Innovation Management and Digitalization of Business Models

Dear Colleagues,

Innovation and digitalization are not merely buzzwords; both are a necessity for companies that aspire to thrive in today's dynamic market. Innovation management’s primary objective is to cultivate a culture where new ideas are consistently generated, developed, and effectively implemented to create value.

The advent of Industry 4.0 and the lockdowns during the pandemic period compelled companies to innovate technologically, particularly in terms of digitalization. The integration of digital technologies into all business areas has fundamentally transformed operations and value delivery to customers, driving the digitalization of business models across numerous aspects.

This transformation involves a broad spectrum of technological innovations such as artificial intelligence, big data analytics, and blockchain. Each of these technologies contributes significantly to reshaping the business landscape. The digital revolution has given rise to new business models that emphasize agility, scalability, circularity, and customer centricity. This shift has introduced new paradigms for innovation management. Organizations are increasingly adopting agile methodologies to accelerate the innovation cycle and respond more effectively to market demands. Companies that successfully integrate and manage digital innovation into their business models are better positioned to gain a competitive edge, adapt to disruptive changes, and create sustainable value in today's fast-paced market.

This Special Issue aims to provide valuable insights for both practitioners and researchers, fostering a comprehensive discussion on the future of innovation management and the digitalization of business models.

Dr. Nelson Duarte
Dr. Rebecca Dong
Guest Editors

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• business models
• innovation
• digital technologies
• entrepreneurial innovation
• strategic innovation
• digital transformation
• circular business models