Entrepreneurial and Small Business Operations Commons^™

Business Model Innovation: A Review And Research Agenda, Boumediene Ramdani, Ahmed Binsaif, Elias Boukrami

New England Journal of Entrepreneurship

Purpose – The aim of this paper is to review and synthesise the recent advancements in the business model literature and explore how firms approach business model innovation. Design/methodology/approach – A systematic review of business model innovation literature was carried out by analysing 219 papers published between 2010 and 2016. Findings – Evidence reviewed suggests that rather than taking either an evolutionary process of continuous revision, adaptation and fine-tuning of the existing business model or a revolutionary process of replacing the existing business model, firms can explore alternative business models through experimentation, open and disruptive innovations. It was also found …