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

L. Wang; Päivi Jaring; Arto Wallin

doi:10.1109/DEST.2009.5276777

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 proceeding › Conference article in proceedings › Scientific › peer-review

14 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 language	English
Title of host publication	2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009
Place of Publication	Piscataway
Publisher	IEEE Institute of Electrical and Electronic Engineers
Pages	453-458
ISBN (Print)	978-1-4244-2345-3
DOIs	https://doi.org/10.1109/DEST.2009.5276777
Publication status	Published - 2009
MoE publication type	A4 Article in a conference publication
Event	2009 IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009 - Istanbul, Turkey Duration: 1 Jun 2009 → 3 Jun 2009

Conference

Conference	2009 IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009
Abbreviated title	DEST 2009
Country/Territory	Turkey
City	Istanbul
Period	1/06/09 → 3/06/09

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1109/DEST.2009.5276777

Cite this

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title = "Developing a conceptual framework for business model innovation in the context of open innovation",

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.)",

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year = "2009",

doi = "10.1109/DEST.2009.5276777",

language = "English",

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booktitle = "2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009",

publisher = "IEEE Institute of Electrical and Electronic Engineers",

address = "United States",

note = "2009 IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009, DEST 2009 ; Conference date: 01-06-2009 Through 03-06-2009",

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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 proceeding › Conference article in proceedings › Scientific › peer-review

TY - GEN

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AU - Wallin, Arto

PY - 2009

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N2 - 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.)

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.)

U2 - 10.1109/DEST.2009.5276777

DO - 10.1109/DEST.2009.5276777

M3 - Conference article in proceedings

SN - 978-1-4244-2345-3

SP - 453

EP - 458

BT - 2009 3rd IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009

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CY - Piscataway

T2 - 2009 IEEE International Conference on Digital Ecosystems and Technologies, DEST 2009

Y2 - 1 June 2009 through 3 June 2009

ER -

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

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UN SDGs

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