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A Conceptual Framework for Business Model Innovation: The Case of Electric Vehicles in China
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TLDR
In this paper, a 3-7 system and a two-phase conceptual frame-work for business model (BM) innovation of EVs is proposed. And the case of Shenzhen City, China is studied to illustrate how the "3-7" system and two phase conceptual framework is applied.Abstract:
EVs (electric vehicle), as sustainable technologies, hold the potential to achieve the sustainability of the transport system and challenge the prevailing business models of internal combustion engines (ICEs). To unlock the dominant logic of ICEs and promote the diffusion of EVs, Business model (BM) innovation is necessary. However, BM innovation for EVs still faces many obstacles. This paper makes contribution theoretically and practically by constructing a “3-7” system and proposing a two-phase conceptual frame-work for BM innovation of EVs. The case of Shenzhen City, China is studied to illustrate how the “3-7” system and two-phase conceptual framework is applied. Based on the case study, this paper concludes two new barriers that are not highlighted by the previous literature and makes a number of suggestions to help address the issues found in BM innovation.read more
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References
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Book
Strategic Management: A Stakeholder Approach
TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
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Business Models, Business Strategy and Innovation
TL;DR: In this paper, the authors explore the significance of business models and explore their connections with business strategy, innovation management, and economic theory, and understand how the enterprise can organize to best meet customers' needs, get paid for doing so, and make a profit.
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Value creation in E-business
Raphael Amit,Christoph Zott +1 more
TL;DR: In this article, the authors explore the theoretical foundations of value creation in e-business by examining how 59 American and European e-Businesses that have recently become publicly traded corporations create value.
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The Business Model: Recent Developments and Future Research
TL;DR: This article provided a broad and multifaceted review of the received literature on business models in which the authors examined the business model concept through multiple subject-matter lenses and found that scholars do not agree on what a business model is and that the literature is developing largely in silos according to the phenomena of interest of the respective researchers.