Toward Understanding the Complexity of Business Models - a Taxonomy of Business Model Dependencies

Digital innovation accentuates the importance of technical and economic dependencies existing within and between business models. Companies such as Amazon, Facebook, and Salesforce are known for creating ecosystems in which business model dependencies are a crucial part of success. However, despite the steadily growing interest in business models in various disciplines, including management and information systems, there is no consensus to date about the constituent elements of business model dependencies. Current business model designers and users of modeling languages fail to comprehensively understand such dependencies. To address this gap, we investigate business model dependencies by developing a taxonomy which identifies common characteristics on the basis of a literature review, fourteen business model modeling languages and 95 real-world examples. The resulting taxonomy, consisting of thirteen dimensions, provides a framework for empirical validation, and contributes to research and progress on business model modeling languages.

[1]  Dennis Kundisch,et al.  Visual Languages for Modeling Business Models: A Critical Review and Future Research Directions , 2017, ICIS.

[2]  Mark de Reuver,et al.  The digital platform: a research agenda , 2018, J. Inf. Technol..

[3]  Robert Winter,et al.  Essential Layers, Artifacts, and Dependencies of Enterprise Architecture , 2006, 2006 10th IEEE International Enterprise Distributed Object Computing Conference Workshops (EDOCW'06).

[4]  Maximilian Röglinger,et al.  Understanding FinTech start-ups – a taxonomy of consumer-oriented service offerings , 2017, Electronic Markets.

[5]  Jan Muntermann,et al.  A method for taxonomy development and its application in information systems , 2013, Eur. J. Inf. Syst..

[6]  R. Amit,et al.  The fit between product market strategy and business model: implications for firm performance , 2008 .

[7]  Erwin Fielt,et al.  Business model tooling: where research and practice meet , 2020, Electronic Markets.

[8]  Tobias Bachmeier,et al.  Business Model Generation A Handbook For Visionaries Game Changers And Challengers , 2016 .

[9]  Youngjin Yoo,et al.  Distributed Tuning of Boundary Resources: The Case of Apple's iOS Service System , 2015, MIS Q..

[10]  C. Parolini The Value Net: A Tool for Competitive Strategy , 1999 .

[11]  K. Voigt,et al.  The influence of the Industrial Internet of Things on business models of established manufacturing companies – A business level perspective , 2017 .

[12]  M. Hellström,et al.  Collaboration mechanisms for business models in distributed energy ecosystems , 2015 .

[13]  R. Amit,et al.  The Business Model: Recent Developments and Future Research , 2011 .

[14]  D. Teece Business Models, Business Strategy and Innovation , 2010 .

[15]  Helmut Krcmar,et al.  Value co-creation practices in business-to-business platform ecosystems , 2019, Electronic Markets.

[16]  Ramon Casadesus-Masanell,et al.  From Strategy to Business Models and onto Tactics , 2010 .

[17]  Helmut Krcmar,et al.  Digital platform ecosystems , 2019, Electronic Markets.

[18]  Jan Marco Leimeister,et al.  Leveraging virtual business model innovation: a framework for designing business model development tools , 2016, Inf. Syst. J..

[19]  Jaap Gordijn,et al.  Business Modelling Is Not Process Modelling , 2000, ER.

[20]  Christian Huemer,et al.  The REA-DSL: A Domain Specific Modeling Language for Business Models , 2011, CAiSE.

[21]  Feng Zhu,et al.  Products to Platforms: Making the Leap , 2016 .

[22]  Christopher L. Tucci,et al.  A Critical Assessment of Business Model Research , 2017 .

[23]  Xavier Lecocq,et al.  Business Model Evolution: In Search of Dynamic Consistency , 2010 .

[24]  F. Rossignoli,et al.  Network impact on business models for sustainability: Case study in the energy sector , 2018 .

[25]  Sharon Platt-McDonald Worth the effort. , 2006, Nursing Standard.

[26]  J. Hedman,et al.  IT and Business Models: Concepts and Theories , 2002 .

[27]  Arun Rai,et al.  Research Commentary - Information Technology-Enabled Business Models: A Conceptual Framework and a Coevolution Perspective for Future Research , 2014, Inf. Syst. Res..

[28]  Yves Pigneur,et al.  A Visual Approach to Business IT Alignment between Business Model and Enterprise Architecture , 2015, Int. J. Inf. Syst. Model. Des..

[29]  Martin Schader,et al.  Personalized task recommendation in crowdsourcing information systems - Current state of the art , 2014, Decis. Support Syst..

[30]  Christine Legner,et al.  Business model tools at the boundary: exploring communities of practice and knowledge boundaries in business model innovation , 2020, Electron. Mark..

[31]  Katy Mason,et al.  Learning to Build a Supply Network: An Exploration of Dynamic Business Models , 2008 .

[32]  Dennis Kundisch,et al.  Software tools for business model innovation: current state and future challenges , 2019, Electronic Markets.

[33]  Andre Hanelt,et al.  A Taxonomy of Carsharing Business Models , 2016, ICIS.

