Loso Judijanto

A Bibliometric Study of Business Model Innovation Literature

Introduction

A bibliometric study of business model innovation literature. Comprehensive bibliometric analysis of Business Model Innovation (BMI) literature, revealing its intellectual structure, thematic evolution, and collaborative patterns, including digital and sustainability trends.

Abstract

This study presents a comprehensive bibliometric analysis of the global literature on Business Model Innovation (BMI), aiming to uncover its intellectual structure, thematic evolution, and collaborative research patterns. Utilizing data from the Scopus database and visualization tools such as VOSviewer, the study analyzes key co-citation networks, author collaborations, keyword co-occurrences, and temporal publication trends. The findings reveal that BMI has developed around several foundational scholars—most notably Zott, Osterwalder, Chesbrough, and Teece—while branching into emerging research areas such as digital transformation, sustainability, and circular economy. Geographically, the field is led by countries such as China, Germany, and the United States, with increasing contributions from developing economies. Thematic analysis indicates a shift from traditional strategy-oriented perspectives to more dynamic, digitally enabled, and sustainability-driven approaches. This study contributes to the literature by mapping the evolution of BMI as an interdisciplinary field and identifying future research opportunities, particularly in underexplored regions and application contexts.

Review

This paper presents a timely and valuable bibliometric analysis of the Business Model Innovation (BMI) literature, a field of increasing strategic importance. The study clearly articulates its objective to uncover the intellectual structure, thematic evolution, and collaborative patterns within this body of work. Employing a rigorous methodology that leverages the Scopus database and visualization tools like VOSviewer, the authors systematically analyze co-citation networks, author collaborations, keyword co-occurrences, and temporal publication trends. This comprehensive approach promises a robust and insightful overview of BMI's academic landscape, essential for both established scholars and new researchers navigating this dynamic domain. The findings significantly contribute to understanding the development of BMI. The identification of foundational scholars such as Zott, Osterwalder, Chesbrough, and Teece provides crucial context for the field's intellectual lineage, while the subsequent mapping of emerging research areas like digital transformation, sustainability, and the circular economy highlights its contemporary relevance and evolving frontiers. Geographically, the analysis reveals the dominance of countries like China, Germany, and the United States, alongside the growing contributions from developing economies, offering a global perspective on research output. Critically, the thematic shift from traditional strategy-oriented perspectives to more dynamic, digitally enabled, and sustainability-driven approaches underscores a fundamental transformation in BMI research focus, providing a nuanced understanding of its progression. Overall, this study offers a compelling and well-structured overview of the BMI literature. Its primary strength lies in its systematic approach to mapping the evolution of BMI as an interdisciplinary field, providing a clear reference point for future research. The identification of future research opportunities, particularly in underexplored regions and diverse application contexts, is a particularly strong contribution, guiding scholars towards fruitful avenues for deeper inquiry. While relying on a single database (Scopus) is common in bibliometric studies, the breadth of analysis undertaken mitigates this. This paper will undoubtedly serve as an invaluable resource, offering a foundational understanding of BMI's intellectual bedrock and its trajectory into future-oriented, impact-driven research.

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