What is the business value of Service Oriented Architecture? Although the SOA paradigm has become quite evident in IS literature, a comprehensive model of the SOA business value is still lacking. Based on a literature review and on a multitheoretical foundation, drawing on the adoption of innovations literature and on the resource-based view as well as on resource dependency theory, we attempt to develop a research model which captures the business value of SOA, applicable to empirical research in subsequent studies.