 Nonprofit business model innovation as a response to existential environmental threats: Performing arts in the United StatesRobert E. McDonald, John J. Masselli and Bob Chanda Journal of Business Research, 2021, vol. 125, issue C, 750-761 Abstract: An organization’s business model describes the architecture and process by which it creates, delivers, and captures value. Extant research describes how the model enables the enterprise to capitalize on its innovations, and attain or maintain a position of competitive advantage. Business model innovations (BMI) can be a mechanism by which the enterprise can capitalize on opportunities or protect against threats from environmental changes. This paper discusses BMI among nonprofit organizations. Informed by a series of interviews with leaders in the area, we review several existential environmental threats to the nonprofit performing arts sector in the United States. We discuss a number of BMIs being adopted by these organizations to respond to these threats and classify them according to their impact: value creation, value delivery, or value capture. Given the need to develop research in the area of nonprofit BMI, we offer a research agenda to further that goal. Keywords: Business model innovation; Nonprofit; Performing arts; Existential environmental threats; Social purpose organizations (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:eee:jbrese:v:125:y:2021:i:c:p:750-761 DOI: 10.1016/j.jbusres.2019.12.022 Access Statistics for this article Journal of Business Research is currently edited by A. G. Woodside More articles in Journal of Business Research from Elsevier |
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