TY - JOUR
T1 - An integration of antecedents and outcomes of business model innovation: a meta-analytic review
AU - Zhang, Hongfang
AU - Xiao, Huilin
AU - Wang, Yanling
AU - Shareef, Mahmud Akhter
AU - Goraya, Muhammad Awais Shakir
AU - Akram, Muhammad Shakaib
N1 - 18 month embargo - Elsevier. Expected DOI: 10.1016/j.jbusres.2020.10.045
PY - 2020/10/28
Y1 - 2020/10/28
N2 - Despite the existence of a large body of literature on the business model innovation (BMI) research, there has been no comprehensive empirical review of antecedents of BMI and its outcomes. 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. In addition, BMI and firm performance measurement and environmental uncertainty reveal borderline significant moderating effects on the relationship between BMI and firm performance. However, the moderating effect of BMI measurement on the antecedents-BMI relationship is not confirmed during the subgroup analyses. This study not only contributes to research on BMI, but also assists practitioners in interpreting and developing BMI strategies for organizations.
AB - Despite the existence of a large body of literature on the business model innovation (BMI) research, there has been no comprehensive empirical review of antecedents of BMI and its outcomes. 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. In addition, BMI and firm performance measurement and environmental uncertainty reveal borderline significant moderating effects on the relationship between BMI and firm performance. However, the moderating effect of BMI measurement on the antecedents-BMI relationship is not confirmed during the subgroup analyses. This study not only contributes to research on BMI, but also assists practitioners in interpreting and developing BMI strategies for organizations.
KW - Business model innovation
KW - efficiency-centered BM
KW - novelty-centered BM
KW - meta-analysis
KW - firm performance
M3 - Article
VL - 0
SP - 0
JO - Journal of Business Research
JF - Journal of Business Research
SN - 0148-2963
M1 - 0
ER -