Business models, dynamic capabilities, and strategy are interdependent. The strength of a

firm's dynamic capabilities help shape its proficiency at business model design. Through its

effect on organization design, a business model influences the firm's dynamic capabilities and

places bounds on the feasibility of particular strategies. While these relationships are understood at a theoretical level, there is a need for future empirical work to flesh out the details.

In particular, studies that provide a better understanding of business model innovation,

implementation, and change will also shed light on important aspects of dynamic capabilities