THE ROLE OF BUSINESS MODEL INNOVATION FOR PRODUCT INNOVATION PERFORMANCE
(2018) In International Journal of Innovation Management 22(7).- Abstract
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... (More)
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.
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- author
- TAVASSOLI, SAM LU and BENGTSSON, LARS LU
- organization
- publishing date
- 2018-03-23
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Business model innovation, business models, community innovation survey, dynamic capabilities, innovation performance, product innovation
- in
- International Journal of Innovation Management
- volume
- 22
- issue
- 7
- article number
- 1850061
- publisher
- World Scientific Publishing
- external identifiers
-
- scopus:85044460966
- ISSN
- 1363-9196
- DOI
- 10.1142/S1363919618500615
- language
- English
- LU publication?
- yes
- id
- a86885d1-d749-4991-90ae-2c1150d6ec96
- date added to LUP
- 2018-05-22 09:34:51
- date last changed
- 2025-04-04 14:29:45
@article{a86885d1-d749-4991-90ae-2c1150d6ec96, abstract = {{<p>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.</p>}}, author = {{TAVASSOLI, SAM and BENGTSSON, LARS}}, issn = {{1363-9196}}, keywords = {{Business model innovation; business models; community innovation survey; dynamic capabilities; innovation performance; product innovation}}, language = {{eng}}, month = {{03}}, number = {{7}}, publisher = {{World Scientific Publishing}}, series = {{International Journal of Innovation Management}}, title = {{THE ROLE OF BUSINESS MODEL INNOVATION FOR PRODUCT INNOVATION PERFORMANCE}}, url = {{http://dx.doi.org/10.1142/S1363919618500615}}, doi = {{10.1142/S1363919618500615}}, volume = {{22}}, year = {{2018}}, }