Business Model Innovation: The Organizational Dimension
Nicolai J Foss and Tina Saebi
Abstract
Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of competitive forces but also because of the ongoing change from product-based to service-based business models. Yet, business model innovation is also a massive organizational change process that challenges existing processes, structures and modes of control. The specific angle, and the novel feature of this book, is to thoroughly examine the organizational dimension of business model innovation. Drawing on ... More
Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of competitive forces but also because of the ongoing change from product-based to service-based business models. Yet, business model innovation is also a massive organizational change process that challenges existing processes, structures and modes of control. The specific angle, and the novel feature of this book, is to thoroughly examine the organizational dimension of business model innovation. Drawing on organizational theory and empirical observation, the contributors specifically highlight organizational design aspects of business model innovation, focusing on how reward systems, power distributions, routines and standard operating procedures, the allocation of authority, and other aspects of organizational structure and control should be designed to support the business model the firm chooses. Also discussed are how existing organizational structures, capabilities, beliefs, cultures and so on influence the firm’s ability to flexibly change to new business models.
Keywords:
Business model innovation,
business models,
organizational design,
organizational theory,
dynamic capabilities,
transaction cost economics,
strategy
Bibliographic Information
| Print publication date: 2015 |
Print ISBN-13: 9780198701873 |
| Published to Oxford Scholarship Online: April 2015 |
DOI:10.1093/acprof:oso/9780198701873.001.0001 |
Authors
Affiliations are at time of print publication.
Nicolai J Foss, editor
Professor, Copenhagen Business School and Norwegian School of Economics
Tina Saebi, editor
Post-doctoral research fellow, Norwegian School of Economics
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