Identifying drivers of Business Model Innovation

Abstract

Business Model Innovation (BMI) is an innovation process which is associated with radical change (i.e., designed, novel, nontrivial changes) in the configuration of an existing BM, aimed at building and maintaining competitive advantages. One of the important subjects regarding this concept is the drivers of this level of innovation in businesses. However, despite the interest of many researchers in BMI in recent years, few articles have studied its antecedents directly and comprehensively, and most of existing articles are case studies. Therefore, in this study, an attempt has been made to integrate the antecedents reported in scattered case studies with the Meta-Synthesis method, and combining them with the Thematic Analysis method to provide a comprehensive list of Business Model Innovation drivers. For this purpose, after searching related articles in Scopus database and refining the results, 140 case studies reported in selected articles were analyzed. Extraction of instances of drivers, coding, searching for themes and naming them during the recursive steps of the content analysis method, led to identification of 10 main themes including 30 sub-themes. Eventually, the research report is presented along with the researcher's definition of all 10 main drivers and 30 sub-drivers.

Keywords

• business model innovation
• meta-synthesis
• thematic analysis
• innovation drivers