Business model renewal in context of integrated solutions delivery

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorRajakallio, Karoliina
dc.contributor.authorRistimäki, Miro
dc.contributor.authorAndelin, Mia
dc.contributor.authorJunnila, Seppo
dc.contributor.departmentReal Estate
dc.contributor.departmentDepartment of Built Environmenten
dc.date.accessioned2018-12-21T10:31:08Z
dc.date.available2018-12-21T10:31:08Z
dc.date.issued2017-01-02
dc.description.abstractSuccessful business model renewal requires the companies to understand the changes that the new business model causes with respect to their activities, value drivers and value appropriation logic. The study employs a comparative case study strategy. Conceptualizing business models as activities, the changes that adopting an integrated solution business model to implement a real estate development causes to the business models of companies in the project delivery network, compared to their business models applied in conventional project delivery networks following a disintegrated approach, is analyzed. The findings suggest that the shift towards more integrated project delivery models causes significant changes in the alignment of value drivers and value appropriation mechanisms across the network of firms. Simultaneously, companies adhere to their existing activity content and governance. The results contradict previous studies on the organizational impact of shift towards integrated solutions. Existing research on integrated solutions and alliances has primarily focused on developing practices from the perspective of a customer - producer relationship. This study gives valuable insights related the importance of the internal logic of the service providers in achieving successful project coalition.en
dc.description.versionPeer revieweden
dc.format.extent15
dc.format.extent72-86
dc.format.mimetypeapplication/pdf
dc.identifier.citationRajakallio , K , Ristimäki , M , Andelin , M & Junnila , S 2017 , ' Business model renewal in context of integrated solutions delivery : a network perspective ' , International Journal of Strategic Property Management , vol. 21 , no. 1 , pp. 72-86 . https://doi.org/10.3846/1648715X.2016.1249533en
dc.identifier.doi10.3846/1648715X.2016.1249533
dc.identifier.issn1648-715X
dc.identifier.issn1648-9179
dc.identifier.otherPURE UUID: 6fe0b531-4d5a-4c0f-9598-d952a18ba7d5
dc.identifier.otherPURE ITEMURL: https://research.aalto.fi/en/publications/6fe0b531-4d5a-4c0f-9598-d952a18ba7d5
dc.identifier.otherPURE LINK: http://www.scopus.com/inward/record.url?scp=85013894122&partnerID=8YFLogxK
dc.identifier.otherPURE FILEURL: https://research.aalto.fi/files/30359552/Rajakallio_Ristimaki_Andelin_Junnila.pdf
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/35668
dc.identifier.urnURN:NBN:fi:aalto-201812216677
dc.language.isoenen
dc.relation.ispartofseriesInternational Journal of Strategic Property Managementen
dc.relation.ispartofseriesVolume 21, issue 1en
dc.rightsopenAccessen
dc.subject.keywordActivities
dc.subject.keywordBusiness model
dc.subject.keywordIntegrated solutions
dc.subject.keywordRisk
dc.subject.keywordValue
dc.titleBusiness model renewal in context of integrated solutions deliveryen
dc.typeA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessäfi
dc.type.versionpublishedVersion
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