Developing a conceptual framework for business model innovation in the context of open innovation

L. Wang, Päivi Jaring, Arto Wallin

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

6 Citations (Scopus)

Abstract

This paper aims to understand business model in the context of open innovation, and to develop a conceptual framework for business model innovation in the process towards an open business model. The literature study presented in this paper shows that a business model in the context of open innovation is not a strategy of a company, but a cognitive tool and a mediating construct between technology innovation and economic value. By identifying the origins and possibilities of business model innovation based on related literature, this paper presents a conceptual framework for business model innovation in the context of open innovation. The framework helps companies to become aware of the elements required when heading toward an open business model. This paper serves as a starting point to learn the process of business model innovation. (25 refs.)
Original languageEnglish
Title of host publication2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009
Place of PublicationPiscataway
PublisherIEEE Institute of Electrical and Electronic Engineers
Pages453-458
ISBN (Print)978-1-4244-2345-3
DOIs
Publication statusPublished - 2009
MoE publication typeA4 Article in a conference publication
Event2009 IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009 - Istanbul, Turkey
Duration: 1 Jun 20093 Jun 2009

Conference

Conference2009 IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009
Abbreviated titleDEST 2009
CountryTurkey
CityIstanbul
Period1/06/093/06/09

Fingerprint

Business model
Business model innovation
Open innovation
Conceptual framework
Economic value
Technology innovation

Cite this

Wang, L., Jaring, P., & Wallin, A. (2009). Developing a conceptual framework for business model innovation in the context of open innovation. In 2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009 (pp. 453-458). Piscataway: IEEE Institute of Electrical and Electronic Engineers . https://doi.org/10.1109/DEST.2009.5276777
Wang, L. ; Jaring, Päivi ; Wallin, Arto. / Developing a conceptual framework for business model innovation in the context of open innovation. 2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009. Piscataway : IEEE Institute of Electrical and Electronic Engineers , 2009. pp. 453-458
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Wang, L, Jaring, P & Wallin, A 2009, Developing a conceptual framework for business model innovation in the context of open innovation. in 2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009. IEEE Institute of Electrical and Electronic Engineers , Piscataway, pp. 453-458, 2009 IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009, Istanbul, Turkey, 1/06/09. https://doi.org/10.1109/DEST.2009.5276777

Developing a conceptual framework for business model innovation in the context of open innovation. / Wang, L.; Jaring, Päivi; Wallin, Arto.

2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009. Piscataway : IEEE Institute of Electrical and Electronic Engineers , 2009. p. 453-458.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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AB - This paper aims to understand business model in the context of open innovation, and to develop a conceptual framework for business model innovation in the process towards an open business model. The literature study presented in this paper shows that a business model in the context of open innovation is not a strategy of a company, but a cognitive tool and a mediating construct between technology innovation and economic value. By identifying the origins and possibilities of business model innovation based on related literature, this paper presents a conceptual framework for business model innovation in the context of open innovation. The framework helps companies to become aware of the elements required when heading toward an open business model. This paper serves as a starting point to learn the process of business model innovation. (25 refs.)

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Wang L, Jaring P, Wallin A. Developing a conceptual framework for business model innovation in the context of open innovation. In 2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009. Piscataway: IEEE Institute of Electrical and Electronic Engineers . 2009. p. 453-458 https://doi.org/10.1109/DEST.2009.5276777