Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises

Detalhes bibliográficos
Autor(a) principal: Lei Pigui
Data de Publicação: 2023
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/32445
Resumo: Small and medium-sized enterprises (SMEs) are crucial drivers of economic growth, job creation, and innovation, contributing significantly to industries' diversification and competition. Business model innovation (BMI) is essential for SMEs to stay relevant, adapt to a dynamic business environment, and differentiate themselves. By rethinking and redesigning fundamental business components, SMEs can identify new revenue streams, explore untapped markets, and optimize resource allocation for long-term success in a rapidly evolving business landscape. This study explores the factors influencing BMI in SMEs in China and their impact on firm performance. There is a lack of comprehensive understanding of the antecedents of BMI and its effects on firm performance in SMEs. To bridge this gap, we systematically reviewed the literature, identifying internal and external antecedents influencing BMI and examining its relationship with firm performance. This thesis reveals the relationship between antecedents, BMI, and firm performance in SMEs. Several antecedents include proactive market orientation, strategic agility, dynamic capabilities, technological openness, technological turbulence, innovativeness, and market turbulence, which positively influence BMI. Responsive market orientation and organizational agility indirectly affect BMI. Technological turbulence imposes a significant positive moderating effect on technological openness, innovativeness, strategic agility, and dynamic capabilities in BMI. This research enhances our comprehension of the key drivers behind successful BMI in SMEs, offering valuable insights for theoretical contributions, practical implications, and identified research gaps.
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spelling Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprisesBusiness model innovationAntecedentsFirm performanceChinese contextModelo de negócios inovaçãoPME Pequenas e Médias Empresas -- SME Small and Medium EnterprisesAntecedentesDesempenho da empresaContexto chinêsSmall and medium-sized enterprises (SMEs) are crucial drivers of economic growth, job creation, and innovation, contributing significantly to industries' diversification and competition. Business model innovation (BMI) is essential for SMEs to stay relevant, adapt to a dynamic business environment, and differentiate themselves. By rethinking and redesigning fundamental business components, SMEs can identify new revenue streams, explore untapped markets, and optimize resource allocation for long-term success in a rapidly evolving business landscape. This study explores the factors influencing BMI in SMEs in China and their impact on firm performance. There is a lack of comprehensive understanding of the antecedents of BMI and its effects on firm performance in SMEs. To bridge this gap, we systematically reviewed the literature, identifying internal and external antecedents influencing BMI and examining its relationship with firm performance. This thesis reveals the relationship between antecedents, BMI, and firm performance in SMEs. Several antecedents include proactive market orientation, strategic agility, dynamic capabilities, technological openness, technological turbulence, innovativeness, and market turbulence, which positively influence BMI. Responsive market orientation and organizational agility indirectly affect BMI. Technological turbulence imposes a significant positive moderating effect on technological openness, innovativeness, strategic agility, and dynamic capabilities in BMI. This research enhances our comprehension of the key drivers behind successful BMI in SMEs, offering valuable insights for theoretical contributions, practical implications, and identified research gaps.As pequenas e médias empresas (PMEs) são impulsionadoras cruciais do crescimento económico, criação de emprego e inovação, contribuindo significativamente para a diversificação e competitividade industrial. A inovação de modelo de negócio (IMN) é essencial para que as PMEs se mantenham relevantes, se adaptem a um ambiente de negócios dinâmico e se diferenciem. Ao repensar e redesenhar componentes fundamentais do negócio, as PMEs podem identificar novas fontes de receita, explorar mercados inexplorados e otimizar a alocação de recursos para o sucesso de longo prazo num contexto em constante evolução. Este estudo explora os fatores que influenciam a IMN nas PMEs na China e o seu impacto no desempenho das mesmas. Identificámos uma falta de conhecimento sobre os antecedentes da IMN e seus efeitos no desempenho das empresas. Para