Business model innovation through the adoption of service logic: evolving to servification

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)

Abstract

Purpose
In servitization research, there has been a call to move further toward the development of business models based on a service approach. This article aims to answer this call by adopting service logic (SL) and developing strategies and organizational resources and processes to create a service-centric business model called servification, defined as the process of identifying and developing strategies and organizational resources and processes to create a business model based on SL.
Design/methodology/approach
This article is conceptual and extends servitization in the direction of service-centric business model innovation by drawing on and extending SL.
Findings
The article defines service as a higher-order concept according to SL and develops the concept of a helping strategy as the foundation for a service-based business model. Further, it develops a typology of organizational resources and processes that must be developed for the emergence of such a business model.
Research limitations/implications
Since this article is the first to conceptually develop servification, more both theoretical and empirical research is naturally required. The development of servification takes servitization in the direction of service-based business model innovation and also contributes to the research on SL.
Practical implications
Servification enables the development of service-centric strategies and organizational resources and processes and service-based business models.
Originality/value
This article is the first to adopt SL in studies of business model innovation.
Original languageEnglish
Peer-reviewed scientific journalJournal of Service Theory and Practice
ISSN2055-6225
DOIs
Publication statusPublished - 18.12.2023
MoE publication typeA1 Journal article - refereed

Keywords

  • 512 Business and Management
  • business model innovation
  • servitization
  • service logic
  • helping strategy
  • servification
  • talking service

Fingerprint

Dive into the research topics of 'Business model innovation through the adoption of service logic: evolving to servification'. Together they form a unique fingerprint.

Cite this