Digital technology and business model innovation: A systematic literature review and future research agenda
2023 (English)In: Technological forecasting & social change, ISSN 0040-1625, E-ISSN 1873-5509, Vol. 188, article id 122307Article, review/survey (Refereed) Published
Abstract [en]
Digital technologies (e.g. Industry 4.0, Internet of Things, cloud computing, big data, blockchain, etc.), are profoundly affecting companies' activities and processes, thus leading to changes in firms' value creation, value delivery, and value capture mechanisms. Yet, despite significant investments in digital technologies and digital transformation, firms are struggling to yield the most out of them, thereby facing a digital paradox. This scenario has drawn the attention of academics and practitioners leading to a growing body of literature on the rela-tionship between digital technology and business model innovation. Yet, the extant academic research in this area appears highly fragmented. Hence, this study conducts a systematic literature review to gather and syn-thesize the extant knowledge on this topic. The review identifies four main thematic areas, provides an inter-pretative framework, and suggests valuable future research directions within each thematic area. The article contributes to the theoretical and managerial discussion on digital-driven business model innovation.
Place, publisher, year, edition, pages
Elsevier, 2023. Vol. 188, article id 122307
Keywords [en]
Digital technology, Digitalization, Digital transformation, Business model innovation, Business model change, Literature review
National Category
Business Administration
Identifiers
URN: urn:nbn:se:uu:diva-498076DOI: 10.1016/j.techfore.2022.122307ISI: 000925056100001OAI: oai:DiVA.org:uu-498076DiVA, id: diva2:1742953
2023-03-132023-03-132023-03-13Bibliographically approved