The concept of the business model has garnered the attention of business administration researchers and professionals for over 50 years, and especially since the last decade of the 20th century, as a result of the appearance and widespread use of the internet in business. Despite the large...

This paper discusses the AT&T/Time Warner merger and how the evolution of new business models led to this vertically integrated merger. Using inter-disciplinary insights from competition policy and business management, this article discusses the evolution of business models in the media...

The article analyzes the effects of Artificial Intelligence (AI) on Business Model Innovation. It shows that AI enables key strategic feedback loops that constitute the core structure of a business model. The article provides a framework and discusses implications for managers and entrepreneurs...

We have many useful frameworks for formulating business strategy, i.e., devising a theory of how to compete. Frameworks for strategy execution are comparatively fragmented and idiosyncratic. This paper proposes a business model framework to link the firm's theory about how to compete to its...

With the expansion of distributed energy resources and the phaseout of the feed-in-tariff schemein Germany, self-consumption and electricity sharing within a community of prosumers are becoming more profitable. This paper derives optimal business models for a sustainable peer-to-peer (P2P)...

Business model innovation is critical to firm survival and success. Digital revolution has reshaped value-creation methods in recent years, spawning various novel business models. However, we still have limited understanding of how a start-up's business model innovation efforts translate into...

In the context of globalization, the process of value creation is becoming more complex, exposed to greater risks for companies, partners, and customers. Moreover, modern digital technologies, such as the use of digital twin technology, can increase the use of geographically dispersed work teams...

While dynamic capabilities (DCs) are recognized as an important enabler of digital transformation, research lacks knowledge about the underlying challenges and adequate responses of building these capabilities. More specifically, this study aims to shed light into successful digital business...

In this paper, we look at how the major Danish newspapers are responding to the challenges posed by the decreasing sales of the printed newspapers and advertising space, through growing online advertising and various technological innovations. We approach the theme from the business model...

The digital transition of museums and cultural heritage institutions has gained momentum with the increasing demand for digital experiences, especially against the COVID-19 pandemic. This paper explores the existence and development of business models for museum operations in the digital age....