Leveraging Virtual Business Model Innovation: A Framework for Designing New Business Model Development Tools

Item Type Journal paper
Abstract This paper presents a framework for developing tool support for the design and management of new business models. Existing IT tools supporting the process of designing, innovating, and evaluating a company’s business model are currently not leveraging the full potential of tool support, since they do not make use of theoretical and empirical knowledge around business model development. Against this backdrop, we analyze existing knowledge on business model design and management, resulting in a first systematization of the activities that are necessary for developing and managing new business models. In order to complement this knowledge and to identify the requirements for sup-porting these activities, a series of expert interviews is conducted. Based on the results of the interview series, a new business model development tool (BMDT) is created and evaluated. The learnings of this development process are then consolidated in a unified framework. This framework constitutes a new solution for systematically designing tool support for business model development, and extends existing literature by highlighting the importance of collaboration between participants in a business model development project. It also provides designers of new BMDTs with an empirically based conceptualization to guide their efforts.
Authors Ebel, Philipp; Bretschneider, Ulrich & Leimeister, Jan Marco
Journal or Publication Title Information systems journal : ISJ
Language English
Keywords Business Model Design, Design Support Tools, Virtual Collaboration, Action Design Research, Online Knowledge Collaboration Theory
Subjects business studies
information management
HSG Classification contribution to practical use / society
Refereed Yes
Date September 2016
Publisher Wiley-Blackwell
Place of Publication Oxford [u.a.]
Volume 26
Number 5
Page Range 519-550
ISSN 1350-1917
ISSN-Digital 1365-2575
Publisher DOI https://doi.org/10.1111/isj.12103
Depositing User Michael Kunz
Date Deposited 08 Mar 2016 16:58
Last Modified 20 Jul 2022 17:27
URI: https://www.alexandria.unisg.ch/publications/247915



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Ebel, Philipp; Bretschneider, Ulrich & Leimeister, Jan Marco (2016) Leveraging Virtual Business Model Innovation: A Framework for Designing New Business Model Development Tools. Information systems journal : ISJ, 26 (5). 519-550. ISSN 1350-1917


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