Future ecosystem business model tool: Design science and field test in the efuel ecosystem towards the sustainability transition

This paper presents a novel business model design tool called Future ecosystem business model (FEBM) . The FEBM aims to address the lack of managerial tools linking business models, foresight, and ecosystem strategizing in the context of systemic technological changes, as those characterizing the sustainability transition in a multi-level perspective. The tool has been shaped through a design science approach building on a structured review of the literature. A field test was conducted through a case study to test the proposed tool. The empirical context was that of a publicly funded project in the field of electrofuels (efuels). The project foresaw the development and integration of several technologies, whose adoption was likely to have significant implications within and across industries. The proposed approach contributes to the literature on business model design in the context of technology-driven transformations characterized by high uncertainty and interdependence, such as those related to the sustainability transition. Strategy and innovation managers may find in the proposed FEBM tool an actionable approach to shape decision-making against far-reaching technological and societal challenges. • The Future Ecosystem Business Model (FEBM) tool is presented. • The tool integrates foresight and ecosystem logic in business model design. • The tool can be applied in the context of systemic technological changes, as those characterizing the sustainability transition. • The tool is designed through design science research. • A field test is conducted in the field of electrofuels (efuels).

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Publication Details

Journal
Technological Forecasting and Social Change
Published
2024-08-31
DOI
https://doi.org/10.1016/j.techfore.2024.123682
Citations
2
Primary Topic
Complex Systems and Decision Making
Type
article
Field-Weighted Citation Impact
0.98

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article

Future ecosystem business model tool: Design science and field test in the efuel ecosystem towards the sustainability transition

Giovanna Culot, Cinzia Battistella
2 citations
Technological Forecasting and Social Change
Complex Systems and Decision Making
0.98
article

Future ecosystem business model tool: Design science and field test in the efuel ecosystem towards the sustainability transition

Giovanna Culot, Cinzia Battistella
article en
2 citations

Abstract

This paper presents a novel business model design tool called Future ecosystem business model (FEBM) . The FEBM aims to address the lack of managerial tools linking business models, foresight, and ecosystem strategizing in the context of systemic technological changes, as those characterizing the sustainability transition in a multi-level perspective. The tool has been shaped through a design science approach building on a structured review of the literature. A field test was conducted through a case study to test the proposed tool. The empirical context was that of a publicly funded project in the field of electrofuels (efuels). The project foresaw the development and integration of several technologies, whose adoption was likely to have significant implications within and across industries. The proposed approach contributes to the literature on business model design in the context of technology-driven transformations characterized by high uncertainty and interdependence, such as those related to the sustainability transition. Strategy and innovation managers may find in the proposed FEBM tool an actionable approach to shape decision-making against far-reaching technological and societal challenges. • The Future Ecosystem Business Model (FEBM) tool is presented. • The tool integrates foresight and ecosystem logic in business model design. • The tool can be applied in the context of systemic technological changes, as those characterizing the sustainability transition. • The tool is designed through design science research. • A field test is conducted in the field of electrofuels (efuels).

Technological Forecasting and Social ChangeVol. 208
University of Udine (IT)
Università degli Studi di Udine, Horizon 2020
Responsible consumption and production
Openalex Percentile: Top 22%
Complex Systems and Decision Making
0.98
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