Business model and technology innovation in organizations

The mission and the purpose of this project is to conduct organizational research in business model and technology innovation practices and transformation processes in Oman and compare them against innovative organizations in emerging and innovative economies. Innovation is widely accepted as the growth engine of economies and there is a major shift towards innovating business models. BMI is as process of searching, experimentation, transformation and innovative outcomes. To date published research lack details into innovation processes or empirical evidence in Oman. The importance of this research study is timely and would contribute to the fields of strategy and technology innovation.The objective of this study is to investigate business model and technology innovation in organizations. Case studies will be chosen through purposeful sampling to describe real-world practices for theory building. Data will be collected through semi-structured interviews with organizational managers that will cover questions regarding ?how managers search, experiment, transform and innovate their business models and technology?. The aim is to seek explanations and a deeper understanding of business model and technological innovation and transformation processes within organizations. Furthermore cognitive maps will be developed to provide an illustrative way of thinking processes of managers in organizations during the innovation process. At the end of the study results will be compared between organizations in different economies and managerial and policy alternatives for Oman will be developed to contribute to Oman?s innovativeness.