Mechanism and countermeasures of “The Innovator's Dilemma” in business model

Wang, Chengbin; Fang, Yongyan; Zhou, Chuan

doi:10.1016/j.jik.2022.100169

Cited by 20 publications

(9 citation statements)

References 79 publications

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“…“Business model innovation” is a research stream highly related to the strategy field (Foss and Saebi 2017 ), and emerging technologies are one of the triggers for business model innovation (Astrom et al 2022 ; Guo et al 2022a ). There is no consensus regarding the effect of business model innovation on value creation and firm performance, which varies from firm to firm due to resource differences (Wang et al 2022 ). To explore the impact mechanism of business model innovation, Guo et al ( 2022a ) divided business model innovation into three parts, value proposition, value creation, and value capture innovation, finding that value proposition innovation is positively related to digital start-up performance, whereas value creation and value capture innovation play moderating roles in the relationship (Guo et al 2022a ).…”

Section: Resultsmentioning

confidence: 99%

Advances in the innovation of management: a bibliometric review

Lin¹,

Ribeiro‐Navarrete²,

Chen

et al. 2023

Rev Manag Sci

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As the production model transforms from industrial manufacturing to a knowledge-based economy, management innovation becomes a strong driving force for economic growth and social development. This study examines academic findings on management innovation using the latest bibliometric methods and visualization tools based on papers published in top management journals in the Web of Science database from 2008 to 2022. (1) There are three main research hotspots. Through citation orientation, the research hotspots are business model innovation and environmental innovation; through outcome orientation, the research hotspot is knowledge innovation; and through intermediary orientation, the research hotspot is open innovation. (2) Regarding the distribution of major research institutions, seven institutions in the United States focus on innovation research and have a high impact. Six institutions in the United Kingdom focus on innovation research. Meanwhile, nine and three related institutions in Europe and Asia focus on innovation research, respectively. (3) Distribution of innovation articles in journals, Research Policy , Technovation , Journal of Product Innovation Management , and Industrial Marketing Management , contains the largest number of innovation research articles. Furthermore, this study examines new hot topics with time change and digital innovation. This paper provides the latest overview of innovation research in management and discusses the evolution and development of this field.

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Section: Resultsmentioning

confidence: 99%

Advances in the innovation of management: a bibliometric review

Lin¹,

Ribeiro‐Navarrete²,

Chen

et al. 2023

Rev Manag Sci

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“…The environmental context consisting of the arena where a firm conducts its business is expected to affect the organizational decision to adopt technology innovation. The role of the external environment has been highlighted in previous research in the innovation literature [37] arguing that environmental changes, coupled with environmental uncertainty, challenge traditional business models and are critical triggers of innovation [69]. The business environment refers to external pressures and/or support for adoption, such as industry characteristics, market structure, competition [11], government regulation [13], and business infrastructure [12].…”

Section: B Hypotheses Development 1) Business Environment and Digital...mentioning

confidence: 99%

Drivers of Digital Transformation in SMEs

Omrani

Khachlouf

Maâlaoui

et al. 2024

IEEE Trans. Eng. Manage.

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This study aims to identify and analyze factors determining the adoption of digital technologies in SMEs. Drawing on the technology-organization-environment framework, the study highlights enabling factors from three different contexts and hypothesizes their relationship with digital technology adoption. The data used were collected from 15 346 European Union and non-European Union SMEs to test an ordered logit regression model that highlights the factors associated with an increased level of digital technologies adoption in SMEs. The empirical results show that the technology context (IT infrastructure and digital tools) along with the existing level of innovation are the main drivers that act as stepping stones in digital technology adoption. Corporate regulation, available skills, and financial resources (as organizational variables) also play a significant role in the adoption decision. Unexpectedly, the influence of the environmental context is marginal. The implications of this study are emphasized for theory and practice, laying a foundation for further empirical studies in this field. Managerial relevance statement: This article reviews the empirical research on digital technologies adoption and examines the drivers of such adoption in SMEs. The factors identified provide guidance for practitioners adopting digital technologies in SMEs, by suggesting they assess the readiness of their firms before investing in digital technology. This research helps advance the conversation on digitalization drivers especially by bringing the discussion into the organization boundaries, as our findings highlight the predominance of organizational drivers over the technological and environmental ones. SMEs have to overcome the challenges associated with constructing an IT infrastructure capable of implementing new technologies. Indeed, while striving to adopt new digital technologies (e.g., AI, big data, IoT), many SMEs are still unprepared. Therefore, rather than adopting mimetic behaviors based on external pressure, SMEs that aim for digitalization should first assess their existing technologies, and further develop

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“…A business model (BM) defines how business is done (Donner et al, 2021). Further, BM innovation (BMI) has become an interesting topic in recent management research (Wang et al, 2022). Although creating an innovative or new business model can be equally important in terms of value creation for society, capturing the hidden value of the business is only possible unless the capacity exists to create innovative BMs (Teece, 2010).…”

Section: Constructing a New Business Model And Use Of Trizmentioning

confidence: 99%

Defining a New Business Model for Sustainable Biomass Production from Forestry Residues in Türkiye by Using TRIZ

Danışman

Akkartal

2023

IJEEP

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Global Energy demand is growing steadily. However, the world’s primary energy resources are fossil fuel based, and they are finite. Furthermore, it causes irreparable damage to the precious environment. Therefore, energy resources need to shift towards renewables, which can deliver sustainable growth and a climate-neutral outcome. While Türkiye has been quickly adopting renewable energy sources for power generation, it has yet to see opportunities for biomass generated from forestry residues readily available in abundant supply with an estimated quantity of about 5 million tons. However, most of this residue is left untouched in the forest due to a perceived lack of demand for this resource. This study aims to define a new business model for sustainable biomass production from forestry residues that will overcome this false perception. The new model was defined by using a creative problem-solving method, known as the Theoria Resheneyva Isobretatelskehuh Zadach (TRIZ). Through the semi-structured interviews with open-ended questions, the authors analyzed the responses by qualitative data content analysis (QDCA) to serve the rules of TRIZ. The new business model requires employing a small business unit (SBU) approach. It contains the involvement of forest villagers (FVs) engaged in a self-employment structure and regulated by the authorities.

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Mechanism and countermeasures of “The Innovator's Dilemma” in business model

Cited by 20 publications

References 79 publications

Advances in the innovation of management: a bibliometric review

Advances in the innovation of management: a bibliometric review

Drivers of Digital Transformation in SMEs

Defining a New Business Model for Sustainable Biomass Production from Forestry Residues in Türkiye by Using TRIZ

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