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...

Exploring business change: The design of a digital tooling for business model exploration for the automotive ecosystem

Opportunities such as digital technologies are fundamentally reshaping businesses. Enterprises are moving from selling physical products and services, to providing digitally enabled services. Enterprises need to rethink their business models and how to adapt them to take advantage of these opportunities. How to adapt the existing business model...

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...

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...

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,...