preencher esta lacuna, realizámos uma revisão sistemática da literatura identificando antecedentes internos e externos. Esta tese revela a relação entre antecedentes, IMN e desempenho das empresas nas PMEs. Vários antecedentes, incluindo orientação pró-ativa de mercado, agilidade estratégica, capacidades dinâmicas, abertura tecnológica, turbulência tecnológica, inovação e turbulência de mercado, influenciam positivamente a IMN. A orientação de mercado reativa e a agilidade organizacional afetam indiretamente a IMN. A turbulência tecnológica impõe um efeito moderador positivo e significativo à abertura tecnológica, inovação, agilidade estratégica e capacidades dinâmicas das IMN. Esta pesquisa aprimora a nossa compreensão sobre os principais fatores por trás do sucesso da IMN nas PMEs, oferecendo informações valiosas para contribuições teóricas, implicações práticas e lacunas de pesquisa identificadas.2024-10-03T15:15:52Z2024-07-09T00:00:00Z2024-07-092023-10doctoral thesisinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/octet-streamhttp://hdl.handle.net/10071/32445TID:101780796engLei Piguiinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-10-06T01:18:45Zoai:repositorio.iscte-iul.pt:10071/32445Portal AgregadorONGhttps://www.rcaap.pt/oai/openairemluisa.alvim@gmail.comopendoar:71602024-10-06T01:18:45Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
title Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
spellingShingle Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
Lei Pigui
Business model innovation
Antecedents
Firm performance
Chinese context
Modelo de negócios inovação
PME Pequenas e Médias Empresas -- SME Small and Medium Enterprises
Antecedentes
Desempenho da empresa
Contexto chinês
title_short Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
title_full Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
title_fullStr Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
title_full_unstemmed Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
title_sort Antecedents of business model innovation and their impact on firm performance in Chinese small and medium-sized enterprises
author Lei Pigui
author_facet Lei Pigui
author_role author
dc.contributor.author.fl_str_mv Lei Pigui
dc.subject.por.fl_str_mv Business model innovation
Antecedents
Firm performance
Chinese context
Modelo de negócios inovação
PME Pequenas e Médias Empresas -- SME Small and Medium Enterprises
Antecedentes
Desempenho da empresa
Contexto chinês
topic Business model innovation
Antecedents
Firm performance
Chinese context
Modelo de negócios inovação
PME Pequenas e Médias Empresas -- SME Small and Medium Enterprises
Antecedentes
Desempenho da empresa
Contexto chinês
description Small and medium-sized enterprises (SMEs) are crucial drivers of economic growth, job creation, and innovation, contributing significantly to industries' diversification and competition. Business model innovation (BMI) is essential for SMEs to stay relevant, adapt to a dynamic business environment, and differentiate themselves. By rethinking and redesigning fundamental business components, SMEs can identify new revenue streams, explore untapped markets, and optimize resource allocation for long-term success in a rapidly evolving business landscape. This study explores the factors influencing BMI in SMEs in China and their impact on firm performance. There is a lack of comprehensive understanding of the antecedents of BMI and its effects on firm performance in SMEs. To bridge this gap, we systematically reviewed the literature, identifying internal and external antecedents influencing BMI and examining its relationship with firm performance. This thesis reveals the relationship between antecedents, BMI, and firm performance in SMEs. Several antecedents include proactive market orientation, strategic agility, dynamic capabilities, technological openness, technological turbulence, innovativeness, and market turbulence, which positively influence BMI. Responsive market orientation and organizational agility indirectly affect BMI. Technological turbulence imposes a significant positive moderating effect on technological openness, innovativeness, strategic agility, and dynamic capabilities in BMI. This research enhances our comprehension of the key drivers behind successful BMI in SMEs, offering valuable insights for theoretical contributions, practical implications, and identified research gaps.
publishDate 2023
dc.date.none.fl_str_mv 2023-10
2024-10-03T15:15:52Z
2024-07-09T00:00:00Z
2024-07-09
dc.type.driver.fl_str_mv doctoral thesis
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/32445
TID:101780796
url http://hdl.handle.net/10071/32445
identifier_str_mv TID:101780796
dc.language.iso.fl_str_mv eng
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