Toward a capability-based conceptualization of business model innovation: Insights from an explorative study

R and D Management

Volumn 44, Issue 5, 2014, Pages 429-449

  Mezger, Florian ^a,b  

^a University of Pittsburgh Zeppelin Universität   (Germany)

^b BOSTON CONSULTING GROUP   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84921950861     PISSN: 00336807     EISSN: 14679310     Source Type: Journal    
DOI: 10.1111/radm.12076     Document Type: Article

References (80)

1. Amit, R. and Shoemaker, P. (1993) Strategic assets and organizational rent. Strategic Management Journal, 14, 33-46.
2. Amit, R. and Zott, C. (2001) Value creation in e-business. Strategic Management Journal, 22, 493-520.
3. Anand, N., Gardner, H.K., and Morris, T. (2007) Knowledge-based information: emergence and embedding of new practice areas in management consulting firms. Academy of Management Journal, 50, 406-428.
4. Baden-Fuller, C. and Morgan, M.S. (2010) Business models as models. Long Range Planning, 43, 156-171.
5. Barreto, I. (2010) Dynamic capabilities: a review of past research and an agenda for the future. Journal of Management, 36, 256-280.
6. Berghman, L.A., Matthyssens, P., and Vandenbempt, K. (2006) Building competences for new customer value creation: an exploratory study. Industrial Marketing Management, 35, 961-973.
7. Berghman, L.A., Matthyssens, P., Streukens, S., and Vandenbempt, K. (2013) Deliberate learning mechanisms for stimulating strategic innovation capacity. Long Range Planning, 46, 39-71.
8. Bingham, C.B., Eisenhardt, K.M., and Furr, N.R. (2007) What makes a process a capability? Heuristics, strategy, and effective capture of opportunities. Strategic Entrepreneurship Journal, 1, 27-47.
9. Björkdahl, J. (2009) Technology cross-fertilization and the business model: the case of integrating ICTs in mechanical engineering products. Research Policy, 38, 1468-1477.
10. Bucherer, E., Eisert, U., and Gassmann, O. (2012) Towards systematic business model innovation: lessons from product innovation management. Creativity & Innovation Management, 21, 183-198.
11. Buisson, B. and Silberzahn, P. (2010) Blue ocean strategy or fast second innovation? A four-breakthrough model to explain successful market domination. International Journal of Innovation Management, 14, 359-378.
12. Capron, L. and Mitchell, W. (2009) Selection capability: how capability gaps and internal social frictions affect internal and external strategic renewal. Organization Science, 20, 294-312.
13. Casadesus-Masanell, R. and Ricart, J.E. (2010) From strategy to business models and onto tactics. Long Range Planning, 43, 195-215.
14. Casadesus-Masanell, R. and Zhu, F. (2013) Business model innovation and competitive imitation: the case of sponsor-based business models. Strategic Management Journal, 34, 464-482.
15. Chesbrough, H. (2006) Open Business Models: How to Thrive in the New Innovation Landscape. Cambridge, MA: Harvard Business School Press.
16. Chesbrough, H. (2010) Business model innovation: opportunities and barriers. Long Range Planning, 43, 354-363.
17. Chesbrough, H. and Rosenbloom, R.S. (2002) The role of the business model in capturing value from innovation: evidence from Xerox Corporation's technology spinoff companies. Industrial and Corporate Change, 11, 529-555.
18. Danneels, E. (2002) The dynamics of product innovation and firm competences. Strategic Management Journal, 23, 1095-1121.
19. Danneels, E. (2008) Organizational antecedents of second-order competences. Strategic Management Journal, 29, 519-543.
20. Day, G.S. (1994) The capabilities of market-driven organizations. Journal of Marketing, 58, 37-52.
21. Demil, B. and Lecoq, X. (2010) Business model evolution: in search of dynamic consistency. Long Range Planning, 43, 227-246.
22. Desyllas, P. and Sako, M. (2013) Profiting from business model innovation: evidence from Pay-As-You-Drive auto insurance. Research Policy, 42, 101-116.
23. Doz, Y.L. and Kosonen, M. (2010) Embedding strategic agility: a leadership agenda for accelerating business model renewal. Long Range Planning, 43, 370-382.
24. Eisenhardt, K.M. (1989) Building theory from case study research. Academy of Management Review, 14, 532-550.
25. Eisenhardt, K.M. and Graebner, M.E. (2007) Theory building from cases: opportunities and challenges. Academy of Management Journal, 50, 25-32.
