Skip to main content
SpringerLink
Log in
Book cover

The International Research & Innovation Forum

RIIFORUM 2020: Research and Innovation Forum 2020 pp 421–435Cite as

Redesigning Business Models for Data-Driven Innovation: A Three-Layered Framework

  • Conference paper
  • First Online:

Part of the book series: Springer Proceedings in Complexity ((SPCOM))

Abstract

The paper investigates how big data analysis and analytics can reshape business model design to encourage the co-development of innovation through the application of a data-driven orientation. The main objectives of the study are: (1) to detect the enabling dimensions of business models for the co-development of innovation; (2) to investigate how the enabling dimensions can be oriented strategically toward the emergence of data-driven innovation. The empirical research is based on a case study performed through qualitative content analysis to explore an Italian agrifood company, Amadori. The results obtained allow the introduction of a three-layered framework that can encourage future studies to: (1) investigate business models enablers for value co-creation and the way in which their combination can produce innovation; (2) detect the different data-oriented and management strategies that redefine business models to develop innovation systematically.

This is a preview of subscription content, log in via an institution.

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD   169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

References

  1. R. Amit, C. Zott, Creating value through business model innovation. MIT Sloan Manag. Rev. 53(3), 41–49 (2012)

    Google Scholar 

  2. D. Antons, C. Breidbach, Big data, big insights? Advancing service innovation and design with machine learning. J. Serv. Res. 21(1), 17–39 (2018)

    Article  Google Scholar 

  3. C. Baccarani, G.M. Golinelli, Le parole dell’innovazione. Sinergie 94, 9–14 (2014)

    Google Scholar 

  4. D. Blazquez, J. Domenech, Big data sources and methods for social and economic analyses. Technol. Forecast. Soc. Chang. 130, 99–113 (2018)

    Article  Google Scholar 

  5. N.M. Bocken, S.W. Short, P. Rana, S. Evans, A literature and practice review to develop sustainable business model archetypes. J. Clean. Prod. 65, 42–56 (2014)

    Article  Google Scholar 

  6. H. Chesbrough, Business model innovation: opportunities and barriers. Long Range Plan. 43(2–3), 354–363 (2010)

    Article  Google Scholar 

  7. K.M. Eisenhardt, Building theories from case study research. Acad. Manag. Rev. 14, 532–550 (1989)

    Google Scholar 

  8. N.J. Foss, Knowledge governance in a dynamic global context: the center for strategic management and globalization at the Copenhagen Business School. Eur. Manag. Rev. 4(3), 183–191 (2007)

    Article  Google Scholar 

  9. P.S. Fosso Wamba, Big data analytics and business process innovation. Bus. Process Manag. J. 23(3), 470–476 (2017)

    Article  Google Scholar 

  10. M. Geissdoerfer, D. Vladimirova, S. Evans, Sustainable business model innovation: a review. J. Clean. Prod. 198, 401–416 (2018)

    Article  Google Scholar 

  11. K. Krippendorff, Reliability in content analysis: some common misconceptions and recommendations. Hum. Commun. Res. 30(3), 411–433 (2004)

    Google Scholar 

  12. S. LaValle, E. Lesser, R. Shockley, M.S. Hopkins, N. Kruschwitz, Big data, analytics and the path from insights to value. MIT Sloan Manag. Rev. 52(2), 21–32 (2011)

    Google Scholar 

  13. S.M. Lee, S. Trimi, Innovation for creating a smart future. J. Innov. Knowl. 3(1), 1–8 (2018)

    Article  Google Scholar 

  14. S. Lee, D. Olson, S. Trimi, Co-innovation: convergence, collaboration, and co-creation for organizational values. Manag. Decis. 50(5), 817–831 (2012)

    Article  Google Scholar 

  15. F. Li, The digital transformation of business models in the creative industries: a holistic framework and emerging trends. Technovation 92–93, 102012 (2018)

    Google Scholar 

  16. Z. Lindgardt, M. Reeves, G. Stalk, M.S. Deimler, Business Model Innovation. When the Game Gets Tough, Change the Game (The Boston Consulting Group, Boston, MA, 2009)

