The role of business model innovation for product innovation performance

Tavassoli, S and Bengtsson, L 2018, 'The role of business model innovation for product innovation performance', International Journal of Innovation Management, vol. 22, no. 7, pp. 1-25.

Document type: Journal Article
Collection: Journal Articles

Title The role of business model innovation for product innovation performance
Author(s) Tavassoli, S
Bengtsson, L
Year 2018
Journal name International Journal of Innovation Management
Volume number 22
Issue number 7
Start page 1
End page 25
Total pages 25
Publisher Imperial College Press
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.
Subject Innovation and Technology Management
Keyword(s) Business model innovation
business models
community innovation survey
dynamic capabilities
innovation performance
product innovation
DOI - identifier 10.1142/S1363919618500615
Copyright notice © World Scientific Publishing Europe Ltd.
ISSN 1363-9196
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