A business model pattern arrives... and then? A translation perspective on business model innovation in established firms
Kajsa Ahlgren Ode and
Céline Louche ()
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Kajsa Ahlgren Ode: Skane University Hospital [Lund]
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Abstract:
This study examines business model innovation (BMI) in an established firm. We investigate the case of a Swedish utility company that adopted and implemented a business model (BM) pattern originating from outside the firm. We draw upon Scandinavian translation theory to understand the micro-level dynamics of how BMI unfolds. Our findings show that the BM pattern is disassembled into its constituent parts, that these are translated separately and, little by little, (re)assembled into a whole to form a new BM. This process involves several loops of translation activated by the interplay between five practices: formulating, engaging, resisting, anchoring, and energizing. On the basis of our findings, we develop a BM translation framework. We thereby contribute to a better understanding of the micro-level perspective on BMI initiated by the adoption of a BM pattern. We also reveal that BMI processes triggered by BM patterns from outside differ from those taking place when a new BM is entirely developed within a firm.
Keywords: business model innovation; business model pattern; Scandinavian translation theory; change process (search for similar items in EconPapers)
Date: 2022-04-01
New Economics Papers: this item is included in nep-bec, nep-cse and nep-sbm
Note: View the original document on HAL open archive server: https://audencia.hal.science/hal-03633349
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Published in Strategic Organization, 2022, pp.147612702210941. ⟨10.1177/14761270221094189⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03633349
DOI: 10.1177/14761270221094189
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