Incorporating Enterprise Risk Management in the Business Model Innovation Process

Purpose: Relative to other types of innovations, little is known about business model innovation, let alone the process of managing the risks involved in that process. Using the emerging (enterprise) risk management literature, an approach is proposed through which risk management can be embedded in the business model innovation process.

Design: The integrated business model innovation risk management model developed in this paper has been tested through an action research study in a Danish company.

Findings: The study supports our proposition that the implementation of risk management throughout the innovation process reduces the risks related to the uncertainty and complexity of developing and implementing a new business model.

Originality: The study supports the proposition that the implementation of risk management throughout the innovation process reduces the risks related to the uncertainty and complexity of developing and implementing a new business model. The business model risk management model makes managers much more focused on identifying problematic issues and putting explicit plans and timetables into place for resolving/reducing risks, and assists companies in aligning the risk treatment choices made during the

研究目的：相较于其他类型的创新，学界对商业模式创新（business model innovation）的研究仍较为匮乏，更遑论该过程中相关风险的管理流程。本文依托新兴的（企业）风险管理（enterprise risk management）相关文献，提出了一种可将风险管理嵌入商业模式创新全流程的方法。

研究设计：本文构建的整合式商业模式创新风险管理模型，已通过某丹麦企业开展的行动研究（action research）得到实证检验。

研究发现：本研究验证了我们提出的命题，即在创新全流程中落实风险管理，能够有效降低开发与实施新型商业模式过程中因不确定性与复杂性带来的风险。

研究创新性：本研究再次验证了前述命题，即在创新全流程中推行风险管理，可有效降低开发与实施新型商业模式过程中因不确定性与复杂性引发的风险。该商业模式风险管理模型能够帮助管理者更精准地识别潜在问题，制定明确的风险应对计划与时间表以解决或降低风险，并助力企业协调统一在[原文未完整收尾]过程中所作出的风险处置决策。