Business innovation: Beyond technology

Scott-Kemmis, D

Business innovation: Beyond technology

Scott-Kemmis, D

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Publication Type:: Chapter
Citation:: Global Perspectives on Achieving Success in High and Low Cost Operating Environments, 2014, pp. 209 - 240
Issue Date:: 2014-03-31

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Field	Value	Language
dc.contributor.author	Scott-Kemmis, D	en_US
dc.date.issued	2014-03-31	en_US
dc.identifier.citation	Global Perspectives on Achieving Success in High and Low Cost Operating Environments, 2014, pp. 209 - 240	en_US
dc.identifier.isbn	1466658282	en_US
dc.identifier.isbn	9781466658288	en_US
dc.identifier.uri	http://hdl.handle.net/10453/119986
dc.description.abstract	© 2014 by IGI Global. All rights reserved. This chapter presents the case for a wider understanding of innovation beyond technology and beyond novel products and processes. It examines the dynamics of Business Model Innovation, which refers to fundamental changes to the total formula for business success. New approaches to value creation and appropriation through business model innovation are particularly vital in times of turbulence and realignment faced by firms in high cost operating environments. Business model innovation can create new and sustainable sources of competitive advantage for firms, securing their survival and growth. The chapter discusses the evidence for the role of business model innovation in the growth of leading firms and in the restructuring of markets. It provides an overview of the frameworks for characterising and analysing business models. The options for different types of business models likely to be successful in high cost environments are described.	en_US
dc.relation.ispartof	Global Perspectives on Achieving Success in High and Low Cost Operating Environments	en_US
dc.relation.isbasedon	10.4018/978-1-4666-5828-8.ch008	en_US
dc.title	Business innovation: Beyond technology	en_US
dc.type	Chapter
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
utslib.copyright.status	closed_access
pubs.publication-status	Published	en_US

Abstract:

© 2014 by IGI Global. All rights reserved. This chapter presents the case for a wider understanding of innovation beyond technology and beyond novel products and processes. It examines the dynamics of Business Model Innovation, which refers to fundamental changes to the total formula for business success. New approaches to value creation and appropriation through business model innovation are particularly vital in times of turbulence and realignment faced by firms in high cost operating environments. Business model innovation can create new and sustainable sources of competitive advantage for firms, securing their survival and growth. The chapter discusses the evidence for the role of business model innovation in the growth of leading firms and in the restructuring of markets. It provides an overview of the frameworks for characterising and analysing business models. The options for different types of business models likely to be successful in high cost environments are described.

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http://hdl.handle.net/10453/119986