IDEAS home Printed from https://ideas.repec.org/a/bit/bsrysr/v14y2023i1p1-25n2.html
   My bibliography  Save this article

Disruptive Business Model Innovation and Digital Transformation

Author

Listed:
  • Tomičić-Pupek Katarina

    (University of Zagreb, Faculty of Organization and Informatics, Varaždin, Croatia)

  • Furjan Martina Tomičić

    (University of Zagreb, Faculty of Organization and Informatics, Varaždin, Croatia)

  • Pihir Igor

    (University of Zagreb, Faculty of Organization and Informatics, Varaždin, Croatia)

  • Vrček Neven

    (University of Zagreb, Faculty of Organization and Informatics, Varaždin, Croatia)

Abstract

Background Innovating how organisations run their business is a strategic decision to create more value for customers using or consuming the product and/or service provided. In addition to the incentive of everybody embracing digital transformation, digital technologies, and digital innovation, which frame changes of operating business models today, disruptions, i.e., another incentive that occurs suddenly and impacts globally, all force businesses to adapt and change. Objectives This research aims to provide a conceptual model that can be used for organisations to evaluate and propose feasible options for responding to disruptions that influence the businesses’ strategic innovation initiatives while assisting decision-makers in choosing the most appropriate option. Methods/Approach Considering internal and external factors that influence digital transformation, the conceptual framework is designed to assess readiness and willingness to transform and create opportunities for future success digitally. Results A conceptual framework was developed, tested, and demonstrated in a case study. The case study organisation rated positively the composition of steps to be perf readiness and willingness and choose the most feasible option to change. Conclusions:The digital environment and the influence of disruptions force organisations to change. The conceptual framework developed in this research helps the management choose the most feasible change option about the real as-is and the desired to-be state.

