doi: 10.18178/joebm.2023.11.4.754
Business Model Research in the Age of Digitalization—A Systematic Literature Research for the Derivation of a Taxonomy of Business Models in the Manufacturing Industry
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S. Schümmelfeder *
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- Laboratory of Machine and Tools and Production Engineering (WZL), RWTH Aachen University, Aachen, Germany.
Abstract
Advancing digitalization and its impact on business models leads to various streams in research that emerge in parallel and provide different explanatory and systematization approaches of digital business models. The large number of contributions induces fragmented concepts and unclear terminologies. In particular, most existing conceptualizations neglect the examination of the business model concept taking into consideration the advancing digitalization, especially in the manufacturing industry, or only consider domain-specific aspects. Therefore, there is a lack of systematic approaches to structure the research area. This unclear understanding of the terminology leads to challenges in practice. In addition, in most cases, companies have only fuzzy ideas of what characterizes business model innovation in the digital age and which element form a digital business models. Thus, the following contribution is devoted to a systemization of the questioned research field in order to enable further research initiatives and to support companies to develop digital business models.
Keywords
- Digital business model
- manufacturing industry
- business model innovation
- digitalization
- taxonomy
How to Cite
M. Riesener, M. Kuhn, S. Schümmelfeder, and G. Schuh, "Business Model Research in the Age of Digitalization—A Systematic Literature Research for the Derivation of a Taxonomy of Business Models in the Manufacturing Industry," Journal of Economics, Business and Management, vol. 11, no. 4, pp. 157-168, 2023. https://doi.org/10.18178/joebm.2023.11.4.754
Copyright & License
Copyright © 2023 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).