[34]  Stefan Eicker,et al.  Understanding Services in the Era of the Internet of Things: a Smart Service Taxonomy , 2019, ECIS.

[35]  Guido Noto,et al.  A dynamic business modelling approach to design and experiment new business venture strategies , 2017 .

[36]  H. Håkansson International Marketing and Purchasing of Industrial Goods: An Interaction Approach , 1982 .

[37]  Tuure Tuunanen,et al.  Design Science Research Evaluation , 2012, DESRIST.

[38]  Peter Loos,et al.  Interdependencies between Business Model Components - A Literature Analysis , 2013, AMCIS.

[39]  Vegar Lein Ausrød,et al.  Business model design at the base of the pyramid , 2017 .

[40]  Frank Leymann,et al.  Identifying influential factors of business process performance using dependency analysis , 2011, Enterp. Inf. Syst..

[41]  M. Jaén,et al.  Collaboration mechanisms for sustainable innovation , 2018, Journal of Cleaner Production.

[42]  Y. R. Storch Rudall,et al.  Business Model Generation , 2012 .

[43]  Aija Leiponen,et al.  The anatomy of a troll? Patent licensing business models in the light of patent reassignment data , 2019, Research Policy.

[44]  F. Boons,et al.  Business Models for Sustainable Innovation: State of the Art and Steps Towards a Research Agenda , 2013 .

[45]  Alexander M Clark,et al.  Method in the taxonomy development , 2017 .

[46]  Thomas Moellers,et al.  System dynamics for corporate business model innovation , 2019, Electronic Markets.

[47]  Karl Täuscher,et al.  Visual Tools for Business Model Innovation: Recommendations from a Cognitive Perspective , 2017 .

[48]  Kevin Crowston,et al.  The interdisciplinary study of coordination , 1994, CSUR.

[49]  Svenja Falk,et al.  How to capture the B2B platform opportunity , 2020, Electronic Markets.

[50]  Frank T. Piller,et al.  Open Business Models and Closed-Loop Value Chains: Redefining the Firm-Consumer Relationship , 2016 .

[51]  V. Allee Value network analysis and value conversion of tangible and intangible assets , 2008 .

[52]  James F. Moore Business Ecosystems and the View from the Firm , 2006 .

[53]  Maximilian Röglinger,et al.  What's in a Smart Thing? Development of a Multi-layer Taxonomy , 2016, ICIS.

[54]  Daniel Kindström Towards a service-based business model – Key aspects for future competitive advantage , 2010 .

[55]  Samir Chatterjee,et al.  A Design Science Research Methodology for Information Systems Research , 2008 .

[56]  N. Foss,et al.  Fifteen Years of Research on Business Model Innovation , 2017 .

[57]  Paul Belleflamme,et al.  Platforms and Network Effects , 2016 .

[58]  Alexander Osterwalder,et al.  The business model ontology a proposition in a design science approach , 2004 .

[59]  Eric K. Clemons,et al.  Business Models , 2014, Bus. Inf. Syst. Eng..

[60]  Mutaz M. Al-Debei,et al.  Developing a unified framework of the business model concept , 2010, Eur. J. Inf. Syst..

[61]  G. A. Miller THE PSYCHOLOGICAL REVIEW THE MAGICAL NUMBER SEVEN, PLUS OR MINUS TWO: SOME LIMITS ON OUR CAPACITY FOR PROCESSING INFORMATION 1 , 1956 .

[62]  Sabrina M. Neeley,et al.  Managing interdependency: a taxonomy for business‐to‐business relationships , 1998 .

[63]  Dominik Bork,et al.  A survey of modeling language specification techniques , 2020, Inf. Syst..

[64]  Ulrich Frank,et al.  Domain-Specific Modeling Languages: Requirements Analysis and Design Guidelines , 2013, Domain Engineering, Product Lines, Languages, and Conceptual Models.

[65]  Colin Atkinson,et al.  Model-Driven Development: A Metamodeling Foundation , 2003, IEEE Softw..

[66]  Dennis Kundisch,et al.  Because Your Taxonomy is Worth IT: towards a Framework for Taxonomy Evaluation , 2019, ECIS.

[67]  Rainer Alt,et al.  Electronic Markets on business model development , 2020, Electronic Markets.

[68]  Thorsten Schoormann,et al.  Sustainability in Business Process Models: A Taxonomy-Driven Approach to Synthesize Knowledge and Structure the Field , 2017, ICIS.

[69]  H. Stanley,et al.  Networks formed from interdependent networks , 2011, Nature Physics.

[70]  Jacky Akoka,et al.  Artifact Evaluation in Information Systems Design-Science Research - a Holistic View , 2014, PACIS.

[71]  Jaap Gordijn,et al.  Value-based requirements engineering: exploring innovative e-commerce ideas , 2003, Requirements Engineering.

[72]  J. H. Dyer Effective interim collaboration: how firms minimize transaction costs and maximise transaction value , 1997 .