Thus, the growing body of business model literature contains qualitative research. The book provides a clear framework for understanding the components of business model innovation, and using it to grow a wide range of businesses. Professor afuahs honors also include the mba teacher of the year award when there was only one mba award. Hypothesize a thoughtful, creative strategy and business model design the customer experience and supporting business model refine the design to make it truly breakthrough market your innovation to realize its full potential proceed through each stage of the process by. Business model innovation allan afuah, allan afuah. This combination of product innovation and business model innovation bmi put apple at the center of a market approximately 30 times larger than its original market. Apples success resulted from its ability to define a workable business model for downloading musicsomething that had eluded the music industry for years. Rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization. Download pdf innovation management effective strategy and implementation book full free. Using multifunctional research from economics, organisational theory, general management and marketing, and strategy literature, innovation management, 2ed, provides a systematic approach to the strategies and processes that underlie the financial results of innovation. Innovation management allan afuah oxford university press. Kop business model innovation av allan afuah, allan afuah pa. A strategic management approach by allan afuah represents a new kind of book.
Components of a business model foundation for business model innovation 2. Other readers will always be interested in your opinion of the books youve read. Designed to meet the increasing number of courses in innovation management, the text provides full coverage of this vitally important area of business. Professor afuah s honors also include the mba teacher of the year award when there was only one mba award. The theoretical rationale for a framework for appraising the. Download for offline reading, highlight, bookmark or take notes while you read business model innovation.
Allan afuah,associate professor of corporate strategy and international business allan afuah 1998 corporations. This cited by count includes citations to the following articles in scholar. Oct 08, 20 the theoretical rationale for a framework for appraising the profitability potential of a business model innovation. Concepts, analysis, and cases by allan afuah free pdf 2 avril 2020 ramon a. Innovation management strategies, implementation, and profits. Business model innovation allan afuah, allan afuah ebok. Updated with allnew cases, this second edition of the musthave for those looking to. In particular, we will explore the following concepts and tools in detail figure 1. Business model innovation afuah allan,afuah allan isbn. Concepts, analysis, and cases, edition 2 ebook written by allan afuah. Rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and an increasingly knowledgeintensive economy. Areas business model innovation crowdsourcing and open innovation crowdsruptive innovation disruptive technologies impact of technological discontinuities on ecosystems. I prefer business model scheme and its components presented in allan afuahs business model innovation customer value proposition, market segments, revenue model, growth model and capabilities resources and capabilities as a glue inside as it distinguishes the.
Areas business model innovation crowdsourcing and open innovation. Allan afuah business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation. Professor of corporate strategy and international business, ross school of. It is therefore no surprise that the phrase business model is increasingly finding its way into ceo speech after speech and in business school functional. Business model innovation afuah 2 and increasingly very digital economies. Jan 01, 2014 rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and an increasingly knowledgeintensive economy. Appraising the profitability potential of business. Pdf the phrase business model has found its way into the vocabulary of just. Abstract innovation has frequently been categorized as either radical, incremental, architectural, modular or niche. Semantic scholar profile for allan afuah, with 187 highly influential citations and 32 scientific research papers. While the original concept of oi is firmcentric, the literature links it to various related innovation phenomena, such as users as innovators bogers, afuah, and bastian 2010. Business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and an increasingly knowledgeintensive. Design of tournamentbased crowdsourcing for business model innovation.
Concepts, analysis, and cases ebook written by allan afuah. He expands mark johnsons definition of business model innovation 1 to include the customer value proposition, market segments, revenue models, growth models, and. Part i introduction 1 chapter 1 introduction to business model innovations 3 chapter 2 appraising the profitability potential of business model innovations 25 part ii opportunities and. Everyday low prices and free delivery on eligible orders. Innovation management hardcover allan afuah oxford. The theoretical rationale for a framework for appraising. His sixth book, business model innovation, incorporates concepts such as crowdsourcing, multisided platforms, the long tail, social media, disruptive technologies, open innovation, and lessismore innovations.
