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Factors driving and hindering business model innovations for mobility sector start-ups

Van Den Heuvel, C; Kao, PJ; Matyas, M; (2020) Factors driving and hindering business model innovations for mobility sector start-ups. Research in Transportation Business and Management , 37 , Article 100568. 10.1016/j.rtbm.2020.100568. Green open access

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Abstract

In cities around the globe companies are starting to provide alternative forms of transport. These include micro-mobility, bike sharing, Mobility-as-a-Service and autonomous vehicles. One of the challenges of these businesses is to design and innovate business models that are able to extract value from providing their services. This study analyses the internal and external factors that influence business model innovation within mobility sector start-ups. The factors are identified and analysed using in-depth interviews with mobility sector players. The results indicate that client/customer influence, legislation and the partners of the businesses are experienced as external influencing factors of business model innovation, whilst the firm's societal impact vision, a dedicated employee responsible for looking after business model innovation, the decision making structure and internal use of technology are experienced as internal influencing factors of business model innovation. These findings are relevant for both firms and policy makers as it allows them to understand what factors help drive innovation in the mobility sector.

Type: Article
Title: Factors driving and hindering business model innovations for mobility sector start-ups
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.rtbm.2020.100568
Publisher version: https://doi.org/10.1016/j.rtbm.2020.100568
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions.
Keywords: Business model (BM), Business model innovation (BMI), New mobility services, Start-ups
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10117270
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