Effective business model innovation: The impact of new technologies and firm resources

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Business model innovation (BMI) is increasingly been seen as necessary to remain competitive in an increasingly unpredictable business environment. Firms can optimize the impact by embracing relevant Industry 4.0 technologies and creating synergies between key resources identified as important BMI enablers.

Originality/value

This briefing saves busy executives and researchers’ hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2022), "Effective business model innovation: The impact of new technologies and firm resources", Strategic Direction, Vol. 38 No. 8, pp. 14-17. https://doi.org/10.1108/SD-07-2022-0068