Direct and configurational paths of open innovation and organisational agility to business model innovation in SMEs |
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Authors: | Suqin Liao Zhiying Liu |
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Institution: | 1. School of Management, Zhejiang University of Technology, Hangzhou, People’s Republic of China;2. School of Management, University of Science and Technology of China, Hefei, People’s Republic of China |
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Abstract: | ABSTRACTDiscussions on opportunities and enablers have remained lacking despite the continued growth of business model innovation (BMI) research. In order to investigate the formation mechanism of BMI in small-medium enterprises (SMEs), we proposed an integrated model, which included factors derived from organisational internal resources and capabilities via the resource-based view (RBV) and dynamic capabilities view (DCV). Structural equation model (SEM) and fuzzy set qualitative comparative analysis (fsQCA) were utilised to test the survey data collected from 245 SMEs in China. SEM results support the hypotheses, except that on the impact of outbound open innovation on market capitalising agility and on BMI. The fsQCA analysis revealed that four configurations of open innovations and organisational agilities can sufficiently explain high levels of BMI, and two configurations of these factors lead to low BMI. The theoretical and practical implications of such findings were also provided. |
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Keywords: | Open innovation Market capitalising agility Operational adjustment agility Business model innovation |
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