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    Design and Evaluation of a System Dynamics based Business Model Evaluation Method
    (Springer, 2017-03) ;
    Bansemir, Bastian
    ;
    Pretzl, Max
    ;
    The business model has become an increasingly important concept to facilitate competi-tive advantages. However, due to its complexity managers face difficulties to evaluate how changes in the business model affect its performance. Existing approaches fall short to facilitate sufficient understanding of the influencing factors that drive the business models behavior. Drawing from System Dynamics, we propose a multi-step evaluation method to effectively support decision mak-ing in the context of complexity. Thereby we focus on the integration of available knowledge and data to explicate and quantify the essential cause-effect relationships inside the business model. The artifact is evaluated through multiple use cases inside the BMW Group. It reveals that System Dy-namics enhances business model understanding not only for the decision maker but also for the stakeholders which enhances subsequent implementation of business model changes.
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    Business Model Innovation in the Era of Distributed Ledger Technologies
    New ventures that incorporate Distributed Ledger Technologies (DLT) into their business model have globally emerged over the past years. DLTs enable anonymous, transparent and automated transactions and allow central authorities to become obsolete. This paper aims to develop a taxonomy for DLT based business models with a conceptual-to-empirical approach. The business model focused research effort includes expert interviews, database research and a digital survey. Moreover, we contribute to current business model innovation literature by identifying two mechanisms that describe different approaches for business model development in the context of not yet matured technology innovations.
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    Complementing open innovation practices in MNCs. The role of internal cross boundary knowledge flows
    Open innovation (OI) so far has mainly been understood as a process involving firm external partners. In this paper, we argue that such a focus limits our understanding of how multinational corporations (MNC) profit from internally applied open innovation practices. We thus build on the current OI literature by investigating and describing open innovation activities, conducted within the firm boundaries. Based on a multiple case study of 17 MNCs, our findings reveal five archetypical internal OI practices that vary in underlying management motives. Interestingly, we also find that internal open innovation consistently mitigates some of the fears and risks related to external open innovation and helps MNCs better leverage developments in ICT. Furthermore, we conclude that initial engagement in internal open innovation at MNCs increases the chance to succeed at external open innovation.
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