A configurational approach to capabilities of business model innovation: Insights from a project-based firm

IF 3.7 3区 管理学 Q2 MANAGEMENT
Kristian Løbner, René Chester Goduscheit
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引用次数: 1

Abstract

The capabilities of business model innovation (BMI) are crucial for the modern firm to remain competitive. This study aims to answer recent calls for a more structured approach to understanding BMI and to researching how the capabilities relate to performance. Furthermore, and despite the rise of the project-based firm, there is still a profound lack of BMI research in the setting of project-based firms – a research stream, which we contribute to developing further. Theoretically, and on the basis of a literature review, we suggest a set of four overall capabilities for BMI with 29 corresponding themes within the areas of strategy, business models, management, and organizations. Empirically, we gained deep access to 15 projects in a major European engineering consultancy, which were marked by BMI. Analytically, we analyzed the results through a fuzzy-set qualitative comparative analysis (fsQCA) and derived three main findings. Firstly, a high degree of skunkworks with little relationship to the firm's strategic and operational logic leads to a fast time to market. Secondly, lack of managerial capabilities leads to increased investment and lower revenues. Finally, lack of managerial capabilities—even with the presence of strategic capabilities of BMI and organizational capabilities of BMI—leads to lower future potential of the business model. In continuation of these findings, we develop three propositions and recommend project-based firms to boost the managerial capabilities of leading BMI by focusing on training of BMI managers, organizational learning through experiments, establishing trust in project employees, ensuring openness in collaborations, minimizing transaction costs and developing appropriate key metrics for the BMI project.

商业模式创新能力的配置方法:来自一个基于项目的公司的见解
商业模式创新能力(BMI)对现代企业保持竞争力至关重要。这项研究旨在回应最近对一种更有条理的方法来理解BMI和研究能力与表现之间的关系的呼吁。此外,尽管项目型企业的兴起,但在项目型企业背景下的BMI研究仍然严重缺乏,这是一种研究流,我们有助于进一步发展。从理论上讲,在文献综述的基础上,我们建议BMI具有四种总体能力,其中包含战略、商业模式、管理和组织领域内的29个相应主题。根据经验,我们深入了解了一家欧洲大型工程咨询公司的15个项目,这些项目都以BMI为标志。在分析上,我们通过模糊集定性比较分析(fsQCA)对结果进行了分析,得出了三个主要发现。首先,与公司的战略和运营逻辑关系不大的高程度的“臭鼬工厂”导致上市时间很快。其次,缺乏管理能力导致投资增加,收入减少。最后,管理能力的缺乏——即使有BMI的战略能力和BMI的组织能力——也会导致商业模式未来潜力的降低。在这些发现的基础上,我们提出了三个建议,并建议基于项目的公司通过关注BMI经理的培训、通过实验进行组织学习、建立对项目员工的信任、确保合作的开放性、最大限度地降低交易成本以及为BMI项目制定适当的关键指标来提高领先BMI的管理能力。
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来源期刊
CiteScore
7.70
自引率
11.40%
发文量
57
期刊介绍: Creativity and Innovation Management bridges the gap between the theory and practice of organizing imagination and innovation. The journal''s central consideration is how to challenge and facilitate creative potential, and how then to embed this into results-oriented innovative business development. The creativity of individuals, coupled with structured and well-managed innovation projects, creates a sound base from which organizations may operate effectively within their inter-organizational and societal environment. Today, successful operations must go hand in hand with the ability to anticipate future opportunities. Therefore, a cultural focus and inspiring leadership are as crucial to an organization''s success as efficient structural arrangements and support facilities. This is reflected in the journal''s contents: -Leadership for creativity and innovation; the behavioural side of innovation management. -Organizational structures and processes to support creativity and innovation; interconnecting creative and innovative processes. -Creativity, motivation, work environment/creative climate and organizational behaviour, creative and innovative entrepreneurship. -Deliberate development of creative and innovative skills including the use of a variety of tools such as TRIZ or CPS. -Creative professions and personalities; creative products; the relationship between creativity and humour; arts and amp; humanities side of creativity.
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