Business model research has grown into an insightful area of inquiry, and articles in the Journal of Management Studies (JMS) have greatly contributed to this topical area. This introductory article to the thematic collection of business model research offers an overview of the pertinent literature as well as foundational knowledge, so it is suitable for scholars who are familiar with the topic, but it is also helpful for those wishing to join the conversation. Business model research has thrived at the intersection of strategy, innovation management, and entrepreneurship studies. This body of research is characterized by both a bold vision to improve our understanding of the architecture and building blocks of business models as well as conceptual and empirical debates about the way forward in the digital age of continuing disruption, platformization, and ecosystem transformations. We suggest three promising areas for future research: business model portfolios, competitive dynamics between heterogeneous business models, and business model design for more sustainable economy.
Business Model Research: Past, Present, and Future
Yuliya Snihur & Gideon Markman
First Impressions Stick: Market Entry Strategies and Category Priming in the Digital Domain
Paolo Aversa, Annelore Huyghe & Giulia Bonadio
Synergy Evaluation in Mergers and Acquisitions: An Attention-Based View
Florian Bauer & Martin Friesl
The Effects of Culture and Structure on Strategic Flexibility during Business Model Innovation
Adam J. Bock, Tore Opsahl, Gerard George & David M. Gann
Unpacking the Disruption Process: New Technology, Business Models, and Incumbent Adaptation
Alessio Cozzolino, Gianmario Verona & Frank T. Rothaermel
A Multi-Dimensional Framework of Organizational Innovation: A Systematic Review of the Literature
Mary M. Crossan & Marina Apaydin
Innovation for Inclusive Business: Intrapreneurial Bricolage in Multinational Corporations
Minna Halme, Sara Lindeman & Paula Linna
The Sharing Economy and Business Model Design: A Configurational Approach
Feifei Jiang, Xiaoying Zheng, Di Fan, Pengxiang Zhang & Sali Li
Corporate Venture Capital, Disembodied Experimentation and Capability Development
Thomas Keil, Erkko Autio & Gerard George
Perspectives on Disruptive Innovations
Arun Kumaraswamy, Raghu Garud & Shahzad (Shaz) Ansari
Thriving in the New Normal: The HR Microfoundations of Capabilities for Business Model Innovation. An Integrated Literature Review
Mark Loon, Lilian Otaye-Ebede & Jim Stewart
Entrepreneurship as a Platform for Pursuing Multiple Goals: A Special Issue on Sustainability, Ethics, and Entrepreneurship
Gideon D. Markman, Michael Russo, G. T. Lumpkin, P. Devereaux (Dev) Jennings & Johanna Mair
Learning to Build a Supply Network: An Exploration of Dynamic Business Models
Katy J. Mason & Sheena Leek
The Organizational Impact of Business Model Innovation: Assessing the Person-Organization Fit
Matthias Menter, Lutz Göcke & Christopher Zeeb
From Attention to Action: The Influence of Cognitive and Ideological Diversity in Top Management Teams on Business Model Innovation
Somendra Narayan, Jatinder S. Sidhu & Henk W. Volberda
An Ecosystem-Level Process Model of Business Model Disruption: The Disruptor’s Gambit
Yuliya Snihur, Llewellyn D. W. Thomas & Robert A. Burgelman
Understanding Value Creation in Public-Private Partnerships: A Comparative Case Study
Elisa Villani, Luciano Greco & Nelson Phillips
Resource Orchestration and Scaling-up of Platform-Based Entrepreneurial Firms: The Logic of Dialectic Tuning
Jing Zeng, Yunlu Yang & Soo Hee Lee
What can Strategy Learn from the Business Model Approach?
Lyda S. Bigelow & Jay B. Barney
A Business Model View of Strategy
Gianvito Lanzolla & Constantinos Markides
The Business Model Phenomenon: Towards Theoretical Relevance
John E. Prescott & Igor Filatotchev
