THE ROLE OF BUSINESS MODEL INNOVATION FOR PRODUCT INNOVATION PERFORMANCE

Sam Tavassoli and Lars Bengtsson
Additional contact information
Lars Bengtsson: Division of Innovation Engineering, Department of Design Sciences, Faulty of Engineering LTH, Lund University, PO Box 118, 221 00 Lund, Sweden

International Journal of Innovation Management (ijim), 2018, vol. 22, issue 07, 1-28

Abstract: We analyse the effect of business model innovation (BMI) on the product innovation performance of firms, based on a dynamic capabilities theoretical framework. Our empirical study is based on a large-scale representative sample of cross-industry Swedish firms participating in three waves of the Community Innovation Survey (CIS) from 2008 to 2012. We hypothesise that BMI in the form of product innovations combined with different complementary and simultaneous innovations in processes, marketing and organisation will act as isolating mechanisms towards replication by competitors, resulting in superior firm performance. Our findings provide support for such hypothesis. BMI is significantly and positively associated with superior product innovation performance. Managers should frame and align product innovations in BMI context, i.e., dynamically adapting product innovations with process, marketing and organisation innovations.

Keywords: Business model innovation; business models; dynamic capabilities; product innovation; innovation performance; community innovation survey (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1363919618500615
Access to full text is restricted to subscribers

Related works:
Working Paper: The Role of Business Model Innovation for Product Innovation Performance (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:22:y:2018:i:07:n:s1363919618500615

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1363919618500615

Access Statistics for this article

International Journal of Innovation Management (ijim) is currently edited by Joe Tidd

More articles in International Journal of Innovation Management (ijim) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().