Suggested Citation

  • Tomičić-Pupek Katarina & Furjan Martina Tomičić & Pihir Igor & Vrček Neven, 2023. "Disruptive Business Model Innovation and Digital Transformation," Business Systems Research, Sciendo, vol. 14(1), pages 1-25, September.
    • Handle: RePEc:bit:bsrysr:v:14:y:2023:i:1:p:1-25:n:2
    DOI: 10.2478/bsrj-2023-0001
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/bsrj-2023-0001
    Download Restriction: no
    File URL: https://libkey.io/10.2478/bsrj-2023-0001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Göran Goldkuhl, 2012. "Pragmatism vs interpretivism in qualitative information systems research," European Journal of Information Systems, Taylor & Francis Journals, vol. 21(2), pages 135-146, March.
    2. Thong, J. Y. L. & Yap, C. S., 1995. "CEO characteristics, organizational characteristics and information technology adoption in small businesses," Omega, Elsevier, vol. 23(4), pages 429-442, August.
    3. Trevor Clohessy & Thomas Acton & Lorraine Morgan, 2017. "The Impact of Cloud-Based Digital Transformation on IT Service Providers: Evidence From Focus Groups," International Journal of Cloud Applications and Computing (IJCAC), IGI Global, vol. 7(4), pages 1-19, October.
    4. Peter M. Bican & Alexander Brem, 2020. "Digital Business Model, Digital Transformation, Digital Entrepreneurship: Is There A Sustainable “Digital”?," Sustainability, MDPI, vol. 12(13), pages 1-15, June.
    5. Kieran Conboy & Guy Fitzgerald & Lars Mathiassen, 2012. "Qualitative methods research in information systems: motivations, themes, and contributions," European Journal of Information Systems, Taylor & Francis Journals, vol. 21(2), pages 113-118, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chenglei Xu & Shuxin Zhu & Boru Yang & Bin Miao & Yi Duan, 2023. "A Review of Policy Framework Research on Promoting Sustainable Transformation of Digital Innovation," Sustainability, MDPI, vol. 15(9), pages 1-26, April.
    2. Samiaji Sarosa, 2012. "The Adoption Of Tailor-made IT-based Accounting Systems Within Indonesian SMEs From Actor Network Theory Perspective," International Journal of Business Research and Management (IJBRM), Computer Science Journals (CSC Journals), vol. 3(5), pages 265-278, October.
    3. Jingjing Hao & Haoming Shi & Victor Shi & Chenchen Yang, 2020. "Adoption of Automatic Warehousing Systems in Logistics Firms: A Technology–Organization–Environment Framework," Sustainability, MDPI, vol. 12(12), pages 1-14, June.
    4. Jamil Paolo Francisco & Tristan Canare & Jean Rebecca Labios, 2018. "Obstacles and Enablers of Internationalization of Philippine SMEs Through Participation in Global Value Chains," Working Papers id:12905, eSocialSciences.
    5. Marina Díaz-Piloneta & Francisco Ortega-Fernández & Henar Morán-Palacios & Vicente Rodríguez-Montequín, 2021. "Monitoring the Implementation of Exponential Organizations through the Assessment of Their Project Portfolio: Case Study," Sustainability, MDPI, vol. 13(2), pages 1-20, January.
    6. Zohreh Hajiha, 2011. "Effective Factors on Alignment of Accounting Information Systems in Manufacturing Companies: Evidence from Iran," Information Management and Business Review, AMH International, vol. 3(3), pages 158-170.
    7. Guych Nuryyev & Yu-Ping Wang & Jennet Achyldurdyyeva & Bih-Shiaw Jaw & Yi-Shien Yeh & Hsien-Tang Lin & Li-Fan Wu, 2020. "Blockchain Technology Adoption Behavior and Sustainability of the Business in Tourism and Hospitality SMEs: An Empirical Study," Sustainability, MDPI, vol. 12(3), pages 1-21, February.
    8. Yunhee Kim & Jae Young Choi & Yeonbae Kim, 2011. "Complementarity and contextuality in the adoption of information systems," Applied Economics Letters, Taylor & Francis Journals, vol. 18(16), pages 1613-1618.
    9. Broccardo, Laura & Zicari, Adrián & Jabeen, Fauzia & Bhatti, Zeeshan A., 2023. "How digitalization supports a sustainable business model: A literature review," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    10. Naruemon Choochinprakarn, 2015. "Strategic Uses of Electronic Commerce for Thai Travel Small and Medium Enterprises (SMEs)," Proceedings of Business and Management Conferences 2303915, International Institute of Social and Economic Sciences.
    11. Ramzi El-Haddadeh, 0. "Digital Innovation Dynamics Influence on Organisational Adoption: The Case of Cloud Computing Services," Information Systems Frontiers, Springer, vol. 0, pages 1-15.
    12. Elissa Dwi Lestari, 2022. "The Effect of Financial Literacy, Cost of Technology Adoption, Technology Perceived Usefulness, and Government Support on MSMEs' Business Resilience ," GATR Journals gjbssr620, Global Academy of Training and Research (GATR) Enterprise.
    13. Teo, Thompson S.H. & Lin, Sijie & Lai, Kee-hung, 2009. "Adopters and non-adopters of e-procurement in Singapore: An empirical study," Omega, Elsevier, vol. 37(5), pages 972-987, October.
    14. José Alberto Bayo-Moriones & Gilberto Carvalho-Vasconcelos & Fernando Lera-López, 2005. "A firm-level analysis of differences between adopters and non-adopters of ICT," ERSA conference papers ersa05p645, European Regional Science Association.
    15. Mohit Goswami & Yash Daultani & Sanjoy Kumar Paul & Saurabh Pratap, 2023. "A framework for the estimation of treatment costs of cardiovascular conditions in the presence of disease transition," Annals of Operations Research, Springer, vol. 328(1), pages 577-616, September.
    16. Dietlmeier, Simon Frederic & Floetgen, Rob Jago & Urmetzer, Florian, 2024. "Performance of B2B Platform Partnership Management," MPRA Paper 120610, University Library of Munich, Germany.
    17. Joshua Holstein & Max Schemmer & Johannes Jakubik & Michael Vössing & Gerhard Satzger, 2023. "Sanitizing data for analysis: Designing systems for data understanding," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-18, December.
    18. Giacosa, Elisa & Culasso, Francesca & Crocco, Edoardo, 2022. "Customer agility in the modern automotive sector: how lead management shapes agile digital companies," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    19. T. Ramayah & Osman Mohamad & Azizah Omar & Malliga Marimuthu & Jasmine Yeap Ai Leen, 2012. "The Influence of SME Owners’ Characteristics on Technology Adoption," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 3(3), pages 10-16, September.
    20. Florian Diener & Miroslav Špaček, 2021. "Digital Transformation in Banking: A Managerial Perspective on Barriers to Change," Sustainability, MDPI, vol. 13(4), pages 1-27, February.

    More about this item

    Keywords

    Digital Transformation; Business model innovation; Disruption; Framework; Assessment; Case study;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bit:bsrysr:v:14:y:2023:i:1:p:1-25:n:2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.