    Google Scholar 

  17. G. Losito, L’analisi del contenuto nella ricerca sociale, vol. 1 (Franco Angeli, Milan, 1996)

    Google Scholar 

  18. M. Lytras, A. Visvizi, Who uses smart city services and what to make of it: toward interdisciplinary smart cities research. Sustainability 10(6), 1998 (2018)

    Article  Google Scholar 

  19. M.D. Lytras, V. Raghavan, E. Damiani, Big data and data analytics research: from metaphors to value space for collective wisdom in human decision making and smart machines. Int. J. Semant. Web Inf. Syst. (IJSWIS) 13(1), 1–10 (2017)

    Article  Google Scholar 

  20. A. McAfee, E. Brynjolfsson, Big data: the management revolution. Harv. Bus. Rev. 90(1), 61–67 (2012)

    Google Scholar 

  21. V. Ortiz-Repiso, J. Greenberg, J. Calzada-Prado, A cross-institutional analysis of data-related curricula in information science programmes: a focused look at the iSchools. J. Inf. Sci. 44(6), 768–784 (2018)

    Google Scholar 

  22. V. Ramaswamy, K. Ozcan, The Co-Creation Paradigm (Stanford University Press, Stanford, CA, 2014)

    Book  Google Scholar 

  23. D. Teece, Business models, business strategy and innovation. Long Range Plan. 43(2–3), 172–194 (2010)

    Article  Google Scholar 

  24. W. Tellis, Application of a case study methodology. Qual. Rep. 3, 1–19 (1997)

    Google Scholar 

  25. D. Trabucchi, L. Talenti, T. Buganza, How do big bang disruptors look like? A business model perspective. Technol. Forecast. Soc. Chang. 141, 330–340 (2019)

    Article  Google Scholar 

  26. O. Troisi, M. Grimaldi, A. Monda, Managing smart service ecosystems through technology: how ICTs enable value cocreation. Tour. Anal. 24(3), 377–393 (2019)

    Article  Google Scholar 

  27. A. Visvizi, M.D. Lytras, E. Damiani, H. Mathkour, Policy making for smart cities: innovation and social inclusive economic growth for sustainability. J. Sci. Technol. Policy Manag. 9(2), 126–133 (2018)

    Article  Google Scholar 

  28. R.K. Yin, Case Study Research (Sage, Thousand Oaks, CA, 1984)

    Google Scholar 

  29. Y. Zhan, K.H. Tan, R.K. Perrons, A proposed framework for accelerated innovation in data-driven environments. Ind. Manag. Data Syst. 118(4) (2018)

    Google Scholar 

  30. J. Zhang, S.E. Beatty, D. Mothersbaugh, A CIT investigation of other customers’ influence in services. J. Serv. Mark. 24(5), 389–399 (2010)

    Article  Google Scholar 

  31. C. Zott, R. Amit, L. Massa, The business model: recent developments and future research. J. Manag. 37(4), 1019–1042 (2011)

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. University of Salerno, Via Giovanni Paolo II, 132, 84084, Fisciano, SA, Italy

    Orlando Troisi & Mara Grimaldi

  2. University of Rome “La Sapienza”, Via del Castro Laurenziano, 9, 00161, Rome, Italy

    Francesca Loia

Authors
  1. Orlando Troisi
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Mara Grimaldi
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Francesca Loia
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Mara Grimaldi .

Editor information

Editors and Affiliations

  1. Research & Innovation Institute (Rii), Warsaw, Poland

    Anna Visvizi

  2. Effat University, Jeddah, Saudi Arabia

    Miltiadis D. Lytras

  3. Faculty of Computing and Information Technology, King Abdulaziz University, Jeddah, Saudi Arabia

    Naif R. Aljohani

Rights and permissions

Reprints and permissions

Copyright information

© 2021 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Troisi, O., Grimaldi, M., Loia, F. (2021). Redesigning Business Models for Data-Driven Innovation: A Three-Layered Framework. In: Visvizi, A., Lytras, M.D., Aljohani, N.R. (eds) Research and Innovation Forum 2020. RIIFORUM 2020. Springer Proceedings in Complexity. Springer, Cham. https://doi.org/10.1007/978-3-030-62066-0_32

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-62066-0_32

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-62065-3

  • Online ISBN: 978-3-030-62066-0

  • eBook Packages: EducationEducation (R0)

Publish with us

Policies and ethics

Search

Navigation