Business model renewal in context of integrated solutions delivery: a network perspective

Karoliina Rajakallio*, Miro Ristimäki, Mia Andelin, Seppo Junnila

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

12 Citations (Scopus)
123 Downloads (Pure)


Successful business model renewal requires the companies to understand the changes that the new business model causes with respect to their activities, value drivers and value appropriation logic. The study employs a comparative case study strategy. Conceptualizing business models as activities, the changes that adopting an integrated solution business model to implement a real estate development causes to the business models of companies in the project delivery network, compared to their business models applied in conventional project delivery networks following a disintegrated approach, is analyzed. The findings suggest that the shift towards more integrated project delivery models causes significant changes in the alignment of value drivers and value appropriation mechanisms across the network of firms. Simultaneously, companies adhere to their existing activity content and governance. The results contradict previous studies on the organizational impact of shift towards integrated solutions. Existing research on integrated solutions and alliances has primarily focused on developing practices from the perspective of a customer - producer relationship. This study gives valuable insights related the importance of the internal logic of the service providers in achieving successful project coalition.

Original languageEnglish
Pages (from-to)72-86
Number of pages15
JournalInternational Journal of Strategic Property Management
Issue number1
Publication statusPublished - 2 Jan 2017
MoE publication typeA1 Journal article-refereed


  • Activities
  • Business model
  • Integrated solutions
  • Risk
  • Value


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