Business model innovation through dynamic capabilities in small and medium enterprises – Evidence from the German Mittelstand
By Ann L. Heider, Maike Gerken, Nicolas van Dinther, Marcel Hülsbeck. 2020
156 citations recorded by the source corpus.
Abstract German Mittelstand firms are part of an institutional setting characterized by tightly knit relationships with internal and external stakeholders, which makes it more difficult for these firms to engage in business model innovation. The topic of how these firms have remained competitive over time has attracted growing interest from researchers. Therefore, this study investigates how dynamic capabilities can promote business model innovation for a sample of SMEs from the German Mittelstand (n = 285) and tests whether the different characteristics of these firms moderate this relationship. We find that specific dynamic capabilities are needed for the various aspects of business model innovation. Medium-sized firms profit from higher engagement with outside stakeholders, while balancing efficiency and flexibility, and small firms are advised to concentrate on revising their resource configurations. Moreover, we identify whether the innovativeness of Mittelstand firms is rooted in their individual characteristics or is a function of this institutional setting.
Subfields: Management of Technology and Innovation, Organizational Behavior and Human Resource Management, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/ad07d8d150317cb2fdfda6ebe1f2abc9859ab51f
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In Organizational Behavior and Human Resource Management
In Strategy and Management
Citations in the corpus
- Exploring the impact of big data analytics capabilities on business model innovation: The mediating role of entrepreneurial orientation (2021, background): “This finding enriches the DCV literature by showing that distinctive DCs created through an attentive orchestration of BD resources can favour effective adaptations and evolutions of companies’ BMs aimed at achieving longerlasting competitive advantages, especially in turbulent environments (Garmaki”