Tailoring the Business Modelling Method for R&D

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Abstract

While the benefits of innovation seem to be clear intuitively, Research and Development (R&D) organisations are struggling to show the value they add. Especially in times of crisis, the result is that they get the first budget cuts to reduce costs in the short term. This causes companies, industries, or even whole economies, to lose competitive advantage in the long run. The field of business modelling deals with the creation and capturing of value. However, it has not yet provided a method tailored to R&D previously. Building upon earlier work on business modelling, we adapt the Business Modelling Method (BMM) to the field of R&D.
Original languageEnglish
Title of host publicationBMSD 2015, Fifth International Symposium on Business Modeling and Software Design
EditorsBoris Shishkov
Place of PublicationMilan
Pages96-106
Publication statusPublished - 6 Jul 2015
EventFifth International Symposium on Business Modeling and Software Design 2015 - Milan, Milan, Italy
Duration: 6 Jul 20158 Jul 2015
Conference number: 5
http://www.is-bmsd.org/BMSD2015/

Conference

ConferenceFifth International Symposium on Business Modeling and Software Design 2015
Abbreviated titleBMSD 2015
CountryItaly
CityMilan
Period6/07/158/07/15
Internet address

Fingerprint

Tailoring
Business modeling
Modeling method
Industry
Innovation
Competitive advantage
Costs
R&D organization

Keywords

  • METIS-313591
  • IR-98427

Cite this

Meertens, L. O., Sweet, N., & Iacob, M. E. (2015). Tailoring the Business Modelling Method for R&D. In B. Shishkov (Ed.), BMSD 2015, Fifth International Symposium on Business Modeling and Software Design (pp. 96-106). Milan.
Meertens, Lucas Onno ; Sweet, N. ; Iacob, Maria Eugenia. / Tailoring the Business Modelling Method for R&D. BMSD 2015, Fifth International Symposium on Business Modeling and Software Design. editor / Boris Shishkov. Milan, 2015. pp. 96-106
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Meertens, LO, Sweet, N & Iacob, ME 2015, Tailoring the Business Modelling Method for R&D. in B Shishkov (ed.), BMSD 2015, Fifth International Symposium on Business Modeling and Software Design. Milan, pp. 96-106, Fifth International Symposium on Business Modeling and Software Design 2015, Milan, Italy, 6/07/15.

Tailoring the Business Modelling Method for R&D. / Meertens, Lucas Onno; Sweet, N.; Iacob, Maria Eugenia.

BMSD 2015, Fifth International Symposium on Business Modeling and Software Design. ed. / Boris Shishkov. Milan, 2015. p. 96-106.

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

TY - GEN

T1 - Tailoring the Business Modelling Method for R&D

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N2 - While the benefits of innovation seem to be clear intuitively, Research and Development (R&D) organisations are struggling to show the value they add. Especially in times of crisis, the result is that they get the first budget cuts to reduce costs in the short term. This causes companies, industries, or even whole economies, to lose competitive advantage in the long run. The field of business modelling deals with the creation and capturing of value. However, it has not yet provided a method tailored to R&D previously. Building upon earlier work on business modelling, we adapt the Business Modelling Method (BMM) to the field of R&D.

AB - While the benefits of innovation seem to be clear intuitively, Research and Development (R&D) organisations are struggling to show the value they add. Especially in times of crisis, the result is that they get the first budget cuts to reduce costs in the short term. This causes companies, industries, or even whole economies, to lose competitive advantage in the long run. The field of business modelling deals with the creation and capturing of value. However, it has not yet provided a method tailored to R&D previously. Building upon earlier work on business modelling, we adapt the Business Modelling Method (BMM) to the field of R&D.

KW - METIS-313591

KW - IR-98427

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BT - BMSD 2015, Fifth International Symposium on Business Modeling and Software Design

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Meertens LO, Sweet N, Iacob ME. Tailoring the Business Modelling Method for R&D. In Shishkov B, editor, BMSD 2015, Fifth International Symposium on Business Modeling and Software Design. Milan. 2015. p. 96-106