Analysis of the Tool Support for Business Model Innovation

Date
2022-01-04
Authors
Klein, Sabine
Emrich, Andreas
Fettke, Peter
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Abstract
Organizations adapt their business models (BM) frequently to remain competitive. One reason for this is the digitalization of products and services. A change in strategy often brings along an adaption of the BM or a complete business model innovation (BMI). In this context, software tools can support users in the presentation and analysis of their BM by providing methodological knowledge. The assessment of a software tool is influenced by different orientations and functionalities, e.g., for pure BM representation or simulation. This contribution provides a procedure for systematically assessing BMI tools and offers an overview of existing BM tools as well as their support for BMI and a related transformation process. The results show that early phases of BMI are well supported, while later phases are hardly represented. A possible reason for this lies in the complexity of later BMI phases. First steps towards supporting later phases through software are discussed.
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Keywords
Digital Innovation, Transformation, and Entrepreneurship, business model, business model innovation, software support
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