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Performance Estimation of Networked Business Models: Case Study on a Finnish eHealth Service Project

Journal of Business Models

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Field Value
 
Title Performance Estimation of Networked Business Models: Case Study on a Finnish eHealth Service Project
 
Creator Heikkilä, Marikka
Solaimani, Sam
Soudunsaari, Aki
Hakanen, Mila
Kuivaniemi, Leni
Suoranta, Mari
 
Subject Business Models
Business Model, Business model innovation, Performance Metrics, Performance indicators, Business network, collaborative network
 
Description Purpose: The objective of this paper is to propose and demonstrate a framework for estimating performance in a networked business model. Design/methodology/approach: Our approach is design science, utilising action research in studying a case of four independent firms in Health & Wellbeing sector aiming to jointly provide a new service for business and private customers. The duration of the research study is 3 years. Findings: We propose that a balanced set of performance indicators can be defined by paying attention to all main components of the business model, enriched with of network collaboration. The results highlight the importance of measuring all main components of the business model and also the business network partners’ view on trust, contracts and fairness. Research implications: This article contributes to the business model literature by combining business modelling with performance evaluation. The article points out that it is essential to create metrics that can be applied to evaluate and improve the business model blueprints, but it is also important to measure business collaboration aspects. Practical implications: Companies have already adopted Business model canvas or similar business model tools to innovate new business models. We suggest that companies continue their business model innovation work by agreeing on a set of performance metrics, building on the business model components model enriched with measures of network collaboration. Originality/value: This article contributes to the business model literature and praxis by combining business modelling with performance evaluation.
 
Publisher Aalborg Universitetsforlag
 
Contributor
 
Date 2014-08-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
Case study
 
Format application/pdf
 
Identifier http://journals.aau.dk/index.php/JOBM/article/view/724
10.5278/ojs.jbm.v2i1.724
 
Source Journal of Business Models; Vol 2, No 1 (2014): Special issue: The business model eruption
2246-2465
 
Language eng
 
Relation http://journals.aau.dk/index.php/JOBM/article/view/724/564
 
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