Toward Business Models for a Meta-Platform: Exploring Value Creation in the Case of Data Marketplaces

Investigating meta-platforms has been a continuing concern within information system literature due to the increasingly complex constellations of platforms in ecologies of ecosystems. A meta-platform is a platform built on top of two or more platforms, hence connecting their respective ecosystems. One promising case to benefit from meta...

Business model archetypes for data marketplaces in the automotive industry: Contrasting business models of data marketplaces with varying ownership and orientation structures

Policymakers and analysts are heavily promoting data marketplaces to foster data trading between companies. Existing business model literature covers individually owned, multilateral data marketplaces. However, these particular types of data marketplaces hardly reach commercial exploitation. This paper develops business model archetypes for the...

Business model implications of privacy-preserving technologies in data marketplaces: The case of multi-party computation

Privacy-preserving technologies could allow data marketplaces to deliver technical assurances to companies on data privacy and control. However, how such technologies change the business model of data marketplaces is not fully understood. This paper aims to bridge this gap by focusing on multi-party computation (MPC) as a cryptographic...

Creating a Taxonomy of Business Models for Data Marketplaces

Data marketplaces can fulfil a key role in realizing the data economy by enabling the commercial trading of data between organizations. Although data marketplace research is a quickly evolving domain, there is a lack of understanding about data marketplace business models. As data marketplaces are vastly different, a taxonomy of data marketplace...

Implementing Business Models Into Operations: Impact of Business Model Implementation on Performance

Business models (BMs) help firms to translate abstract strategic decisions into their daily operations. Because BMs mediate between strategy and operations, BM innovation involves both high-level strategic experiments and low-level implementation into operations and technologies. However, most existing empirical studies regarding BM innovation...

Business model experimentation in SMEs: the application of a dual scaling technique

Business model experimentation is an essential step for developing new business models. While the benefits of business model experimentation are increasingly studied, it is still poorly understood why companies engage in business model experimentation. This paper examines, starting from environmental turbulence reasoning, which external and...

How do business model tools facilitate business model exploration? Evidence from action research

Business model tools are commonly used to describe and communicate business model ideas. However, studies do not sufficiently address whether and how business model tools support the early, exploratory phase in which new business models are initiated, conceptualized, assessed and planned. In this exploratory phase, offerings and addressable...

Towards Generic Business Models of Intermediaries in Data Collaboratives: From Gatekeeping to Data Control

Data has become a core asset, as well as a “management fashion”, of our time. It brings about unprecedented opportunities for data-driven decision making and innovation in various spheres of public life. This concerns data held by governments, as well as companies, academic institutions, non-profits, and citizens. In our study we investigate a...

Digitalization, business models, and SMEs: How do business model innovation practices improve performance of digitalizing SMEs?

Digital transformation is requiring companies to rethink and innovate their business models (BMs). However, small- and medium-sized enterprises (SMEs)have scarce time and resources for experimenting with their BMs and implementing new strategies. This paper examines whether SMEs that undergo digital transformation perform better if they...

What technology enabled services impact business models in the automotive industry? An exploratory study

The automotive industry is experiencing a phase of rapid innovation, with emergent technologies underpinning the realisation of self-driving cars, increased use of data and data analytics, sensors to enable car components to connect to the Internet-of-Things and the use of alternative energy sources, such as electric vehicles. Such...

The impact of digitalization on business models

Purpose: This paper aims to explore how digital technologies have forced small- to medium-sized enterprises (SMEs) to reconsider and experiment with their business models (BMs) and how this contributes to their innovativeness and performance. Design/methodology/approach: An empirical study has been conducted on 338 European SMEs actively...

Designing digital tooling for business model exploration for the Internet-of-Things

As digital technologies are transforming enterprises, the interest in business models is increasing. Technological disruptions like the Internet of Things (IoT) drive enterprises to redefine their business models to create and capture value, and eventually, to stay competitive. The need for business model innovation may be urgent, yet it is not...

Designing business model tooling for business model exploration: An experimental design for evaluation

Disruptive technologies drive enterprises to rethink how to create and capture value by revising their business models (BM). Even in cases that the need for BM innovation is clear, how entrepreneurs can do it and what they need to be changed it is not always obvious. That leads to the need for BM exploration. BM tooling can support this process,...

Tooling for internet-of-things business model exploration: A design science research approach

Attention to business models (BM) is increasing as digital technologies are transforming enterprises in many industries. Technological disruptions such as the Internet of Things (IoT) force enterprises to rethink their BM to create and capture value. Even though the need for business model innovation (BMI) may be clear, how to change a BM is not...

Business model stress testing: A practical approach to test the robustness of a business model

Business models and business model innovation are increasingly gaining attention in practice as well as in academic literature. However, the robustness of business models (BM) is seldom tested vis-à-vis the fast and unpredictable changes in digital technologies, regulation and markets. The evaluation of the robustness of a BM raises several...

Use of Facebook and Google Platforms for SMEs Business Model Innovation

Development of information communication technologies brings  increasingly more opportunities for optimising various processes and  activities of organisations. In the case of platforms, such a s Facebook and  Google, it is especially relevant to small and medium - sized enterprises.  SMEs can adopt ready - to - use...

Designing an ICT tool platform to support SME business model innovation: Results of a first design cycle

Business model innovation (BMI) is becoming increasingly relevant for enterprises as they are faced with profound changes like digitalization. While business model thinking in academia has advanced, practical tooling that supports business model innovation for small and medium sized enterprises (SMEs) is still lacking. In this paper, we design,...

Business Model Innovation in European SMEs: some preliminary findings

Business Models have been on the research agenda since the emergence of ecommerce and ebusiness in late last century. Although a lot of attention has been paid to the concept, ontologies, taxonomies and approach in the field of strategic management, information systems, digital business and high-tech entrepreneurship research, empirical research...