Stakeholder ties, organizational learning, and business model innovation: A business ecosystem perspective

Yaqun Yi, Yu Chen and Dan Li

Technovation, 2022, vol. 114, issue C

Abstract: Business model exists within business ecosystems, and stakeholders can exert a key influence on a firm's business model innovation. Drawing insights from the business ecosystem perspective and resource-based view, this study examines how ties with stakeholders can affect a focal firm's business model innovation and how the relationship is contingent upon the firm's learning types. Analyses of 210 Chinese firms reveal that the relationship between intra-industry stakeholder ties and business model innovation is inverted U-shaped, while extra-industry stakeholder ties have a positive effect on business model innovation. The relationships between both intra-industry and extra-industry stakeholder ties and business model innovation are weakened by exploitative learning but strengthened by exploratory learning. Theoretical and practical implications are discussed.

Keywords: Business model innovation; Stakeholder ties; Exploitative learning; Exploratory learning (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:114:y:2022:i:c:s0166497221002261

DOI: 10.1016/j.technovation.2021.102445

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