nach oben

Journal of Business Economics

Erschienen in:

27.11.2015 | Original Paper

Business model innovativeness: designing a formative measure for business model innovation

verfasst von: Patrick Spieth, Sabrina Schneider

Erschienen in: Journal of Business Economics | Ausgabe 6/2016

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

Business model innovation is attracting increasing attention in corporate practice and academia. Despite strong interest in the phenomenon, no common understanding of the concept’s meaning has yet been established, hindering dialogue and progress in this research field. This study seeks to build a definition of business model innovation, and to provide a measurement index for the extent of innovativeness of a firm’s changed business model. Based on the business model, business model innovation and product innovation literatures, conceptualise business model innovation as a ‘new-to-the firm’ change that affects at least one out of three business model dimensions: value offering, value creation architecture and revenue model logic. Based on a study among 200 German firms, this study further offers an empirically validated measurement model for business model innovativeness comprising three dimensions and nine indicators. We also emphasise the opportunity-centric potentials of business model innovation as well as the potentials of integrating findings from related research streams into business model innovation research.

Vorheriger Artikel Business model innovation and organizational resilience: towards an integrated conceptual framework

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Journal of Business Economics

From January 2013, the Zeitschrift für Betriebswirtschaft (ZfB) is published in English under the title Journal of Business Economics (JBE). The Journal of Business Economics (JBE) aims at encouraging theoretical and applied research in the field of business economics and business administration, promoting the exchange of ideas between science and practice.

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Afuah A (2003) Redefining firm boundaries in the face of the internet: are firms really shrinking. Acad Manag Rev 28(1):34–53CrossRef

Afuah A, Tucci CL (2001) Internet business models: a strategic management approach. Irwin/McGraw-Hill, New York

Amit R, Zott C (2001) Value creation in e-business. Strateg Manag J 22(6/7):493–520CrossRef

Amit R, Zott C (2010) Business model innovation: creating value in times of change. IESE Business School, Working Paper WP-870

Amit R, Zott C (2012) Creating value through business model innovation. MIT Sloan Manag Rev 53(3):41–49

Aspara J, Lamberg J-A, Laudia A, Tikkanen H (2011) Strategic management of business model transformation: lessons from Nokia. Manag Decis 49(4):622–647CrossRef

Baden-Fuller C, Morgan MS (2010) Business models as models. Long Range Plan 43(2/3):156–171CrossRef

Baden-Fuller C, Haefliger S (2013) Business models and technological innovation. Long Range Plan 46(6):419–426CrossRef

Bagozzi RP (1994) Structural equation models in marketing research: basic principles. In: Bagozzi R (ed) Principles of marketing research. Blackwell, Oxford, pp 317–385

Bartels J, Reinders MJ (2010) Social identification, social representations, and consumer innovativeness in an organic food context: a cross-national comparison. Food Qual Preference 21(4):347–352CrossRef

Berry LL, Shankar V, Parish JT, Cadwallader S, Dotzel T (2006) Creating new markets through service innovation. MIT Sloan Manag Rev 47(2):56–63

Björkdahl J (2009) Technology cross-fertilization and the business model: the case of integrating ICTs in mechanical engineering products. Res Policy 38(9):1468–1477CrossRef

Bollen KA, Lennox R (1991) Conventional wisdom on measurement: a structural equation perspective. Psychol Bull 110(2):305–314CrossRef

Bruhn M, Georgi D, Hadwich K (2008) Customer equity management as formative second-order construct. J Bus Res 61(12):1292–1301CrossRef

Bucherer E, Eisert U, Gassmann O (2012) Towards systematic business model innovation: lessons from product innovation management. Creat Innov Manag 21(2):183–198CrossRef

Burns T, Stalker GM (1961) The management of innovation. Tavistock, London

Calantone RJ, Garcia R, Dröge C (2003) The effects of environmental turbulence on new product development strategy planning. J Prod Innov Manag 20(2):90–103CrossRef

Calantone RJ, Chan K, Cui AS (2006) Decomposing product innovativeness and its effects on new product success. J Prod Innov Manag 23(5):408–421CrossRef

