2013
DOI: 10.1504/ijpd.2013.055012
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The 4I-framework of business model innovation: a structured view on process phases and challenges

Abstract: Business model innovation has received rising attention as a means for firms to achieve superior performance. Yet, as we argue based on a review of related literature, the research field so far lacks a comprehensive framework that supports managers in their endeavour to innovative their firms' business models. Based on process models from innovation management literature and insights from 14 cases of past business model innovations, we develop the 4I-framework that structures the business model innovation proc… Show more

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Cited by 304 publications
(346 citation statements)
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References 43 publications
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“…Mentink [11] (p. 34) used a similar approach to the business model as Frankenberger et al [75], and outlined the changes of business model components needed for developing a more circular service model, such as: (1) Sales model-a shift from selling volumes of products towards selling services and retrieving products after first life from customers (2) Product design/material composition-the change concerns the way products are designed and engineered to maximize high quality reuse of product, its components and materials (3) IT/data management-in order to enable resource optimization a key competence is required, which is the ability to keep track of products, components and material data (4) Supply loops-turning towards the maximization of the recovery of own assets where profitable and to maximization of the use of recycled materials/used components in order to gain additional value from product, component and material flows (5) Strategic sourcing for own operations-building trusted partnerships and long-term relationships with suppliers and customers, including co-creation (6) HR/incentives-a shift needs adequate culture adaptation and development of capabilities, enhanced by training programs and rewards…”
Section: Componentsmentioning
confidence: 99%
See 1 more Smart Citation
“…Mentink [11] (p. 34) used a similar approach to the business model as Frankenberger et al [75], and outlined the changes of business model components needed for developing a more circular service model, such as: (1) Sales model-a shift from selling volumes of products towards selling services and retrieving products after first life from customers (2) Product design/material composition-the change concerns the way products are designed and engineered to maximize high quality reuse of product, its components and materials (3) IT/data management-in order to enable resource optimization a key competence is required, which is the ability to keep track of products, components and material data (4) Supply loops-turning towards the maximization of the recovery of own assets where profitable and to maximization of the use of recycled materials/used components in order to gain additional value from product, component and material flows (5) Strategic sourcing for own operations-building trusted partnerships and long-term relationships with suppliers and customers, including co-creation (6) HR/incentives-a shift needs adequate culture adaptation and development of capabilities, enhanced by training programs and rewards…”
Section: Componentsmentioning
confidence: 99%
“…There are quite many conceptual frameworks of business models in general [75,[77][78][79][80][81][82]. Thus, a further systematization became a reasonable direction of research.…”
Section: Conceptual Modelsmentioning
confidence: 99%
“…The success of certain business models based on new ways of SCP, give a glimpse at the opportunities for new business models in different industries [78].…”
Section: Discussion and Limitations Of The Studymentioning
confidence: 99%
“…Since then, the notion has attracted a growing interest both in scientific and managerial debate (Casadesus-Masanell and Zhou, 2013;Enev and Liao, 2014;Frankenberger et al, 2013;Girotra and Netessine, 2014;Zott et al, 2011). Currently, it is possible to state that, from a scientific point of view, the notion of BM has become a mainstream topic in different research streams (Wirtz et al, 2016).…”
Section: The Notion Of Business Model (Bm)mentioning
confidence: 99%
“…This can result in delivering value in a new way, to go beyond single-function strategies and to change use of technologies (Frankenberger et al, 2013). Accordingly, it is important to distinguish business model innovation from product, service or technological innovation (Baden-Fuller and Haefliger, 2013).…”
Section: The Notion Of Business Model Innovation (Bmi)mentioning
confidence: 99%