Knowledge- and innovation-based business models for future growth: digitalized business models and portfolio considerations

Today’s key challenge for firm growth relies in the integration of digital technologies and their use in new business models. Thus, firms increasingly engage in a digital transformation and in digitalizing their business model. Firms can apply digital technologies for improved or novel internal and...

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Bibliographic Details
Published in:Review of managerial science 2021, Vol.15 (1), p.1-14
Main Authors: Bouncken, Ricarda B., Kraus, Sascha, Roig-Tierno, Norat
Format: Article
Language:English
Subjects:
Accounting/Auditing
Banking
Business and Management
Business models
Business Strategy/Leadership
Marketing
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Summary:Today’s key challenge for firm growth relies in the integration of digital technologies and their use in new business models. Thus, firms increasingly engage in a digital transformation and in digitalizing their business model. Firms can apply digital technologies for improved or novel internal and external processes and integrate them in new business models. The digital transformation itself demands diverse knowledge from diverse origins in the firm. We examine the key concepts related to business model digitalization. We develop a conceptual matrix for portfolio considerations of firm business model digitalization. We introduce the seven contributions in this special issue on knowledge and innovation related to business and offer some recommendations for future research on the new working conditions and digital identities of firms.
ISSN:1863-6683
1863-6691
DOI:10.1007/s11846-019-00366-z