HORIZON 2020 Societal Challenges New forms of innovation Understanding and supporting business model innovation
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Innovation in business models mainly comes from new activities (content), new linkages between activities (structure) new markets (context) and/or new partners (governance). Inspiration for business model innovation can come, for instance, from business models developed in other business sectors (transfer) or from analyses of patterns in business models (system). Open innovation, emerging collaborative business models and new partnership mechanisms also mean innovation in business models for SMEs and bigger companies. Further research is needed on business model innovation and the successful implementation of business models. Within the scope of this research is to explore new knowledge how it happens and investigate access to this knowledge and the capacity of companies to adjust their existing business models.
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