The business model dilemma of technology shifts

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From rapid prototyping to home fabrication: How 3D printing is changing business model innovation (2016, background): “While business models naturally evolve overtime, ﬁ rms sometimes need to shift from one business model to another either to leverage arising pro ﬁ t and growth opportunities (Willemstein et al., 2007), or to avoid the potentially lethal effects of technological shifts (Tongur and Engwall, 2014).”
Business models as drivers of the low carbon power system transition: a multi-level perspective (2016, background): “These systems also redefine needs for technology ownership as well as introduce 48 alternative financial schemes (Gelbmann and Hammerl, 2014; Tongur and Engwall, 2014).”
Emerging Technology and Business Model Innovation: The Case of Artificial Intelligence (2019, background): “That is, while the literature mainly focuses on external factors that may pressure companies to engage in business model innovation, one recently blossoming research stream examines how the introduction of new technology engages companies to innovate their business model [8,9].”
Business model innovation and third-party alliance on the survival of new firms (2015, background): “In addition, recent studies have highlighted the importance of service based customer value proposition for business model innovation in the context of technology shifts (Tongur and Engwall 2014)), the role of”