1,720,986 research outputs found

    Designing a Visual Inquiry Tool for Business Model Innovation

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    This paper explores the critical role of visual inquiry tools (VIT) in overcoming cognitive barriers to Business Model Innovation (BMI), especially within the context of digital innovation. While existing tools have shown promise, they often fall short in addressing the specific cognitive barriers tied to business model transformation and lack a theoretical foundation. To bridge this gap, we followed the principles of Design Science Research and Design Theory and designed the "Transformative Strategic Thinking"(TST) tool. The TST tool is a visual inquiry tool designed to facilitate BMI by stimulating the creative thinking abilities needed to challenge the dominant business model logic and experiment with alternative scenarios. In this paper, we present the main phases of our design journey

    Transformative Strategic Thinking: The Art of Disciplined Business Creativity

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    The success stories of industry giants like Amazon, Uber, and Airbnb reveal a crucial insight: Thriving in today's market isn't just about innovative products or cutting-edge technology-it's about pioneering business models. This book introduces the Transformative Strategic Thinking (TST) toolkit, a creative thinking methodology designed for businesses eager to embrace change and explore new business model scenarios. The TST toolkit combines analytical tools for evaluating current business models with five transformational practices for experimenting with new ones. Concluding with real-life success stories of three entrepreneurs who navigated disruptive innovations and black swan events through the TST approach, this book provides a hands-on perspective on transforming business models. Different from traditional strategy literature, this book doesn't offer off-the-shelf formulas but empowers you to think creatively. With step-by-step guidance, visual collaboration tools, real-world case examples, exercises, and design tips, you will learn to dissect your current business model, identify areas for improvement, and foster a creative approach to developing new models. Targeted at forward-thinking managers, daring entrepreneurs, aspiring business leaders, and ambitious startup founders, the TST toolkit equips them to challenge conventional business models and design innovative ones. It is equally valuable for students and enthusiasts of business design, design thinking, and entrepreneurship

    Addressing Sustainability in Innovation Ecosystems: the role of policies and institutions

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    Sustainability is one of the most debated topics of the 21 st century, especially regarding innovation. This study analyzes the role of policy-makers in two innovation ecosystems to study how they address sustainability objectives at regional levels. We conduct a comparative case study analysis on two innovative regions, Stockholm (Sweden) and Hovedstaden (Denmark), where sustainability goals are a priority in both countries’ policy strategies. The main results suggest that while the Stockholm region prioritizes the increase of competitiveness and attractiveness level of the region, Hovedstaden focuses mainly on SMEs’ growth and innovation output at the organizational level

    Addressing Sustainability in Innovation Ecosystems: the role of policies and institutions

    No full text
    Sustainability is one of the most debated topics of the 21 st century, especially regarding innovation. This study analyzes the role of policy-makers in two innovation ecosystems to study how they address sustainability objectives at regional levels. We conduct a comparative case study analysis on two innovative regions, Stockholm (Sweden) and Hovedstaden (Denmark), where sustainability goals are a priority in both countries’ policy strategies. The main results suggest that while the Stockholm region prioritizes the increase of competitiveness and attractiveness level of the region, Hovedstaden focuses mainly on SMEs’ growth and innovation output at the organizational level
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