A Business Model Taxonomy for Start-Ups in the Electric Power Industry - The Electrifying Effect of Artificial Intelligence on Business Model Innovation

DC FieldValueLanguage
dc.contributor.authorAnton, Eduard
dc.contributor.authorOesterreich, Thuy Duong
dc.contributor.authorSchuir, Julian
dc.contributor.authorProtz, Leslie
dc.contributor.authorTeuteberg, Frank
dc.date.accessioned2021-12-23T15:58:35Z-
dc.date.available2021-12-23T15:58:35Z-
dc.date.issued2021
dc.identifier.issn02198770
dc.identifier.urihttps://osnascholar.ub.uni-osnabrueck.de/handle/unios/3471-
dc.description.abstractArtificial intelligence (AI) serves as a technological driver for business model innovation by guiding decisions and automating services, thereby leveraging efficiency-enhancing and profitable business practices. Especially in the electric power industry, a multitude of start-ups have entered the market offering disruptive AI-based services. However, there has been little research to date on what concrete business models result from the diffusion of AI and how these might be classified. In view of this research gap, this paper contributes to a better understanding of start-ups in the electric power industry that use AI technologies by systematically developing a business model taxonomy. In addition, we conducted 12 semi-structured interviews with domain experts for the evaluation step and validated the robustness of the taxonomy based on cluster analysis to identify common business model archetypes. Finally, we derived and discussed the academic and practical implications of our research and highlighted future research avenues.
dc.language.isoen
dc.publisherWORLD SCIENTIFIC PUBL CO PTE LTD
dc.relation.ispartofINTERNATIONAL JOURNAL OF INNOVATION AND TECHNOLOGY MANAGEMENT
dc.subjectartificial intelligence
dc.subjectBusiness & Economics
dc.subjectbusiness models
dc.subjectCHALLENGES
dc.subjectElectric power industry
dc.subjectENERGY
dc.subjectFRAMEWORK
dc.subjectManagement
dc.subjectSECTOR
dc.subjectSYSTEMS
dc.subjecttaxonomy
dc.subjectTECHNOLOGY
dc.subjectTYPOLOGIES
dc.titleA Business Model Taxonomy for Start-Ups in the Electric Power Industry - The Electrifying Effect of Artificial Intelligence on Business Model Innovation
dc.typejournal article
dc.identifier.doi10.1142/S0219877021500048
dc.identifier.isiISI:000647306000001
dc.description.volume18
dc.description.issue03
dc.contributor.orcid0000-0002-5676-710X
dc.identifier.eissn17936950
dc.publisher.place5 TOH TUCK LINK, SINGAPORE 596224, SINGAPORE
dcterms.isPartOf.abbreviationInt. J. Innov. Technol. Manag.
crisitem.author.deptFB 09 - Wirtschaftswissenschaften-
crisitem.author.deptidfb09-
crisitem.author.parentorgUniversität Osnabrück-
crisitem.author.netidTeFr823-
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