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THE ROLE OF BUSINESS MODEL INNOVATION FOR PRODUCT INNOVATION PERFORMANCE

TAVASSOLI, SAM LU and BENGTSSON, LARS LU (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
organization
publishing date
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
publisher
World Scientific
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
2019-01-14 18:06:07
@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>},
  articleno    = {1850061},
  author       = {TAVASSOLI, SAM and BENGTSSON, LARS},
  issn         = {1363-9196},
  keyword      = {Business model innovation,business models,community innovation survey,dynamic capabilities,innovation performance,product innovation},
  language     = {eng},
  month        = {03},
  number       = {7},
  publisher    = {World Scientific},
  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},
  volume       = {22},
  year         = {2018},
}