TY - JOUR
T1 - Uncovering business model innovation contexts
T2 - A comparative analysis by fsQCA methods
AU - To, Chester K.M.
AU - Au, Joe S.C.
AU - Kan, C. W.
PY - 2019/8
Y1 - 2019/8
N2 - Business model innovation purports to create new business values in uncharted market ecologies. In addressing questions of how business contexts can shape and impose urgency on business model innovation, this research reviews and puts forth five classes of contextual antecedents, namely, business eco-networks, the business actors' behavioral orientation, mastery of technology, rules and governance, and business complexity. The research also posits that the configurations of these contextual antecedents mediate two business model performance outcomes: adaptive agility, and resource capability. This research conceives the antecedents that mediate outcomes in complex multiconfiguration contexts, and analyses their relationships using fuzzy-set qualitative comparative analysis (fsQCA) methods. Using data from an empirical survey of 42 innovation start-ups, this research corroboration concludes with relevant implications for managing business model innovation. The research results identify seven antecedent configurations multimorphologically leading to the same outcomes. As uncovered by the analysis, the mastery of technology and business complexity are the most salient, necessary antecedents. This research contributes to the business strategy literature, as well as to innovation management, by characterizing the configurative conditions for the effective pursuit of business model innovation.
AB - Business model innovation purports to create new business values in uncharted market ecologies. In addressing questions of how business contexts can shape and impose urgency on business model innovation, this research reviews and puts forth five classes of contextual antecedents, namely, business eco-networks, the business actors' behavioral orientation, mastery of technology, rules and governance, and business complexity. The research also posits that the configurations of these contextual antecedents mediate two business model performance outcomes: adaptive agility, and resource capability. This research conceives the antecedents that mediate outcomes in complex multiconfiguration contexts, and analyses their relationships using fuzzy-set qualitative comparative analysis (fsQCA) methods. Using data from an empirical survey of 42 innovation start-ups, this research corroboration concludes with relevant implications for managing business model innovation. The research results identify seven antecedent configurations multimorphologically leading to the same outcomes. As uncovered by the analysis, the mastery of technology and business complexity are the most salient, necessary antecedents. This research contributes to the business strategy literature, as well as to innovation management, by characterizing the configurative conditions for the effective pursuit of business model innovation.
KW - Adaptive agility
KW - Business model innovation
KW - fsQCA
KW - Resource capability
KW - Set-theoretic context analysis
UR - http://www.scopus.com/inward/record.url?scp=85058650266&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2018.12.042
DO - 10.1016/j.jbusres.2018.12.042
M3 - Journal article
AN - SCOPUS:85058650266
SN - 0148-2963
VL - 101
SP - 783
EP - 796
JO - Journal of Business Research
JF - Journal of Business Research
ER -