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Conceptualizing digital business models (DBM): Framing the interplay between digitalization and business models
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Business Administration and Industrial Engineering. University of Vaasa, School of Management, PO Box 700, FI-65101, Vaasa, Finland.ORCID iD: 0000-0003-2094-7974
University of South-Eastern Norway, Department of Business, Strategy and Political Science, Mailbox 7053, N-3007, Drammen, Norway.ORCID iD: 0000-0002-2918-0020
Luleå University of Technology, Department of Social Sciences, Technology and Arts, Business Administration and Industrial Engineering. University of South-Eastern Norway, USN Business School, Norway.ORCID iD: 0000-0003-3255-414X
2024 (English)In: Technovation, ISSN 0166-4972, E-ISSN 1879-2383, Vol. 133, article id 103013Article in journal (Refereed) Published
Abstract [en]

The literature on connectivity-enabled innovative business models (from here on ‘digital business models’, DBM) is rapidly growing, and the literature explores the connection of digitalization with business models, for instance, the way businesses create, deliver, and capture value by using digital technologies such as artificial intelligence (AI). This study contributes to the field of Digital Business Models (DBM) by structuring the literature based on 101 studies drawn from top-tier academic journals (AJG3 and AJG4 journal quality levels). Based on our bibliometric analysis of the emerging literature, we identify four clusters of digital business model research: 1) digital business model innovation, 2) Internet of Things business models (IOT business models), 3) digital platform business models, and 4) digital servitization business models. Moreover, we position the 8 special issue articles in this landscape of digital business models. Finally, we propose some novel avenues for future research.

Place, publisher, year, edition, pages
Elsevier, 2024. Vol. 133, article id 103013
Keywords [en]
Digitalization, Digital business model (DBM) and digital business model innovation (DBMI), Strategy and strategy process, Artificial intelligence (AI), Digital platforms, Ecosystems, Digital servitization, Product-service-software systems (PSSS), Smart solutions, Sustainable product-service systems (SPSS)
National Category
Business Administration Information Systems, Social aspects Information Systems
Research subject
Entrepreneurship and Innovation
Identifiers
URN: urn:nbn:se:ltu:diva-105436DOI: 10.1016/j.technovation.2024.103013ISI: 001231210400001Scopus ID: 2-s2.0-85190323362OAI: oai:DiVA.org:ltu-105436DiVA, id: diva2:1860895
Funder
Academy of Finland
Note

Validerad;2024;Nivå 2;2024-08-05 (hanlid);

Funder: Drammen City Municipality

Available from: 2024-05-27 Created: 2024-05-27 Last updated: 2024-08-05Bibliographically approved

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Kohtamäki, MarkoParida, Vinit

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