Camisón C, Villar-López A (2010) Business models in Spanish industry: a taxonomy-based efficacy analysis. Management 13(4):298–317

Casadesus-Masanell R, Ricart JE (2010) From strategy to business models and to tactics. Long Range Plan 43(2/3):195–215CrossRef

Casadesus-Masanell R, Ricart JE (2011) How to design a winning business model. Harvard Bus Rev 89(1/2):100–107

Casadesus-Masanell R, Zhu F (2013) Business model innovation and competitive imitation: the case of sponsor-based business models. Strateg Manag J 34(4):464–482CrossRef

Chandy RK, Tellis GJ (2000) The incumbent’s curse? Incumbency, size, and radical product innovation. J Mark 64(3):1–17CrossRef

Chesbrough H (2007) Business model innovation: it’s not just about technology anymore. Strategy Leadersh 35(6):12–17CrossRef

Chesbrough H (2010) Business model innovation: opportunities and barriers. Long Range Plan 43(2/3):354–363CrossRef

Chesbrough H, Rosenbloom S (2002) The role of the business model in capturing value from innovation: evidence from Xerox Corporation’s technology spinoff companies. Ind Corp Change 11(3):529–555CrossRef

Christensen C (1997) The innovator’s dilemma. HarperBusiness, Boston

Christensen C, Raynor ME (2003) The innovator’s solution. Harvard Business School Press, Boston

Churchill GA (1979) A paradigm for developing better measures of marketing constructs. J Mark Res 16(1):64–73CrossRef

Cillo P, De Luca LM, Troilo G (2010) Market information approaches, product innovativeness, and firm performance: an empirical study in the fashion industry. Res Policy 39(9):1242–1252CrossRef

Cliffe S (2011) When your business model is in trouble. Harvard Bus Rev 89(1/2):96–98

Cooper RG, Kleinschmidt EJ (1999) New product portfolio management: practices and performance. J Prod Innov 16(4):333–351CrossRef

Damanpour F (1991) Organizational innovation: a meta-analysis of effects of determinants and moderators. Acad Manag J 34(3):555–590CrossRef

Danneels E, Kleinschmidt EJ (2001) Product innovativeness from the firm’s perspective: its dimensions and their relation with project selection and performance. J Prod Innov Manag 18(6):357–373CrossRef

Demil B, Lecocq X (2010) Business model evolution: in search of dynamic consistency. Long Range Plan 43(2/3):227–246CrossRef

Desyllas P, Sako M (2013) Profiting from business model innovation: evidence from pay-as-you-drive auto insurance. Res Policy 42(1):101–116CrossRef

Diamantopoulos A (2006) The error term in formative measurement models: interpretation and modeling implications. J Model Manag 1(1):7–17CrossRef

Diamantopoulos A, Winklhofer HM (2001) Index construction with formative indicators: an alternative to scale development. J Mark Res 38(2):269–277CrossRef

Diamantopoulos A, Riefler P, Roth KP (2008) Advancing formative measurement models. J Bus Res 61(12):1203–1218CrossRef

Doganova L, Eyquem-Renault M (2009) What do business models do? Innovation devices in technology entrepreneurship. Res Policy 38(10):1559–1570CrossRef

Dotzel T, Shankar V, Berry LL (2013) Service innovativeness and firm value. J Mark Res 50(2):259–276CrossRef

Doz YL, Kosonen M (2008) How agile is your strategy process? Strateg Mag 15:6–10

Doz YL, Kosonen M (2010) Embedding strategic agility: a leadership agenda for accelerating business model renewal. Long Range Plan 43(2/3):370–382CrossRef

Firth RW, Narayanan VK (1996) New product strategies of large, dominant product manufacturing firms: an exploratory analysis. J Product Innov Manag 13(4):334–347CrossRef

Fornell C, Larcker DF (1981) Evaluating structural equation models with unobservable variables and measurement errors. J Mark Res 18(1):39–50CrossRef

Fowler K, Bridges E (2010) Consumer innovativeness: impact on expectations, perceptions, and choice among retail formats. J Retail Consum Serv 17(6):492–500CrossRef

