Business model innovation: towards a conceptual framework

Business model innovation (BMI) is core for entrepreneurship in industrial or service sectors, including tourism. Our submission focuses on the development of the field of BMI. We perform systematic literature review based on 316 valid papers indexed on ISI Current Contents, published between 20...

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Main Authors: Irina Saur-Amaral, Raquel Reis Soares, João F. Proença
Format: Article
Language:English
Published: University of Algarve, ESGHT/CINTURS 2018-01-01
Series:Tourism & Management Studies
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Online Access:https://tmstudies.net/index.php/ectms/article/view/996/pdf_78
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author Irina Saur-Amaral
Raquel Reis Soares
João F. Proença
author_facet Irina Saur-Amaral
Raquel Reis Soares
João F. Proença
author_sort Irina Saur-Amaral
collection DOAJ
description Business model innovation (BMI) is core for entrepreneurship in industrial or service sectors, including tourism. Our submission focuses on the development of the field of BMI. We perform systematic literature review based on 316 valid papers indexed on ISI Current Contents, published between 2000 and 2015. Bibliometric results indicate a significant increase in the number of papers, journals and authors, and lack of specialized journals/authors publishing regularly in the BMI field. Thematic analysis reveals that BMI has been extensively studied, however there is rarely any cumulative knowledge effect between authors. Most researches were conceptual or qualitative, however few constructs have been defined and tested to enable quantitative studies. We conclude that there had been little evolution in terms of theoretically developing the BMI field. We argue that there is a need to adopt already existing conceptual models, develop constructs and validate them with primary quantitative data and advanced statistical analysis, in different research contexts.
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publisher University of Algarve, ESGHT/CINTURS
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spelling doaj-art-ea6821731bf34a50b96a74cba4b563cd2025-02-02T23:41:12ZengUniversity of Algarve, ESGHT/CINTURSTourism & Management Studies2182-84662018-01-01141809310.18089/tms.2018.14107Business model innovation: towards a conceptual frameworkIrina Saur-Amaral0Raquel Reis Soares1João F. Proença2GOVCOPP-UA, DEGEI - Universidade de Aveiro & Universidade Europeia, Quinta do Bom Nome, Estrada da Correia 53, 1500-210 Lisbon, PortugalUniversidade Europeia, Quinta do Bom Nome, Estrada da Correia 53, 1500-210Lisbon, PortugalAdvance-CSG, ISEG - University of Lisbon & University of Porto, Porto, R. Dr. Roberto Frias, 4200-464 Porto, PortugalBusiness model innovation (BMI) is core for entrepreneurship in industrial or service sectors, including tourism. Our submission focuses on the development of the field of BMI. We perform systematic literature review based on 316 valid papers indexed on ISI Current Contents, published between 2000 and 2015. Bibliometric results indicate a significant increase in the number of papers, journals and authors, and lack of specialized journals/authors publishing regularly in the BMI field. Thematic analysis reveals that BMI has been extensively studied, however there is rarely any cumulative knowledge effect between authors. Most researches were conceptual or qualitative, however few constructs have been defined and tested to enable quantitative studies. We conclude that there had been little evolution in terms of theoretically developing the BMI field. We argue that there is a need to adopt already existing conceptual models, develop constructs and validate them with primary quantitative data and advanced statistical analysis, in different research contexts.https://tmstudies.net/index.php/ectms/article/view/996/pdf_78business modelbusiness model innovationbusiness model elementsknowledge visualizationvisual mappingnvivo
spellingShingle Irina Saur-Amaral
Raquel Reis Soares
João F. Proença
Business model innovation: towards a conceptual framework
Tourism & Management Studies
business model
business model innovation
business model elements
knowledge visualization
visual mapping
nvivo
title Business model innovation: towards a conceptual framework
title_full Business model innovation: towards a conceptual framework
title_fullStr Business model innovation: towards a conceptual framework
title_full_unstemmed Business model innovation: towards a conceptual framework
title_short Business model innovation: towards a conceptual framework
title_sort business model innovation towards a conceptual framework
topic business model
business model innovation
business model elements
knowledge visualization
visual mapping
nvivo
url https://tmstudies.net/index.php/ectms/article/view/996/pdf_78
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