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Resource re-orchestration and firm survival in crisis periods: The role of business models of technology MNEs during COVID-19
University of Nottingham, Nottingham, United Kingdom.
University of Bradford, Bradford, United Kingdom.ORCID iD: 0000-0002-3737-954X
OSL Risk Management Ltd, Hull, United Kingdom.ORCID iD: 0000-0002-6936-7666
University of Huddersfield, Huddersfield, United Kingdom.ORCID iD: 0000-0002-1492-4250
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2023 (English)In: Technovation, ISSN 0166-4972, E-ISSN 1879-2383, Vol. 125, article id 102769Article in journal (Refereed) Published
Abstract [en]

Using data from world-leading digital-driven/technology multinational enterprises (DTMNEs), we draw from the resource orchestration theory to investigate the associations between business model (BM) drivers and firm performance during crisis periods. Drawing on data from the COVID-19 pandemic period, we deploy diverse analytical approaches including multivariate linear regressions and aggregated composite index statistical methods in examining how the BMs of our sampled DTMNEs drive firm performance. Our study highlights six methodological approaches that can be utilised by decision-makers in examining which variables in their BM drive better firm performance. Our findings revealed that the principal component analysis and multicriteria decision analysis (PROMETHEE methods) that espouse the use of aggregate composite index can provide significant and consistent predictive results in comparison to the traditional linear methods when examining the association between BM and firm performance during crisis periods. The paper provides policy and managerial implications on how firms and decision-makers can bolster business continuity, resilience, and plasticity by using analytical lenses that identify optimum resource orchestration during crises. © 2023 The Authors

Place, publisher, year, edition, pages
Oxford: Elsevier, 2023. Vol. 125, article id 102769
Keywords [en]
Agility, Artificial intelligence, Business models, Digitalisation, Machine learning, Resource orchestrations
National Category
Information Systems
Identifiers
URN: urn:nbn:se:hh:diva-51451DOI: 10.1016/j.technovation.2023.102769ISI: 001015371900001Scopus ID: 2-s2.0-85161056670OAI: oai:DiVA.org:hh-51451DiVA, id: diva2:1789069
Available from: 2023-08-17 Created: 2023-08-17 Last updated: 2023-08-17Bibliographically approved

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Johansson, Jeaneth

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