定性比较分析
新颖性
产业组织
互补性(分子生物学)
竞争优势
业务
价值(数学)
前因(行为心理学)
营销
动态能力
商业模式
知识管理
计算机科学
心理学
发展心理学
哲学
神学
机器学习
生物
遗传学
作者
Petteri Leppänen,Gerard George,Oliver Alexy
标识
DOI:10.5465/amj.2020.0969
摘要
The strategy literature views novel business model design as a universally positive antecedent of high performance in entrepreneurial ventures. Not only do scholars emphasize novelty as a necessity, but they almost consider it a sufficient condition for performance. Challenging this assumption, we hypothesize that novelty can produce high performance only in combination with specific configurations that feature other value drivers such as efficiency, lock-in, and complementarity, which help firms not only create value but also capture more of it. Fuzzy set qualitative comparative analysis (fsQCA) of two samples of Internet-enabled firms largely supports our hypotheses. We find that novelty alone is insufficient for high performance, even when it appears as a necessary condition for very high performance in new technological environments. Our results highlight how novelty combines effectively with other value drivers (in particular with efficiency) and strategies (in particular with differentiation) contingent on the intensity of competition, firm size, and firms’ technological environment. Our study contributes to literatures on value creation, business model design, and innovation.
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