Gambardella A, McGahan AM (2010) Business-model innovation: general purpose technologies and their implications for industry structure. Long Range Plan 43(2/3):262–271CrossRef

Garcia R, Calantone RJ (2002) A critical look at technological innovation typology and innovativeness terminology: a literature review. J Prod Innov Manag 19(2):110–132CrossRef

Gatian AW, Brown RM, Hicks JO Jr (1995) Organizational innovativeness, competitive strategy and investment success. J Strateg Inf Syst 4(1):43–59CrossRef

Gatignon H, Tushman ML, Smith W, Anderson P (2002) A structural approach to assessing innovation: construct development of innovation locus, type, and characteristics. Manag Sci 48(9):1103–1122CrossRef

Gemünden HG, Salomo S, Hölzle K (2007) Role models for radical innovations in times of open innovation. Creat Innov Manag 16(4):408–421CrossRef

George G, Bock A (2011) The business model in practice and its implications for entrepreneurship research. Entrep Theory Pract 35(1):83–111CrossRef

Ghaziani A, Ventresca M (2005) Keywords and cultural change: frame analysis of business model public talk. Sociol Forum 20(4):523–559CrossRef

Giesen E, Riddleberger E, Christner R, Bell R (2010) When and how to innovate your business model. Strategy Leadersh 38(4):17–26CrossRef

Goldsmith RE, Hofacker CF (1991) Measuring consumer innovativeness. J Acad Mark Sci 19(3):209–221CrossRef

Green SG, Gavin MB, Aiman-Smith L (1995) Assessing a multidimensional measure of radical technological innovation. IEEE Trans Eng Manag 42(3):203–214CrossRef

Hamel G, Välikangas L (2003) The quest for resilience. Harvard Bus Rev 81(9):52–63

Hedman J, Kalling T (2003) The business model concept: theoretical underpinnings and empirical illustrations. Eur J Inf Syst 12(1):49–59CrossRef

Heikkilä M, Heikkilä J (2010) Conscription of network business models. IUP J Bus Strategy 7(4):7–23

Hinkin TR, Tracey JB (1999) An analysis of variance approach to content validation. Organ Res Methods 2(2):175–186CrossRef

Hirschman EC (1980) Innovativeness, novelty seeking, and consumer creativity. J Consum Res 7(3):289–295CrossRef

Hulland J (1999) Use of partial least squares (PLS) in strategic management research: a review of four recent studies. Strateg Manag J 20(4):195–204CrossRef

Hult GTM, Hurley RF, Knight GA (2004) Innovativeness: its antecedents and impact on business performance. Ind Mark Manag 33:429–438CrossRef

Hunt SD, Sparkman RD, Wilcox JB (1982) The pretest in survey research: issues and preliminary findings. J Mark Res 19(2):269–273CrossRef

Hurley RF, Hult GTM (1998) Innovation, market orientation, and organizational learning: an integration and empirical examination. J Mark 62(3):42–54CrossRef

IBM (2012) Leading through connections: insights from the Global Chief Executive Officer Study. IBM Global Services, New York

Im S, Mason CH, Houston MB (2007) Does innate consumer innovativeness relate to new product/service adoption behavior? social learning via vicarious innovativeness. J Acad Mark Sci 35(1):63–75CrossRef

Jarvis CB, MacKenzie SB, Podsakoff PM (2003) A critical review of construct indicators and measurement model misspecification in marketing and consumer research. J Consum Res 30(2):199–218CrossRef

Johnson MW, Christensen CM, Kagermann H (2008) Reinventing your business model. Harvard Bus Rev 86(12):50–59

Jordan G, Segelod E (2006) Software innovativeness: outcomes on project performance, knowledge enhancement, and external linkages. R&D Manag 36(2):127–142CrossRef

Kindström D (2010) Towards a service-based business model: key aspects for future competitive advantage. Eur Manag J 28(6):479–490CrossRef

Kleinbaum DG, Kuppler L, Muller KE, Nizham A (1996) Applied regression analysis and other multivariate methods, 3rd edn. Duxbury, Pacific Grove

