Business Model Reconfiguration Driven by Disruptive Innovation: Theoretical Basis and Case Study

This review deeply analyzes the close relationship between disruptive innovation and business model. Through the comprehensive analysis of several relevant literature, the conceptual characteristics of disruptive innovation, the constituent elements of business model and the mutual relationship between the two are clarified. It also discusses the impact of disruptive innovation on business models and the challenges and limitations faced by disruptive business models. It is found that disruptive innovation is an important driver of business model change. It can not only spawn entirely new business models, but also drive profound changes in existing business models to meet changing market demands and customer value propositions. At the same time, business model innovation is a key way to realize the value of disruptive innovation. Through innovative business models, enterprises can better utilize the technology and market opportunities brought by disruptive innovation and maximize their value. However, enterprises also face challenges in implementation such as organizational culture conflict, insufficient technical capabilities, and changes in market demand.