An integration of antecedents and outcomes of business model innovation: A meta-analytic review
Despite the existence of a large body of literature on the business model innovation (BMI), comprehensive empirical reviews of the antecedents and outcomes of BMI are limited. This study develops a theoretical framework and carries out a meta-analysis of empirical studies to investigate the relation...
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| Published in | Journal of business research Vol. 131; pp. 803 - 814 |
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| Main Authors | , , , , , |
| Format | Journal Article |
| Language | English |
| Published |
Elsevier Inc
01.07.2021
Elsevier B.V |
| Subjects | |
| Online Access | Get full text |
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| Abstract | Despite the existence of a large body of literature on the business model innovation (BMI), comprehensive empirical reviews of the antecedents and outcomes of BMI are limited. This study develops a theoretical framework and carries out a meta-analysis of empirical studies to investigate the relationships among BMI, its antecedents, and firm performance. The results validate a significant positive association between external and internal antecedents and BMI. Likewise, BMI is positively associated with firm performance. Besides, BMI and firm performance measurement reveal borderline significant moderating effects on the relationship between BMI and firm performance, and environmental uncertainty has a significant positive effect on the BMI-firm performance link. However, the moderating effect of BMI measurement on the antecedents-BMI relationship is not confirmed during the subgroup analyses. This study contributes to research on BMI and assists practitioners in interpreting and developing BMI strategies for organizations. |
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| AbstractList | Despite the existence of a large body of literature on the business model innovation (BMI), comprehensive empirical reviews of the antecedents and outcomes of BMI are limited. This study develops a theoretical framework and carries out a meta-analysis of empirical studies to investigate the relationships among BMI, its antecedents, and firm performance. The results validate a significant positive association between external and internal antecedents and BMI. Likewise, BMI is positively associated with firm performance. Besides, BMI and firm performance measurement reveal borderline significant moderating effects on the relationship between BMI and firm performance, and environmental uncertainty has a significant positive effect on the BMI-firm performance link. However, the moderating effect of BMI measurement on the antecedents-BMI relationship is not confirmed during the subgroup analyses. This study contributes to research on BMI and assists practitioners in interpreting and developing BMI strategies for organizations. |
| Audience | Trade Academic |
| Author | Xiao, Huilin Goraya, M. Awais Shakir Akram, Muhammad Shakaib Zhang, Hongfang Wang, Yanling Shareef, Mahmud A. |
| Author_xml | – sequence: 1 givenname: Hongfang surname: Zhang fullname: Zhang, Hongfang email: hfzhang19@163.com organization: School of Business Administration, Southwestern University of Finance and Economics, Chengdu, China – sequence: 2 givenname: Huilin surname: Xiao fullname: Xiao, Huilin email: huilinxiao@139.com organization: School of Business Administration, Southwestern University of Finance and Economics, Chengdu, China – sequence: 3 givenname: Yanling surname: Wang fullname: Wang, Yanling email: zz2045@ynufe.edu.cn organization: Business School, Yunnan University of Finance and Economics, Kunming, China – sequence: 4 givenname: Mahmud A. surname: Shareef fullname: Shareef, Mahmud A. email: mahmud_akh@yahoo.com organization: School of Business & Economics, North South University, Bangladesh – sequence: 5 givenname: Muhammad Shakaib surname: Akram fullname: Akram, Muhammad Shakaib email: m.akram@essex.ac.uk organization: Department of Management and Marketing, Essex Business School, University of Essex, UK – sequence: 6 givenname: M. Awais Shakir surname: Goraya fullname: Goraya, M. Awais Shakir email: muhammad.shakir@port.ac.uk organization: Department of Operations and Systems Management, Portsmouth Business School, University of Portsmouth, Portsmouth, UK |
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| Keywords | Business model innovation Firm performance Novelty-centered BM Efficiency-centered BM Meta-analysis |
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