Business Model Innovation vs. Business Model Inertia: the Role of Disruptive Technologies

This contribution addresses the impact of disruptive technologies on business model innovation. While such technologies have the potential to significantly alter the way in which businesses operate, business model inertia hinders companies from adopting the new technological possibilities. Little re...

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Bibliographic Details
Published in:BHM. Berg- und hüttenmännische Monatshefte 2017, Vol.162 (9), p.382-385
Main Authors: Vorbach, Stefan, Wipfler, Harald, Schimpf, Sven
Format: Article
Language:English
Subjects:
Business models
Earth and Environmental Science
Earth Sciences
Inertia
Innovations
Mineral Resources
Originalarbeit
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Summary:This contribution addresses the impact of disruptive technologies on business model innovation. While such technologies have the potential to significantly alter the way in which businesses operate, business model inertia hinders companies from adopting the new technological possibilities. Little research has focused on the difficulties incumbents face when innovating their business models. By reviewing current literature on business model innovation, this paper summarizes challenges companies face when dealing with potential disruptive technologies and creating viable business models.
ISSN:0005-8912
1613-7531
DOI:10.1007/s00501-017-0671-y