Knight KE (1967) A descriptive model of the intra-firm innovation process. J Bus 40(4):478–496CrossRef

Kock A (2007) Innovativeness and innovation success—a meta-analysis. Zeitschrift für Betriebswirtschaft 77(Special Issue 2):1–21

Kock A, Gemünden HG, Salomo S, Schultz C (2011) The mixed blessings of technological innovativeness for the commercial success of new products. J Prod Innov Manag 28(S1):28–43CrossRef

Lefebvre E, Lefebvre LA (1992) Firm innovativeness and CEO characteristics in small manufacturing firms. J Eng Tech Manag 9:243–271CrossRef

MacKenzie SB, Podsakoff PM, Podsakoff NP (2011) Construct measurement and validation procedures in MIS and behavioral research: integrating new and existing techniques. MIS Q 35(2):293–334

Magretta J (2002) Why business models matter. Harvard Bus Rev 80(5):86–92

Mahadevan B (2000) Business models for internet-based e-commerce: an anatomy. Calif Manag Rev 42(4):55–69CrossRef

Markides C (2006) Disruptive innovation: in the need for better theory. J Prod Innov Manag 23(1):19–25CrossRef

Mason K, Spring M (2011) The sites and practices of business models. Ind Mark Manag 40(6):1032–1041CrossRef

Midgley DF, Dowling GR (1978) Innovativeness: the concept and its measurement. J Consum Res 4(4):229–242CrossRef

Moingeon B, Lehmann-Ortega L (2010) Creation and implementation of a new business model: a disarming case study. Management 13(4):266–297

Morris M, Schindehutte MH, Allen J (2005) The entrepreneur’s business model: toward a unified perspective. J Bus Res 58(6):726–735CrossRef

Nunnally JC, Bernstein IH (1994) Psychometric theory, 3rd edn. McGrawHill, New York

Olson EM, Slater SF, Hult GTM (2005) The performance implications of fit among strategy, marketing organisation structure and strategic behaviour. J Market 69(3):49–65CrossRef

Osterwalder A, Pigneur Y (2010) Business model generation. Wiley, Hoboken

Osterwalder A, Pigneur Y, Tucci CL (2005) Clarifying business models: origins, present and future of the concept. Commun Assoc Inf Sci (CAIS) 16:1–25

Pohle G, Chapman M (2006) IBM’s global CEO report 2006: business model innovation matters. Strategy Leadersh 34(5):34–40CrossRef

Roehrich G (2004) Consumer innovativeness—concepts and measurements. J Bus Res 57:671–677CrossRef

Rossiter JR (2002) The C-OAR-SE procedure for scale development in marketing. Int J Res Mark 19(4):305–335CrossRef

Sabatier V, Rousselle T, Mangematin V (2010) From recipe to dinner: business model portfolio in the European biopharmaceutical industry. Long Range Plan 43(2/3):431–447CrossRef

Salomo S, Weise J, Gemünden HG (2007) NPD planning activities and innovation performance: the mediating role of process management and the moderating effect of product innovativeness. J Prod Innov Manag 24(4):285–302CrossRef

Sánchez P, Ricart JE (2010) Business model innovation and sources of value creation in low-income markets. Eur Manag Rev 7(3):138–154CrossRef

Schindehutte M, Morris MH, Kocak A (2008) Understanding market-driving behavior: the role of entrepreneurship. J Small Bus Manag 46(1):4–26CrossRef

Schneider S, Spieth P (2013) Business model innovation: towards an integrated future research agenda. Int J Innov Manag. doi:10.1142/S136391961340001X

Sethi R, Smith DC, Park CW (2001) Cross-functional product development teams, creativity, and the innovativeness of new consumer products. J Market Res 38(1):73–85CrossRef

Shafer SM, Smith HJ, Linder JC (2005) The power of business models. Bus Horiz 48(3):199–207CrossRef

Siguaw JA, Simpson PM, Enz CA (2006) Conceptualizing innovation orientation: a framework for study and integration of innovation research. J Prod Innov Manag 23(6):556–574CrossRef

Smith WK, Binns A, Tushman ML (2010) Complex business models: managing strategic paradoxes simultaneously. Long Range Plan 43(2/3):448–461CrossRef

