Business model innovation: past research, current debates, and future directions

Mokter Hossain

Research output: Contribution to journalArticleScientificpeer-review

23 Citations (Scopus)


Purpose: The purpose of this paper is to provide state-of-the-art knowledge about business model innovation (BMI) and suggest avenues for future research. Design/methodology/approach: A systematic literature review approach was adopted with thematic analysis being conducted on 92 articles. Findings: The body of knowledge for this concept is in its infancy and is highly fragmented. This study therefore attempts to consolidate this fragmented knowledge. It reveals dominant themes, establishes coherence, and identifies conflicting arguments in the current literature. It also points out gaps in the research and highlights new directions for research. Research limitations/implications: This study analyzed articles that were found based on a systematic literature review approach. Practical implications: This study identifies some fundamental issues that managers need to understand regarding BMI. Originality/value: The main value of this study lies in its synthesis of the current knowledge of BMI.
Original languageEnglish
Pages (from-to)342-359
Issue number3
Publication statusPublished - 2017
MoE publication typeA1 Journal article-refereed


  • Strategy
  • Value creation
  • Value capture
  • Business model innovation
  • Sustainability
  • Business model

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