-
Understanding the impact of technology on firms’ business models
May 24, 2013 Editor 0
Abstract Purpose – The main purpose of this research is to identify the impact of a new global positioning technology on firms’ business models. Design/methodology/approach – The empirical setting was a consortium of Danish organizations, established to develop a positioning-based technology platform as a basis for innovative commercial products and/or services. Three of the consortium companies were selected for case-study research. Findings – The main findings were that companies will use the new technology to extend their existing business models, and that the technology platform potentially represents the creation of a new business model for the partner companies in the consortium.Practical implications – This paper is important in that it will help companies understand technological impact from a business model perspective, thereby enabling them to manage innovation better by distinguishing between the creation, extension, revision or termination of business models. Originality/value – The main contribution of this study is its use of the business model perspective to analyse the impact of an emergent technology on companies’ innovation activities. This perspective makes it easier to develop strategic initiatives while managing innovation, and underlines the importance of purposive human action in adopting a proactive behaviour, reducing deterministic views on technological impact. Go to Source
Related Posts
- Don’t Let Predictability Become the Enemy of Innovation
When Good Is Not Good Enough
Increasing Innovation Impact
Getting ready for phase 2: Africa RISING partners pore over farming systems research design
The Sustainable Development Goals ICT Playbook
African women to gain access to innovative contraception
Categories: Feature Articles
Tags: business model perspective, technological impact, technology on firms business models
Innovation for a Complex World Developing a research framework for complex multi-team coordination in emergency management
Subscribe to our stories
Recent Posts
- Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises December 30, 2021
- The Strategic Role of Design in Driving Digital Innovation June 10, 2021
- Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control June 10, 2021
- BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems June 9, 2021
- COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa June 9, 2021
Categories
Archives
Popular Post-All time
- A review on biomass-based... 1k views
- Can blockchain disrupt ge... 762 views
- Apply Now: $500,000 for Y... 755 views
- Prize-winning projects pr... 716 views
- Test Your Value Propositi... 688 views