Whether youve loved the book or not, if you give your honest and detailed thoughts then people will find new books that are right for them. The business model is a relatively new concept in entrepreneurship and strategic management literature. Using multifunctional research from economics, organizational theory, general management and marketing, and strategy literature, innovation management, 2e, provides a systematic approach to the strategies and processes that underlie the financial results of innovation. Design the customer experience and supporting business model refine the design to make it truly breakthrough market your innovation to realize its full potential. Rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and an increasingly knowledge. A critical assessment of business model research by lorenzo massa christopher tucci allan afuah abstract ever since the internet boom of the mid1990s, firms have been experimenting with new ways of doing business and achieving their goals, which has led to a branching of the scholarly literature on business models.
Claiming your author page allows you to personalize the information displayed and manage publications all current information on this profile has been aggregated automatically from publisher and metadata sources. Mar 18, 2014 allan afuah s extensive and timely treatment of business model innovation excels in both breadth and depth of coverage. Business models develop through predictable stages over time and executives need to understand the priorities associated with each business model. Ross school of business university of michigan 701 tappan st. Business model innovation crowdsourcing open innovation strategic innovation gamechanging innovations. Ensure your research is discoverable on semantic scholar.
Business model innovation ebok allan afuah, allan afuah. Business model innovation concepts, analysis, and cases allan. The key to the profitability of any business model is the resources and activities that are at the core of the business model afuah, 2004. Business model innovation concepts, analysis, and cases allan afuah routledge g % taylors francis croup new york and london. Brian quinn professor in technology and strategy, dartmouth university, usa for a while now allan afuah has been a leading thinker in the areas of business model development, innovation management, and strategic analysis. Allan afuahs extensive and timely treatment of business model innovation excels in both breadth and depth of coverage. Updated with allnew cases, this second edition of the musthave for those looking to grasp the. Pdfbocker lampar sig inte for lasning pa sma skarmar, t ex mobiler. Theoretical roots, recent developments and future research introduction in recent years, the business model has been the focus of substantial attention by both academics and practitioners. I was inspired to write business model innovation after a study by mckinsey suggested that business model innovations were more profitableon averagethan product.
Pdf on jan 1, 2007, peter lindgren and others published business model innovation find, read and cite all the research you need on researchgate. Business model is used to describe a companys unique value proposition the business concept, how the firm uses its sustainable compet1t1ve advantage to perform better than its rivals over time strategy, and whether, as well as how, the firm can make money now and in the future revenue model. Buy business model innovation 2 by afuah, allan isbn. The hard truth about business model innovation is that it is not the attributes of the innovator that principally drive success or failure, but rather the nature of the innovation being attempted. Business models are about making money and most firms are in business to make money a profit. Drawing from his extensive professional and academic experience, allan afuah shows the relationship between innovation, a management function, and profitability, a financial function. Summary rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and an. Innovation after allan afuah 2002 service that customers will want. Rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and. Download pdf business models a strategic management. Innovation is the key to gaining and maintaining a competitive advantage in the business world. Author afuah, allan subjects strategic planning mathematical models industrial management mathematical models competition. Concepts, analysis, and cases allan afuah rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and an increasingly knowledge.
Allan afuah s extensive and timely treatment of business model innovation excels in both breadth and depth of coverage. I then illustrate how the framework could work by applying it to quirkys crowdsourcing business model innovation. Rooted in strategic management research, business model innovat. Explore speaker sessions haven for exploration and radical thinking. For anyone interested in understanding business model innovation, this is a musthave book. University of copenhagen department of food and resource economics ifro, eth zurich, university of michigan at ann arbor corporate strategy and international business, esade business school, purdue university research center for open digital innovation rcodi, esmt european school of management and technology, aarhus university school. Business model innovation falls under the heading of value. Difference between product innovation and business model innovation 3. It is therefore no surprise that the phrase business model is increasingly finding its way into ceo speech, and in business school functional areas such as accounting, finance, marketing and strategy.
Text and cases, we draw on research in strategic management and the management of technology to develop an integrative framework that allows readers to. Rooted in strategic management research, business model innovation explores the concepts, tools, and techniques that enable organizations to gain andor maintain a competitive advantage in the face of technological innovation, globalization, and an increasingly. Afuah cv april 2020 michigan ross university of michigan. Business model innovation, circular economy, closedloop. The argument that underpins the derivation of the framework is simple. The theoretical rationale for a framework for appraising the profitability potential of a business model innovation.
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