{"title":"How established firms build digital capabilities for business model innovation: An exploratory case study","authors":"Liping Liang , Siyuan Chen , Dong Wu , Xiaobo Wu","doi":"10.1016/j.jengtecman.2024.101819","DOIUrl":null,"url":null,"abstract":"<div><p>Due to rapid digital advancements, established firms are actively pursuing business model innovation to seize emerging opportunities. By effectively managing digital technologies and related resources, digital capabilities play a crucial role in enabling such innovation. Through an exploratory case study of two established Chinese firms, we propose a process model that reveals a hierarchical structure of digital capabilities and two distinct approaches for utilizing these capabilities to enable exploitative and exploratory business model innovation, respectively. This study contributes to the emerging business model innovation literature by showcasing how digital capabilities are developed and utilized to facilitate business model innovation.</p></div>","PeriodicalId":50209,"journal":{"name":"Journal of Engineering and Technology Management","volume":"72 ","pages":"Article 101819"},"PeriodicalIF":3.7000,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Engineering and Technology Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0923474824000249","RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Due to rapid digital advancements, established firms are actively pursuing business model innovation to seize emerging opportunities. By effectively managing digital technologies and related resources, digital capabilities play a crucial role in enabling such innovation. Through an exploratory case study of two established Chinese firms, we propose a process model that reveals a hierarchical structure of digital capabilities and two distinct approaches for utilizing these capabilities to enable exploitative and exploratory business model innovation, respectively. This study contributes to the emerging business model innovation literature by showcasing how digital capabilities are developed and utilized to facilitate business model innovation.
期刊介绍：
The Journal of Engineering and Technology Management (JET-M) is an international scholarly refereed research journal which aims to promote the theory and practice of technology, innovation, and engineering management.
The journal links engineering, science, and management disciplines. It addresses the issues involved in the planning, development, and implementation of technological capabilities to shape and accomplish the strategic and operational objectives of an organization. It covers not only R&D management, but also the entire spectrum of managerial concerns in technology-based organizations. This includes issues relating to new product development, human resource management, innovation process management, project management, technological fusion, marketing, technological forecasting and strategic planning.
The journal provides an interface between technology and other corporate functions, such as R&D, marketing, manufacturing and administration. Its ultimate goal is to make a profound contribution to theory development, research and practice by serving as a leading forum for the publication of scholarly research on all aspects of technology, innovation, and engineering management.
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