Business Model Innovation in Aerospace Industrial Value Chains - A Study of Future Challenges

Purpose and goal

The project intends to identify and analyse challenges and issues to develop future business models within the aerospace value chain. As a starting point, the project focuses on the complex and high-tech value chain within the Swedish aviation industry. With ongoing changes in the aviation industry, there is reason to question how the current business models are equipped to meet future challenges. This study aims to challenge the prevailing business models within the aerospace value chain and identify possible areas for development and potential directions for future business.

Expected effects and result

The results of the project over both the short and long term are expected to be: 1. To identify essential business model components for companies in the aerospace value chain that can be further studied. Prioritisation can be an outcome, what can be done in the short term and what is possible over a more extended period. 2. To identify networks with relevant key actors from academia and industry. 3. Understand how a well-developed business model and its various components are decisive enablers of change.

Planned approach and implementation

The project consists of six work packages. Two packages deal with network building and knowledge dissemination/implementation. Three packages deal with the three dimensions of a business model: value creation, value offering and value distribution. In addition, a work package deals with sustainability in value chains. The project will be carried out mainly through interview studies with representatives of different actors with different roles within the identified aviation industry value chain and with actors with an identified relevance to this value chain.