Since its inception over two decades ago, the theory of disruptive innovation has sparked
heated discussions. Especially because of the increasing importance of societal influences …

The concept of disruptive innovation has gained considerable currency among practitioners
despite widespread misunderstanding of its core principles. Similarly, foundational research …

This article reviews the literature on business models in process industries. The review
reveals that the business model concept has gained an increasing amount of attention in …

New ventures face both liabilities of newness and smallness, which may inhibit their
innovation efforts and output. However, existing research has not clearly distinguished …

Schumpeter famously popularized “creative destruction” as the process whereby new
entrants replaced existing firms. In most cases, however, some incumbent firms survive and …

Everyday experiences speak to the accelerated pace of innovation in this era of continual
change. Sometimes, innovations enhance the value of existing products and services. At …

Prior research indicates that search practices are an important part of the innovation
process. But where established firms search for different innovation types is not clear …

ABSTRACT A vast literature exists on disruptive technologies. However, some fundamental
questions are unknown, such as: how to measure the growth of disruptive technologies in …

Studies on business model innovation have generally focused on large corporations to the
neglect of small-and medium-sized enterprises. On the way towards BMI, corporate social …

In the past decade, the business model has emerged as a fundamental strategic and
organizational concept. In this essay, we first “look back” to synthesize recent research on …