26. Eisenhardt, K.M. and Martin, J.A. (2000) Dynamic capabilities: what are they? Strategic Management Journal, 21, 1105-1121.
27. Ellonen, H.-K., Jantunen, A., and Kuivalainen, O. (2011) The role of dynamic capabilities in developing innovation-related capabilities. International Journal of Innovation Management, 15, 459-478.
28. Enkel, E. and Mezger, F. (2013) Imitation processes and their application for business model innovation: an explorative study. International Journal of Innovation Management, 17, 13400051-134000534.
29. Eppler, M.J., Hoffmann, F., and Bresciani, S. (2011) New business models through collaborative idea generation. International Journal of Innovation Management, 15, 1323-1341.
30. Floyd, S.W. and Lane, P.J. (2000) Strategizing throughout the organization: managing role conflict in strategic renewal. Academy of Management Review, 25, 154-177.
31. Gambardella, A. and McGahan, A.M. (2010) Business-model innovation: general purpose technologies and their implications for industry structure. Long Range Planning, 43, 262-271.
32. Gebauer, H., Worch, H., and Truffer, B. (2012) Absorptive capacity, learning processes and combinative capabilities as determinants of strategic innovation. European Management Journal, 30, 57-73.
33. George, G. and Bock, A.J. (2011) The business model in practice and its implications for entrepreneurship research. Entrepreneurship: Theory and Practice, 35, 83-111.
34. Gibbert, M., Ruigrok, W., and Wicki, B. (2008) What passes as a rigorous case study? Strategic Management Journal, 29, 1465-1474.
35. Günzel, F. and Holm, A.B. (2013) One size does not fit all - understanding the front-end and back-end of business model innovation. International Journal of Innovation Management, 17, 13400021-134000234.
36. Helfat, C.E. and Raubitschek, R.S. (2000) Product sequencing: co-evolution of knowledge, capabilities and products. Strategic Management Journal, 21(10/11), 961-979.
37. Helfat, C.E., Finkelstein, S., Mitchell, W., Peteraf, M.A., Singh, H., Teece, D.J., and Winter, S.G. (2007) Dynamic Capabilities: Understanding Strategic Change in Organizations. London: Blackwell.
38. Heller, T. (1999) Loosely coupled systems for corporate entrepreneurship: imagining and managing the innovation project/host organization interface. Entrepreneurship: Theory and Practice, 24, 27-33.
39. Huber, G.P. and Power, D.J. (1985) Retrospective reports of strategic-level managers: guidelines for increasing their accuracy. Strategic Management Journal, 6, 171-180.
40. Jansen, J.J.P., Van Den Bosch, F.A.J., and Volberda, H.W. (2005) Managing potential and realized absorptive capacity: how do organizational antecedents matter? Academy of Management Journal, 48, 999-1015.
41. Jantunen, A., Ellonen, H.-K., and Johansson, A. (2012) Beyond appearances - do dynamic capabilities of innovative firms actually differ? European Management Journal, 30, 141-155.
42. Jaworski, B.J., Kohli, A.K., and Sahay, A. (2000) Market-driven versus driving markets. Journal of the Academy of Marketing Science, 28, 45-54.
43. Jick, T.D. (1979) Mixing qualitative and quantitative methods: triangulation in action. Administrative Science Quarterly, 24, 602-611.
44. Johnson, M.W., Christensen, C.M., and Kagermann, H. (2008) Reinventing your business model. Harvard Business Review, 86, 50-59.
45. Kim, W.C. and Mauborgne, R. (1997) Value innovation: the strategic logic of high growth. Harvard Business Review, 75, 103-112.
46. Kim, W.C. and Mauborgne, R. (1999) Creating new market space. Harvard Business Review, 77, 83-93.
47. Kumar, N., Stern, L.W., and Anderson, J.C. (1993) Conducting interorganizational research using key informants. Academy of Management Journal, 36, 1633-1651.
48. Kumar, N., Scheer, L., and Kotler, P. (2000) From market driven to market driving. European Management Journal, 18, 129-142.
49. Lumpkin, G.T. and Dess, G.G. (2004) E-business strategies and internet business models: how the internet adds value. Organizational Dynamics, 33, 161-173.
50. McGrath, R.G. (2010) Business models: a discovery driven approach. Long Range Planning, 43, 247-261.
51. Markides, C. (1997) Strategic Innovation. Sloan Management Review, 38, 9-23.
52. Markides, C. (2006) Disruptive innovation: in need of a better theory. Journal of Product Innovation Management, 23, 19-25.
