scholarly journals Only the Brave: Product Innovation, Service Business Model Innovation, and Their Impact on Performance

2014 ◽  
Vol 33 (1) ◽  
pp. 36-52 ◽  
Author(s):  
Ivanka Visnjic ◽  
Frank Wiengarten ◽  
Andy Neely
Keyword(s):  
Business Model ◽  
Product Innovation ◽  
Business Model Innovation ◽  
Service Business

scholarly journals Antecedent and outcomes of innovation-based growth strategies for exporting SMEs

2017 ◽  
Vol 24 (4) ◽  
pp. 733-752 ◽  
Author(s):  
Mohammad Javadinia Azari ◽  
Tage Koed Madsen ◽  
Øystein Moen
Keyword(s):  
Business Model ◽  
Product Innovation ◽  
Structural Equation ◽  
Negative Impact ◽  
Export Performance ◽  
Positive Association ◽  
Business Model Innovation ◽  
Growth Strategies ◽  
Content Type ◽  
Different Types

Purpose The purpose of this paper is to investigate the antecedent and outcomes of different types of innovation as complementary growth strategies, which may enable exporting small- to medium-sized enterprises (SMEs) to achieve success in export markets. Design/methodology/approach This study is based upon a quantitative survey on Norwegian exporting SMEs. A total of 380 questionnaires were received representing 16.8 per cent response rate. A structural equation modelling analysis is carried out on the sample. Findings The study finds positive and significant associations between the firm’s growth ambition and the pursuance of product and business model innovations. Moreover, the firm’s export degree and scope has a significant and positive association with its product innovation strategy, but the association with its business model innovation is significantly negative. Research limitations/implications The study’s findings indicate that future studies should incorporate different types of innovation strategies since their associations with export performance differ substantially. Treating innovation as a general construct appears to be too simplistic. Practical implications The study’s results indicate that focus on product innovation enhances the export performance of SMEs, but that focus on business model innovation has a negative impact. The latter may be too costly and distract focus from the firm’s core competences, whereas product innovation can be assumed to provide further competitive strength. Originality/value By taking a holistic approach towards innovation, this study addresses a gap in the literature on innovation and exporting in SMEs in order to investigate the association between different types of innovation-based growth strategies and the firms’ export prosperity.

Steering Manufacturing Firms towards Service Business Model Innovation

2013 ◽  
Vol 56 (1) ◽  
pp. 100-123 ◽  
Author(s):  
Ivanka Visnjic Kastalli ◽  
Bart Van Looy ◽  
Andy Neely
Keyword(s):  
Business Model ◽  
Manufacturing Firms ◽  
Business Model Innovation ◽  
Service Business

scholarly journals THE ROLE OF BUSINESS MODEL INNOVATION FOR PRODUCT INNOVATION PERFORMANCE

2018 ◽  
Vol 22 (07) ◽  
pp. 1850061 ◽  
Author(s):  
SAM TAVASSOLI ◽  
LARS BENGTSSON
Keyword(s):  
Business Model ◽  
Product Innovation ◽  
Large Scale ◽  
Dynamic Capabilities ◽  
Business Model Innovation ◽  
Innovation Performance ◽  
Community Innovation Survey ◽  
Product Innovations ◽  
Isolating Mechanisms

We analyse the effect of business model innovation (BMI) on the product innovation performance of firms, based on a dynamic capabilities theoretical framework. Our empirical study is based on a large-scale representative sample of cross-industry Swedish firms participating in three waves of the Community Innovation Survey (CIS) from 2008 to 2012. We hypothesise that BMI in the form of product innovations combined with different complementary and simultaneous innovations in processes, marketing and organisation will act as isolating mechanisms towards replication by competitors, resulting in superior firm performance. Our findings provide support for such hypothesis. BMI is significantly and positively associated with superior product innovation performance. Managers should frame and align product innovations in BMI context, i.e., dynamically adapting product innovations with process, marketing and organisation innovations.

An Integrated Business Model Innovation Approach

2010 ◽  
Vol 1 (3) ◽  
pp. 1-13 ◽  
Author(s):  
Roman Boutellier ◽  
Markus Eurich ◽  
Patricia Hurschler
Keyword(s):  
Business Model ◽  
Communication Technology ◽  
Product Innovation ◽  
Business Models ◽  
Business Model Innovation ◽  
Competitive Advantages ◽  
Information And Communication ◽  
Ict Industry ◽  
Innovation Approach

This chapter will foster the understanding of business model innovation with a focus on the Information and Communication Technology (ICT) industry and e-entrepreneurship. A general overview of business models and their elements as well as an introduction to innovation alternatives will provide the necessary background for business model innovation. On the basis of Schumpeterian innovation, this chapter will pioneer in describing business model innovation as addendum to Abernathy’s and Utterback’s dynamic model of process and product innovation. Thereby an integrated business model innovation approach will be initiated overcoming the drawbacks of unilateral innovation. The integrated business model innovation approach proposes a framework for long-term differentiation and competitive advantages. Different examples, in particular ICTventures, will clarify the effect of integrated business model innovation.

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