Although business model innovations are decisive for a company’s long-term success or failure, they are still poorly understood compared to product innovations. Thus, their execution is imperfectly supported, and their organizational accountability is insufficiently regulated. In this paper, we systematically investigate similarities and differences between product and business model innovation to assess the potential of transferring insights and best practices. Therefore, we condense key findings of product innovation management into a framework as a basis for the analysis of 11 current cases of business model innovation. This paper intends to contribute to a better understanding of the options that exist for business model innovation. We derive implications for an improved management of business model innovation based on the cases analysed. For the innovation process and its organizational anchoring, we disclose potential benefits of a more structured and holistic approach.
Similar Products: Powered by 
 |
Sustaining Innovation: Collaboration Models for a Complex World (Innovation, Technology, and Knowledge Management) :: Amazon In many ways, the process of innovation is a constant social dance, where the best dancers thrive by adapting new steps with multiple partne |
 |
Business Model Management :: Amazon "In dynamic and complex markets a well thought out business model can be a critical factor for the success of a company. Bernd Wirtz vividly |
