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Business model experimentation in SMEs: the application of a dual scaling technique

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dc.contributor.authorMolina Castillo, Francisco José
dc.contributor.authorDe Reuver, Mark
dc.contributor.authorBouwman, Harry
dc.contributor.authorJose G. Clavel
dc.contributor.departmentMétodos Cuantitativos para la Economía y la Empresa
dc.date.accessioned2023-12-20T23:11:00Z
dc.date.available2023-12-20T23:11:00Z
dc.date.issued2021-09-11
dc.description©2021. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the Accepted Manuscript version of a Published Work that appeared in final form in Economics of innovation and new technology. To access the final edited and published work see https://doi.org/10.1080/10438599.2021.1974299
dc.description.abstractBusiness model experimentation is an essential step for developing new business models. While the benefits of business model experimentation are increasingly studied, it is still poorly understood why companies engage in business model experimentation. This paper examines, starting from environmental turbulence reasoning, which external and internal drivers serve as antecedents for business model experimentation by firms that already have established business models. We do so by making use of a unique, quantitative data set based on a survey study among 929 European SMEs actively engaged in business model innovation. Using Dual Scaling, a procedure to scale categorical inputs that yields the least-squares lower-rank approximation to the elements of our data set, we find that external drivers relating to technological turbulence are the most important antecedents for business model experimentation. External competitive intensity doesn’t motivate business model experimentation. Regarding internal drivers, strategic change, related to product innovation, is a significant antecedent, while innovative activities are less outspoken. By examining why companies engage in business model experimentation, the paper contributes to understanding the antecedents of business model innovation.
dc.formatapplication/pdfes_ES
dc.format.extent23
dc.identifier.citationEconomics of innovation and new technology 2023, VOL. 32, NO. 4
dc.identifier.citationhttps://www.tandfonline.com/doi/full/10.1080/10438599.2021.1974299
dc.identifier.doihttps://doi.org/10.1080/10438599.2021.1974299
dc.identifier.issn1043-8599
dc.identifier.urihttp://hdl.handle.net/10201/136817
dc.languageenges_ES
dc.relation.isreferencedbyED_IDENTRADA=1286
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectBusiness model innovation
dc.subjectbusiness models
dc.subjectSME
dc.subjectBusiness model experimentation
dc.titleBusiness model experimentation in SMEs: the application of a dual scaling techniquees_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dspace.entity.typePublicationes
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