Title: Dynamic capabilities as drivers of business model innovation - from the perspective of SMEs in mature industries
Authors: Ingrid Roaldsen
Addresses: Nordland Research Institute, Box 1490, N-8049 Bodø, Norway
Abstract: This explorative paper emphasises the drivers of business model innovation. Business model renewal may contribute to improved adaptation to the environment, enhance competitive advantage and facilitate entrepreneurship. I elaborate on the antecedents of and especially the role that dynamic capabilities may play in facilitating business model innovation. The investigations build upon longitudinal, in-depth case studies of the value chain within the food industry. The findings imply that SMEs holding specific dynamic capabilities are more likely to succeed in changing their business models for entrepreneurial purposes.
Keywords: business models; innovation; dynamic capabilities; value chain configuration; mature industries; SMEs; small and medium-sized enterprises; entrepreneurship; innovation management; food industry; entrepreneurship.
International Journal of Entrepreneurship and Innovation Management, 2014 Vol.18 No.4, pp.349 - 364
Available online: 06 Aug 2014 *Full-text access for editors Access for subscribers Purchase this article Comment on this article