Theorising business model innovation: an integrated literature review

Loon, M and Quan, X.I (2021) 'Theorising business model innovation: an integrated literature review.' Australian Journal of Management, 46 (3). pp. 548-577. ISSN 1327-2020

Official URL: https://doi.org/10.1177/0312896220976751

Abstract

The aim of this article is to theorise the business model innovation (BMI) phenomenon as we explore why and how BMI occurs, specifically to answer the question, What are the mechanisms involved? We evaluate extant research by adapting the context-intervention-mechanism-output framework, and adopting a mechanism-based theory building approach for synthesising our findings. This study makes three contributions: first, we enrich epistemology by adopting a process view as we show that BMI is a series of interdependent mechanisms. Second, we identify six mechanisms unique to the phenomenon. Third, we offer a prescient outlook of BMI change as a metatheory.

Item Type:	Article
Keywords:	business model, innovation, mechanism-based theorising, metatheory
Divisions:	Bath Business School
Identification Number:	https://doi.org/10.1177/0312896220976751
Date Deposited:	25 Aug 2021 11:25
Last Modified:	25 Aug 2021 11:27
URI / Page ID:	https://researchspace.bathspa.ac.uk/id/eprint/14207

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