Theoretical background

Abstract

The subsequent paragraph comprises the existing literature on the key concepts supporting the focal research and thus, builds a basis for further investigations. The literature review encompasses on the one hand the concept of disruptive innovation, including its conceptualization and delineation to other innovation categorizations as well as its characterization to define boundary conditions. On the other hand, a compilation of extent theoretical background knowledge is focusing on business model innovation, its underlying business model concept, and potential practical tools (artifacts) to support incumbents in the face of organizational change. Taken together, the conflation of both research streams serves as cumulation to innovation literature as both, disruptive innovation and business model innovation, be interrelated concepts.