A Systematic Review of Developing a Comprehensive and Strategic Framework for Business Model Innovation and Adaptation Amid Technology and Market-Driven Disruption for Incumbent Businesses

• 영문명: A Systematic Review of Developing a Comprehensive and Strategic Framework for Business Model Innovation and Adaptation Amid Technology and Market-Driven Disruption for Incumbent Businesses
• 발행기관: 한국무역연구원
• 저자명: Shrestha, Babu Kaji 이종건(Jong-Keon Lee) 주효석(Hyo-Surk Joo)
• 간행물 정보: 『무역연구』제19권 제6호, 53~71쪽, 전체 19쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2023.12.31

영문 초록

Purpose - This study aims to address a crucial gap in academic understanding regarding business-model innovation and adaptation, particularly within the dynamic landscape of technology and IT-based companies experiencing disruptive innovations. To meet the increased demand for a precise approach, timely execution, and relevant content in business-model evolution, this study strives to develop a comprehensive framework. Through synthesizing existing knowledge, the goal is to contribute valuable insights and offer a cohesive guide for businesses navigating the complexities of innovating and adapting their business models amidst technological disruptions. Design/Methodology/Approach - Through a systematic review of 29 research articles from reputable journals, we employ a structured, five-step approach to define research questions, conduct literature search, select relevant studies, rigorously extract and synthesize data, and report findings. Emphasizing methodological rigor, consistent with established practices, this approach provides a robust foundation for developing a strategic framework for business model evolution amid disruptions. Findings - This study contributes significantly by developing a comprehensive and integrated framework to help incumbent businesses navigate disrupter threats and implement business-model innovation. The synthesis of the relevant literature and practical guidance empowers incumbent businesses for long-term competitiveness. Research Implications - This study has substantial implications, offering academia a comprehensive and integrated strategic framework for navigating disrupter threats through business-model innovation. It provides practical guidance for incumbent businesses, aiding in strategic decision-making and competitiveness. The findings set the stage for future research to explore industry-specific contexts and advance methods for early disrupter detection in the evolving landscape of technology disruptions.

목차

Ⅰ. Introduction

Ⅱ. Literature Review of BMI

Ⅲ. Research Methodology

Ⅳ. Discussion

Ⅴ. Conclusion

References

키워드

Business Model Innovation (BMI) Comprehensive Framework Disruptive Innovation Technology Strategy