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Impact of business model innovations on SME’s innovativeness and performance
Baltic Journal of Management ( IF 2.753 ) Pub Date : 2019-11-11 , DOI: 10.1108/bjm-01-2018-0035
Rimantas Gatautis† , Egle Vaiciukynaite , Asta Tarute

Business model innovations (BMIs), their drivers and outcomes are attracting increasing attention in academic literature. However, previous studies have mainly focused on large companies, while knowledge of BMI in small-to-medium-sized enterprises (SMEs) is limited. Therefore, the purpose of this paper is to add new insights into how related BMI drivers, practices and outcomes are in relation to SMEs.,An extensive review of the existing literature was performed. Consequently, the relationships between BMI drivers, BMI practices and outcomes of BMI were developed as a conceptual framework. An empirical study was carried out. A structural equation modeling (SEM) procedure was used to empirically test the model using a quantitative data set of Lithuanian SMEs (n=73).,The study provides insights into the relations between BMI drivers, BMI practices and outcomes of BMI in SMEs. The findings of SEM, four drivers (innovation activities, strategic orientation, market and technology turbulence, respectively) are indicated to contribute to BMI of SMEs. In addition, the results proved that the implementation of BMI practices leads to strategic and architectural changes in firms and has a positive impact on SMEs performance and innovativeness.,Empirical research is focused on a limited number of internal and external BMI drivers, which have an influence on BMI in SMEs from one geographical region. Consequently, there are many external and internal BMI drivers which also may have an influence on BMI in SMEs, such as industry life cycle, organizational inertia and leadership. Meanwhile, SMEs possess multiple characteristics, i.e. a phase of maturity, gender of CEO, firm size and industry; therefore, the aforesaid aspects are considered to be significant limitations. In addition, the importance of SMEs characteristics as mediators for the effects on a firm’s performance and innovativeness should be considered in future research avenues.,Findings of this research can be used by SME managers to better understand how firms might actively engage in BMI practices, what drivers lead to BMI and, in turn, affect their firm’s performance and innovativeness. SME managers should be encouraged to pay attention to strategic and architectural changes of BM that can contribute to enterprise performance and innovativeness.,This paper adds to the stream of BMI research by empirically exploring drivers and outcomes of BMI in SMEs. In addition, this paper fulfills research gaps proposed by Bouwman et al. (2018), Foss and Saebi (2017), Heikkila, Bouwman and Heikkila (2018) and Lambert and Davidson (2013), and enhances the current overall understanding of BMIs.

中文翻译:

商业模式创新对中小企业创新和绩效的影响

商业模式创新(BMI),其驱动力和成果在学术文献中日益受到关注。但是,以前的研究主要针对大型公司,而中小型企业(SME)的BMI知识却有限。因此,本文的目的是为有关BMI驱动因素,实践和结果与中小企业之间的关系提供新的见解。对现有文献进行了广泛的回顾。因此,将BMI驱动因素,BMI实践和BMI结果之间的关系作为概念框架开发。进行了实证研究。使用结构方程模型(SEM)程序,使用立陶宛中小型企业(n = 73)的定量数据集对模型进行经验测试。该研究为BMI驱动因素之间的关系提供了见解,中小企业的BMI实践和BMI结果。SEM的发现表明,四个驱动因素(分别是创新活动,战略定位,市场和技术动荡)有助于中小企业的BMI。此外,结果证明,实施BMI做法会导致企业的战略和架构变化,并对中小企业的绩效和创新能力产生积极影响。实证研究集中在有限的内部和外部BMI驱动因素上一个地理区域的中小企业对BMI的影响。因此,有许多外部和内部BMI驱动程序也可能对中小企业的BMI产生影响,例如行业生命周期,组织惯性和领导力。同时,中小企业具有多个特征,即成熟阶段,首席执行官的性别,公司规模和行业;因此,上述方面被认为是重大限制。此外,在未来的研究途径中,应考虑中小型企业的特性作为媒介对公司绩效和创新性的影响的重要性。中小型企业管理者可以利用这项研究的结果,更好地了解企业如何积极参与BMI实践,导致BMI的驱动因素是什么,进而影响他们公司的绩效和创新性。应鼓励中小型企业的管理者注意可能对企业绩效和创新有贡献的中小型企业的战略和架构变化。本文通过实证探索中小型企业的BMI驱动因素和成果,增加了BMI研究的范围。此外,本文弥补了Bouwman等人提出的研究空白。(2018),
更新日期:2019-11-11
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