 Family Influence and Digital Business Model Innovation: The Enabling Role of Dynamic CapabilitiesJonas Soluk, Ivan Miroshnychenko, Nadine Kammerlander and Alfredo De Massis Entrepreneurship Theory and Practice, 2021, vol. 45, issue 4, 867-905 Abstract: New digital technologies have prompted many firms, including family firms, to innovate their business models. We study the role of dynamic capabilities as mediator in the relationship between family influence and digital business model innovation (BMI), and the moderating role of environmental dynamism. Based on unique survey data from 1,444 German firms with and without family influence, we reveal that knowledge exploitation, risk management, and marketing capabilities mediate the positive relationship between family influence and digital BMI. Surprisingly, and contrary to our assumption, we find that the positive relationship between family influence and dynamic capabilities is weakened rather than strengthened by environmental dynamism. Our findings hold important implications for family business innovation and digital BMI research, offering valuable insights into the role of dynamic capabilities and environmental dynamism in the digital economy. Keywords: digital business model innovation; dynamic capabilities; family firms; digital economy; environmental dynamism (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:45:y:2021:i:4:p:867-905 Access Statistics for this article More articles in Entrepreneurship Theory and Practice |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.