The business model innovation (BMI) perspective provides a holistic approach to organisational innovation that helps to keep the big picture in mind, observes Patrick Spieth, University of Kassel, chair of track 3.1 at the 2025 R&D Management Conference.
Maintaining the big picture
Managers responsible for research and development or innovation management within their organization possibly focus predominantly on individual aspects of the PDMA categories when aiming to innovate their organisation. However there can be benefits in taking a bigger picture view, Patrick argues.
While Associate Editor for R&D Management Journal (01.01.2014 bis 31.12.2018) he edited two special issues on business model innovation (2014 and 2016) and has published several recent papers:
- Klein, S.; Spieth, P.; Ricart, J.E.; Noble, C.H. (forthcoming): How Media Coverage Elicits Strategic Change: The Moderating Role of the Business Model Design, in: Strategic Management Journal https://doi.org/10.1002/smj.3688
- Spieth, P.; Breitenmoser, P.; Röth, T. (2025): Business Model Innovation: Integrative Review, Framework, and Agenda for Future Innovation Management Research, in: Journal of Product Innovation Management, 42(1), 166-193. https://doi.org/10.1111/jpim.12704
- Schneckenberg, D., Matzler, K., & Spieth, P. (2022). Theorizing business model innovation: an organizing framework of research dimensions and future perspectives. R&D Management, 52(3), 593–609. https://doi.org/10.1111/radm.12506
Track 3.1 Business Models and Business Model Innovation
Business model innovation has been defined as the ‘designed, novel, non-trivial changes to the key elements of a firm’s business model’, which is a boundary-spanning activity systems encompassing value creation, value capture, and value delivery activities.
With the digital transformation, business model innovation has given a competitive advantage to newcomers that has reduced the business longevity, it is thus an important area of discussion and research.
R&D Management Conference 2025:
Innovation & Biodiversity
Institute of Management of Scuola Superiore Sant’Anna, Pisa
30 June – 2 July 2025
Track 3.1 Business Models and Business Model Innovation
Track chair:
Patrick Spieth, University of Kassel, Germany
Co-chairs:
Joan Enric Ricart, IESE Business School, Spain
Kristel Miller, Ulster University, Northern Ireland
Dirk Schneckenberg, ESC Rennes School of Business, France
