Customer Experience Driven Business Model Innovation

Keiningham, Timothy L. and Aksoy, Lerzan and Bruce, Helen and Cadet, Fabienne and Clennell, Natasha and Hodgkinson, Ian R and Kearney, Treasa (2020) Customer Experience Driven Business Model Innovation. Journal of Business Research, 116. pp. 431-440. ISSN 0148-2963

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Abstract

Business model innovation (BMI) is critical to a firm's ability to achieve growth and long-term viability. It helps improve the value of products or services and/or delivery of these offerings to customers. Much of the academic literature to date however lacks customer-driven business model innovation frameworks. As such, the aim of this investigation is to propose a customer experience driven (CX) business model innovation framework that aligns customer values and the firm's strategic needs. This paper contributes to the literature by (a) conceptualizing the way in which business model innovation and customer experience are related (b) providing managers with a concrete framework to guide business model innovation that supports customer experience-driven new services and (c) highlighting opportunities for future research to advance business model innovation research and practice.

Item Type:
Journal Article
Journal or Publication Title:
Journal of Business Research
Additional Information:
This is the author’s version of a work that was accepted for publication in Journal of Business Research. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Journal of Business Research, 116, 2019 DOI: 10.1016/j.jbusres.2019.08.003
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1400/1406
Subjects:
ID Code:
136112
Deposited By:
Deposited On:
13 Aug 2019 12:45
Refereed?:
Yes
Published?:
Published
Last Modified:
16 Sep 2020 05:46