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Survival through Business Model Innovation: A Longitudinal Case Study from the Process Industries
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).ORCID iD: 0000-0001-6476-2547
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).ORCID iD: 0000-0002-0680-1883
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).
2013 (English)Conference paper, Abstract (Refereed)
Abstract [en]

Itis widely acknowledged that the design and quality of the business model is amain building block in what constitute a successful company. In this paper, weapproach the critical question of how firms can successfully renew theirbusiness models over time. The aim is to identify the main sequences of eventsthat precede business model innovation and which trigger evolutionary changesin how a firm develops and capture value. Theoretically, we approach businessmodel innovation as an evolutionary phenomenon by emphasizing the dynamic andpath dependent aspects of strategic change processes. Empirically, we employ ahistorical case study where we make an in-depth analysis of a firm in theprocess industry that has managed to innovate its business model several timessince its inception. In all, the study identifies five main sequences of eventsrelated to customer value proposition, strategic investments, corporateidentity, corporate structure, and value networks.

Place, publisher, year, edition, pages
2013.
Keyword [en]
Business model innovation, process industries, case study, sequence analysis, metal powder.
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hh:diva-24038OAI: oai:DiVA.org:hh-24038DiVA: diva2:668653
Conference
The 6th ISPIM Innovation Symposium, Melbourne, Australia, December 8-11
Funder
Knowledge Foundation
Available from: 2013-12-02 Created: 2013-12-02 Last updated: 2017-04-18Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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Language
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