scholarly journals Bridging entrepreneurial competencies and business model innovation: insights on business renewal in the small horticulture businesses in Finland

2019 ◽  
Vol 28 (3) ◽  
Author(s):  
Taina Eriksson ◽  
Hilkka Halla ◽  
Marikka Heikkilä ◽  
Helka Kalliomäki
Keyword(s):  
Empirical Study ◽  
Business Model ◽  
Driving Force ◽  
Business Model Innovation ◽  
Venture Performance ◽  
The Core ◽  
Innovation Model ◽  
Entrepreneurial Competencies ◽  
Internal Drivers

Entrepreneurial competencies are connected to venture performance, but the link between these competencies and the business model (BM) innovation is scarcely studied. This article is among the first to study entrepreneurial competencies as a driving force for BM innovation. This paper presents a qualitative empirical study of six innovative horticulture entrepreneurs in Finland. We contribute to two separate literature streams, competence and BM literature, by combining competence categories (Mitchelmore and Rowley 2010) and BM Innovation model (Foss and Saebi 2017) in the analysis of innovative entrepreneurs. This paper provides evidence on entrepreneurial competencies being internal drivers for BM innovation, and also identifies the core entrepreneurial competences related to BM innovation.

Business model innovation canvas: a visual business model innovation model

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yuran Jin ◽  
Shoufeng Ji ◽  
Li Liu ◽  
Wei Wang
Keyword(s):  
3D Printing ◽  
Business Model ◽  
Innovation Process ◽  
Theory Model ◽  
Business Model Innovation ◽  
Mass Selection ◽  
Unified Framework ◽  
Content Type ◽  
Innovation Model ◽  
First Time

PurposeMore and more enterprises have realized the importance of business model innovation. However, the model tools for it are still scarce. There is a clear research gap in this academic field. Therefore, the aim of this study is to put forward a visual business model innovation model.Design/methodology/approachThe scientific literature clustering paradigm of grounded theory is used to design business model innovation theory model (BMITM). BMITM and the business model innovation options traced back from 870 labels in the grounded process are integrated into a unified framework to build the business model innovation canvas (BMIC).FindingsBMIC composed of three levels and seven modules is successfully developed. 145 business model innovation options are designed in BMIC. How to use BMIC is explained in detail. Through the analysis of innovation hotspots, the potential business model innovation directions can be found. A new business model of clothing enterprises using 3D printing is innovated with BMIC as an example.Research limitations/implicationsCompared with the previous tools, BMIC owns a clearer business model innovation framework and provides a problem-oriented business model innovation process and mechanism.Practical implicationsBMIC provides a systematic business model innovation solution set and roadmap for business model innovation practitioners.Originality/valueBMIC, a new tool for business model innovation is put forward for the first time. “Mass Selection Customization-Centralized Manufacturing” designed with BMIC for the clothing enterprises using 3D printing is put forward for the first time.

scholarly journals Business Model Innovation of Industry 4.0 Solution Providers Towards Customer Process Innovation

Processes ◽  
2018 ◽  
Vol 6 (12) ◽  
pp. 260 ◽  
Author(s):  
Julian Marius Müller ◽  
Simon Däschle
Keyword(s):  
Empirical Study ◽  
Business Model ◽  
Industry 4.0 ◽  
Process Innovation ◽  
Theoretical Background ◽  
Business Model Innovation ◽  
Process Improvements ◽  
Current State ◽  
State Of Research

The article investigates the role of business model innovation by Industry 4.0 solution providers and their impact on process innovation of their customers. Industry 4.0 solution providers are hereby seen as the enablers and providers of Industry 4.0 technologies, which provide access to several potentials of Industry 4.0 technologies to their customers. In particular, the role of small and medium-sized enterprises (SMEs) that provide solutions that are based on Industry 4.0 technologies for their customers are investigated, which in turn can improve and innovate their own processes. Frist, the article presents an overview of the current state of research and a brief theoretical background. Second, the article bases its findings on an empirical study of 111 Industry 4.0 providers from Germany that are SMEs. Analyzing the results of questionnaires, correlations between Industry 4.0 solutions and two perspectives are examined: benefits for the solution providers and benefits for process improvements and innovations of the customers. Subsequently, the article discusses these findings, closing the article with both managerial and research implications.

Research on SME Model Innovation under the Transformation and Upgrading Background

2014 ◽  
Vol 687-691 ◽  
pp. 4524-4527 ◽  
Author(s):  
Ya Bing Jiao
Keyword(s):  
Business Model ◽  
Business Models ◽  
Swot Analysis ◽  
Development Trend ◽  
Economic Transformation ◽  
Business Model Innovation ◽  
Shandong Province ◽  
Innovation Model ◽  
The Development Trend ◽  
Further Development

In this paper, the background for the next upgrade, Shandong Province Small and medium-sized enterprises business model business model innovation model design, and SWOT analysis of the business model for evaluation. With the development trend of economic transformation and upgrading, enterprises will increasingly rely on the further development of enterprises by building business models. Business model innovation will be an important way to SMEs’ upgrading and transformation development in Shandong Province.

Empirical Study on the Influencing Factors of Business Model Innovation

2014 ◽  
Vol 687-691 ◽  
pp. 4746-4749 ◽  
Author(s):  
Yu Juan Guan ◽  
Guang Qiu Huang
Keyword(s):  
Social Capital ◽  
Statistical Analysis ◽  
Empirical Study ◽  
Influencing Factors ◽  
Business Model ◽  
Structural Equation ◽  
Technology Innovation ◽  
Positive Impact ◽  
Equation Model ◽  
Business Model Innovation

This paper presents a structural equation model, focuses on the influencing factors of business model innovation. Data are collected in some small and medium-sized enterprises. Totally 237 valid questionnaires were collected, and use Smart PLS for statistical analysis. Empirical results show that technology innovation investment, enterprise knowledge and social capital have positive impact on business model innovation.

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