Business model(BM) innovation is widely known as a differentiated strategy and strategic framework for companies to secure a sustainable competitive advantage in an uncertain environment. While prior research has studied new business models in accordance with changes in manufacturing trends such as digitalization and servitization, empirical understanding of the dynamic processes of BM innovation is still lacking. This study addresses this gap by proposing an analytical framework of the BM innovation matrix that classifies companies' BM innovation cases into four types according to the degree of BM change and the influential level of the industry/market outcome through a critical literature review on business models and dynamics. Drawing on this framework, we conduct longitudinal case studies of leading global 3D printing firms to examine the dynamic processes and external environmental factors that shape the evolution of BM innovation. Our findings reveal previously underexplored patterns of co-evolution between firms’ business models and their broader industrial and market environments. This study has the significance of constructing a framework for dynamically analyzing BM innovation based on longitudinal case studies of emerging 3D printing companies. We presented implications for companies seeking successful commercialization of emerging technologies, such as the strategic usefulness of the BM innovation framework and the importance of co-evolution with industrial structure and environmental factors in the process of change.
We don't have time to waste, time is running, and the global warming is an issue that concerns to all of us. Information technology, which on a global level is responsible for 2% of emission of greenhouse gases. However, the remaining 98% is seen as an opportunity for IT to help our planet, our companies and our society. The purpose of this paper is to analyze green information technology (IT) initiatives and their strategic impact. And to have done this, we develope and create a very useful balanced-scorecard framework to explain, understand, and identify the direct and indirect contribution of green IT initiatives. The green IT evaluation framework, called here a sustainable green IT balanced scorecard, integrates the four BSC-IT perspectives with the Zuboff's automate/informate goals of information systems and the contribution of the sustainability (economic, social and environment). This study also seeks to answer the following questions: 1) what are the driving forces for implementing green IT initiatives? 2) How can an analytical framework be built to systematically analyze the benefits and strategic contribution of green IT initiatives? And 3) how green IT initiatives impact the strategic goals of a firm and how they can contribute to the triple bottom line? The framework demonstrates to be useful as a management tool to hopefully integrate environmental and social management with the general management of a company. Besides, the strategy map and measures for each cell of the framework are provided.