as a basis for the development of other maturity models in the innovation domain and as a blueprint for analyzing future maturity models in detail. https://journals.aau.dk/index.php/JOBM/article/view/7024 |
| spellingShingle | Erik Steinhöfel Henri Hussinki Karl Joachim Breunig Framing a maturity model for business model innovation Journal of Business Models |
| title | Framing a maturity model for business model innovation |
| title_full | Framing a maturity model for business model innovation |
| title_fullStr | Framing a maturity model for business model innovation |
| title_full_unstemmed | Framing a maturity model for business model innovation |
| title_short | Framing a maturity model for business model innovation |
| title_sort | framing a maturity model for business model innovation |
| url | https://journals.aau.dk/index.php/JOBM/article/view/7024 |
| work_keys_str_mv | AT eriksteinhofel framingamaturitymodelforbusinessmodelinnovation AT henrihussinki framingamaturitymodelforbusinessmodelinnovation AT karljoachimbreunig framingamaturitymodelforbusinessmodelinnovation |