A framework for business model with strategic innovation in ICT firms: the importance of information

Faghih, Nezameddin and Dastourian, Banafsheh and Sajadi, Seyyed Mojtaba and Henten, Andres and Foroudi, Pantea (2018) A framework for business model with strategic innovation in ICT firms: the importance of information. The Bottom Line, 31 (1). pp. 16-41. ISSN 0888-045X

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Abstract

Purpose – What is a business model framework with the strategic innovation approach in the SMEs of ICT industry? What are the components of this model and the relations between them? Business model is a logical response to how a business can create value. Changing business environment means that business models are rapidly growing; accordingly, innovation is no longer optional. However, innovation is important in general, but the kind of innovation that is widely and directly dependent on business model will be quite critical for all parts of the organization. In fact, Business Model Innovation is an exquisite technic to create, deliver, and earn value by changing one or more components of a typical business model.

Design/methodology/approach – The present paper focuses upon SMEs in ICT. Grounded Theory had used for this purpose with 15 interviews.

Findings – Emerging market is the market in which commercial exchanges of a particular industry between the countries are relatively new but with great investment attractiveness and also a high potential to grow (such as Iran).Since the ICT industry of Iran is a leader industry, and the country itself is an emerging market, the main purpose of this study is to provide a framework for designing an innovative information-based business to help fledgling businesses development in ICT industry of Iran.

Originality/value – The purpose for writing the article is to help accurate and distinct understanding of the business model concept and critical steps in designing an appropriate business model. The conducted studies that simultaneously dealt with the business model and strategic innovations are few and there was no research observed in Persian sources by the time the proposal was written?

Item Type: Article
Research Areas: A. > Business School > Marketing, Branding and Tourism
Item ID: 23334
Notes on copyright: This article is © Emerald Group Publishing and permission has been granted for this version to appear here (https://eprints.mdx.ac.uk/). Emerald does not grant permission for this article to be further copied/distributed or hosted elsewhere without the express permission from Emerald Group Publishing Limited. This is the accepted version of the manuscript "A framework for business model with strategic innovation in ICT firms: the importance of information", published in the journal "The Bottom Line" available via the journal site at: https://doi.org/10.1108/bl-01-2018-0002
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Depositing User: Pantea Foroudi
Date Deposited: 16 Jan 2018 14:31
Last Modified: 07 Dec 2018 08:18
URI: http://eprints.mdx.ac.uk/id/eprint/23334

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