Digital Transformation-Driven Business Model Innovation – Current State and Future Research Directions

Existing research on digital transformation agrees that digital transformation impacts the transforming firms’ existing business models in manifold ways. However, research examining the underlying mechanisms and the specific impact is still rare. This study introduces the concept of digital transformation-driven business model innovation, subsequently conceptualizes and summarizes the existing literature in this field, and finally presents recommendations on future research directions. Based on a systematic literature review, we show that digital transformation-driven business model innovation gained increasing importance in the information systems and management literature in recent years. Existing research primarily focuses on conceptual foundations, antecedents, processes, outcomes, and the evaluation of digital transformation-driven business model innovation. Nevertheless, research in this field is still in its infancy, which is reflected by research gaps that we have identified in all of these research directions