53. Martin, J.A. and Eisenhardt, K.M. (2010) Rewiring: cross-business-unit collaborations in multibusiness organizations. Academy of Management Journal, 53, 265-301.
54. Matzler, K., Bailom, F., von den Eichen, S.F., and Kohler, T. (2013) Business model innovation: coffee triumphs for Nespresso. The Journal of Business Strategy, 34, 30-37.
55. Menguc, B. and Auh, S. (2006) Creating a firm-level dynamic capability through capitalizing on market orientation and innovativeness. Academy of Marketing Science, 34, 63-73.
56. Miles, M.B. and Huberman, A.M. (1994) Qualitative Data Analysis: An expanded Sourcebook. Beverly Hills, California: Sage.
57. Morris, M., Schindehutte, M., and Allen, J. (2005) The entrepreneur's business model: toward a unified perspective. Journal of Business Research, 58, 726-735.
58. Osterwalder, A. and Pigneur, Y. (2010) Business Model Generation. Hoboken: Wiley.
59. Rouse, M.J. and Daellenbach, U.S. (1999) Rethinking research methods for the resource-based perspective: isolating sources of sustainable. Strategic Management Journal, 20, 487-494.
60. Santos, J., Spector, B., and Van der Heyden, L. (2009) Toward a theory of business model innovation within incumbent firms Working paper no. 2009/16/EFE/ST/TOM. Fontainebleau, France: INSEAD.
61. Schneider, S. and Spieth, P. (2013) Business model innovation: towards an integrated future research agenda. International Journal of Innovation Management, 17, 13400011-134000134.
62. Song, M., Dröge, C., Hanvanich, S., and Calantone, R. (2005) Marketing and technology resource complementarity: an analysis of their interaction effect in two environmental contexts. Strategic Management Journal, 26, 259-276.
63. Sosna, M., Trevinyo-Rodríguez, R.N., and Velamuri, S.R. (2010) Business model innovation through trial-and-error learning: the naturhouse case. Long Range Planning, 43, 383-407.
64. Strauss, A.L. and Corbin, J. (2008) Basics of Qualitative Research: Techniques and Procedures for Developing Grounded Theory. Thousand Oaks, CA: Sage Publications.
65. Takeuchi, H. and Nonaka, I. (1986) The new new product development game. Harvard Business Review, 64, 137-146.
66. Teece, D.J. (2007) Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28, 1319-1350.
67. Teece, D.J. (2010) Business models, business strategy and innovation. Long Range Planning, 43, 172-194.
68. Teece, D.J., Pisano, G., and Shuen, A. (1997) Dynamic capabilities and strategic management. Strategic Management Journal, 18, 509-533.
69. Todorova, G. and Durisin, B. (2007) Absorptive capacity: valuing a reconceptualization. Academy of Management Review, 32, 774-786.
70. Tripsas, M. (1997) Surviving radical technological change through dynamic capability: evidence from the typesetter industry. Industrial and Corporate Change, 6, 341-377.
71. Tripsas, M. and Gavetti, G. (2000) Capabilities, cognition, and intertia: evidence from digital imaging. Strategic Management Journal, 21, 1147-1161.
72. Voelpel, S.C., Leibold, M., and Tekie, E.B. (2004) The wheel of business model reinvention: how to reshape your business to leapfrog competitors. Journal of Change Management, 4, 259-276.
73. Winter, S.G. (2003) Understanding dynamic capabilities. Strategic Management Journal, 24, 991-995.
74. Wirtz, B.W., Schilke, O., and Ullrich, S. (2010) Strategic development of business models: implications of the Web 2.0 for creating value on the internet. Long Range Planning, 43, 272-290.
75. Yin, R.K. (2009) Case Study Research: Design and Methods. Thousand Oaks, CA: Sage Publications.
76. Zahra, S.A. (2008) The virtuous cycle of discovery and creation of entrepreneurial opportunities. Strategic Entrepreneurship Journal, 2, 243-257.
77. Zahra, S.A. and George, G. (2002) Absorptive capacity: a review, reconceptualization, and extension. Academy of Management Review, 27, 185-203.
78. Zahra, S.A., Sapienza, H.J., and Davidsson, P. (2006) Entrepreneurship and dynamic capabilities: a review, model and research agenda. Journal of Management Studies, 43, 917-955.
79. Zott, C. and Amit, R. (2010) Designing your future business model: an activity system perspective. Long Range Planning, 43, 216-226.
80. Zott, C., Amit, R., and Massa, L. (2011) The business model: recent developments and future research. Journal of Management, 37, 1019-1042.