Sosna M, Trevinyo-Rodríguez RN, Velamuri SR (2010) Business model innovation through trial-and-error learning: the Naturhouse case. Long Range Plan 43(2/3):383–407CrossRef

Spieth P, Ricart JE, Schneckenberg D (2014) Business model innovation—state of the art and future challenges for the field. R&D Manag J 44(3):237–247CrossRef

Stock RM, Zacharias NA (2013) Two sides of the same coin: how do different dimensions of product program innovativeness affect customer loyalty? J Prod Innov Manag 30(3):516–532CrossRef

Subramanian A, Nilakanta S (1996) Organizational innovativeness: exploring the relationship between organizational determinants of innovation, types of innovations, and measures of organizational performance. Omega Int J Manag Sci 24(6):631–647CrossRef

Szymanski DM, Kroff MW, Troy LC (2007) Innovativeness and new product success: insights from the cumulative evidence. J Acad Mark Sci 35(1):35–52CrossRef

Tajeddini K, Trueman M, Larsen G (2006) Examining the effect of market orientation on innovativeness. J Mark Manag 22(5–6):529–551CrossRef

Teece DJ (2010) Business models, business strategy and innovation. Long Range Plan 43(2/3):172–194CrossRef

Tikkanen H, Lamberg J-A, Parvinen P, Kallunki J-P (2005) Managerial cognition, action and the business model of the firm. Manag Decis 43(6):789–809CrossRef

Timmers P (1998) Business models for electronic markets. Electron Mark 8(2):3–8CrossRef

Tuominen M, Rajalab A, Möller K (2004) How does adaptability drive firm innovativeness? J Bus Res 57(5):495–506CrossRef

Urhahn C, Spieth P (2013) Governing portfolio management for innovative new product portfolios—a conceptual framework. Int J Prod Dev 18:377–394CrossRef

Vandecasteele B, Geuens M (2009) Revising the myth of gay consumer innovativeness. J Bus Res 62(1):134–144CrossRef

Voelpel S, Leibold M, Tekie E, Von Krogh G (2005) Escaping the red queen effect in competitive strategy: sense-testing business models. Eur Manag J 23(1):37–49CrossRef

Wang CL, Ahmed PK (2007) Dynamic capabilities: a review and research agenda. Int J Manag Rev 9(1):31–51CrossRef

Wirtz BW, Schilke O, Ullrich S (2010) Strategic development of business models: implications of the web 2.0 for creating value on the internet. Long Range Plan 43(2/3):272–290CrossRef

Yunus M, Moingeon B, Lehmann-Ortega L (2010) Building social business models: lessons from the Grameen experience. Long Range Plan 43(2/3):308–325CrossRef

Zott C, Amit R (2007) Business model designs and the performance of entrepreneurial firms. Organ Sci 18(2):181–199CrossRef

Zott C, Amit R (2008) The fit between product market strategy and business model: implications for firm performance. Strateg Manag J 29(1):1–26CrossRef

Zott C, Amit R (2010) Business model design: an activity system perspective. Long Range Plan 43(2/3):216–226CrossRef

Zott C, Amit R, Massa L (2011) The business model: recent developments and future research. J Manag 37(4):1019–1042

Titel: Business model innovativeness: designing a formative measure for business model innovation
verfasst von: Patrick Spieth
Sabrina Schneider
Publikationsdatum: 27.11.2015
Verlag: Springer Berlin Heidelberg
Erschienen in: Journal of Business Economics / Ausgabe 6/2016
Print ISSN: 0044-2372
Elektronische ISSN: 1861-8928
DOI: https://doi.org/10.1007/s11573-015-0794-0

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Journal of Business Economics

Springer Professional "Wirtschaft"

Weitere Artikel der Ausgabe 6/2016

Path dependence as a barrier to business model change in manufacturing firms: insights from a multiple-case study

Business model innovation and organizational resilience: towards an integrated conceptual framework

How should successful business models be configured? Results from an empirical study in business-to-business markets and implications for the change of business models

Editorial

Premium Partner