Literature Review on Business Model Innovation: Digital Technology Perspective and Suggestions for Future Research

In recent years, there has been exponential growth in research on the impact of digital technologies on business model innovation in enterprises. This paper provides an overview of the literature on business model innovation under the influence of digital technologies. We select 173 peer-reviewed papers and employ a combined quantitative and qualitative research approach to compare the results of different bibliographic analyses, such as citation analysis, co-citation, bibliographic coupling, and keyword co-occurrence, to identify the most influential journals, authors, papers, and three thematic clusters. For each cluster, we analyze the literature and the reasons behind the clustering results. Based on the publication dates of the literature, we identify potential research areas and future directions to address the shortcomings of existing research.

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Publication Details

Journal
SAGE Open
Published
2025-04-01
DOI
https://doi.org/10.1177/21582440251328063
Citations
1
Primary Topic
Digital Transformation in Industry
Type
article
Field-Weighted Citation Impact
1.24
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article

Literature Review on Business Model Innovation: Digital Technology Perspective and Suggestions for Future Research

Yang Li
1 citations
SAGE Open
Digital Transformation in Industry
1.24
article

Literature Review on Business Model Innovation: Digital Technology Perspective and Suggestions for Future Research

Yang Li
article en
1 citations

Abstract

In recent years, there has been exponential growth in research on the impact of digital technologies on business model innovation in enterprises. This paper provides an overview of the literature on business model innovation under the influence of digital technologies. We select 173 peer-reviewed papers and employ a combined quantitative and qualitative research approach to compare the results of different bibliographic analyses, such as citation analysis, co-citation, bibliographic coupling, and keyword co-occurrence, to identify the most influential journals, authors, papers, and three thematic clusters. For each cluster, we analyze the literature and the reasons behind the clustering results. Based on the publication dates of the literature, we identify potential research areas and future directions to address the shortcomings of existing research.

SAGE OpenVol. 15(2)
Dalian Ocean University (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 18%
Digital Transformation in Industry
1.24
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