TY - JOUR U1 - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed) A1 - Downs, James A1 - Velamuri, Vivek K. T1 - Business model innovation in a knowledge revolution BT - an evolutionary theory perspective JF - Managerial and decision economics : MDE ; the international journal of research and progress in management economics N2 - For knowledge-intensive industries, a need remains to increase clarity on the dynamics through which business model innovation occurs. Progress has been limited owing to complexities in these industries and to the underlying ontology of the business model concept itself. Through a conceptual methodology, our findings expose impediments to current business model theory and propose economic evolutionary theory as a useful alternative lens through which to address these limitations. This research contributes to the literature by broadening the traditional scope of the economic evolutionary view as relevant for business model innovation research and by offering a corresponding framework for future research. Y1 - 2018 SN - 0143-6570 SS - 0143-6570 U6 - https://doi.org/10.1002/mde.2926 DO - https://doi.org/10.1002/mde.2926 VL - 39 IS - 5 (July 2018) SP - 550 EP - 562 ER -