Experimental networks for business model innovation: A way for incumbents to navigate sustainability transitions?. (December 2021)
- Record Type:
- Journal Article
- Title:
- Experimental networks for business model innovation: A way for incumbents to navigate sustainability transitions?. (December 2021)
- Main Title:
- Experimental networks for business model innovation: A way for incumbents to navigate sustainability transitions?
- Authors:
- Engwall, Mats
Kaulio, Matti
Karakaya, Emrah
Miterev, Maxim
Berlin, Daniel - Abstract:
- Abstract: To navigate sustainability transitions, firms are often prompted to take an active role in business model innovation. Previous research has shown, however, that when attempting to change business models, incumbent firms frequently face challenges concerning the ambiguity of transition pathways. This paper is an inquiry into this intersection between business model innovation and sustainability transitions. Anchored in three case studies of sustainability-driven, pre-commercial projects of emerging technologies, it reveals how groups of organizations collaborate in time-limited, cross-industry networks, to explore potential business models for anticipated, profound, changes in socio-technical systems. Drawing on these findings, the paper introduces the concept of experimental networks and illustrates how experimental networks can facilitate business model innovation in relation to systemic change. By outlining the constituents of the experimental network concept, the paper contributes to theory by uncovering the interplay of interorganizational collaboration and network level business model innovation. In addition, it reveals how experimental networks constitute one way for incumbents to claim agency with respect to emerging sustainability transitions. Highlights: We introduce experimental networks for business model innovation. We delineate this concept from other networks for business model innovation. We present the attributes and benefits of such networks. WeAbstract: To navigate sustainability transitions, firms are often prompted to take an active role in business model innovation. Previous research has shown, however, that when attempting to change business models, incumbent firms frequently face challenges concerning the ambiguity of transition pathways. This paper is an inquiry into this intersection between business model innovation and sustainability transitions. Anchored in three case studies of sustainability-driven, pre-commercial projects of emerging technologies, it reveals how groups of organizations collaborate in time-limited, cross-industry networks, to explore potential business models for anticipated, profound, changes in socio-technical systems. Drawing on these findings, the paper introduces the concept of experimental networks and illustrates how experimental networks can facilitate business model innovation in relation to systemic change. By outlining the constituents of the experimental network concept, the paper contributes to theory by uncovering the interplay of interorganizational collaboration and network level business model innovation. In addition, it reveals how experimental networks constitute one way for incumbents to claim agency with respect to emerging sustainability transitions. Highlights: We introduce experimental networks for business model innovation. We delineate this concept from other networks for business model innovation. We present the attributes and benefits of such networks. We discuss their role in sustainability transitions. … (more)
- Is Part Of:
- Technovation. Volume 108(2021)
- Journal:
- Technovation
- Issue:
- Volume 108(2021)
- Issue Display:
- Volume 108, Issue 2021 (2021)
- Year:
- 2021
- Volume:
- 108
- Issue:
- 2021
- Issue Sort Value:
- 2021-0108-2021-0000
- Page Start:
- Page End:
- Publication Date:
- 2021-12
- Subjects:
- Business model innovation -- Sustainability -- Interorganizational collaboration -- Emerging technology -- Systemic change -- Exploration -- Industrial network -- Project
Technological innovations -- Periodicals
Industrial management -- Periodicals
Innovations -- Périodiques
Gestion d'entreprise -- Périodiques
Electronic journals
658.57 - Journal URLs:
- http://www.sciencedirect.com/science/journal/01664972 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.technovation.2021.102330 ↗
- Languages:
- English
- ISSNs:
- 0166-4972
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 8761.150000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 22675.xml