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Business model innovation and sources of value creation in low‐income markets
Open accessAbstract
We explore different business ventures in low‐income markets in order to understand the factors influencing business model innovation in this context. Grounded in the rich data obtained from multiple case study analyses and in the received theory in strategy in low‐income markets and business models, we identified a set of contingency factors that permitted us to distinguish between isolated and interactive business models.Isolated business models widen its entrance into new markets by leveraging firm's current resources and capabilities for taking advantage of existing opportunities.Interactive business models require a firm to combine, integrate and leverage both internal resources with ecosystem's capabilities to create new business opportunities. Finally, we discuss the main implications on value creation from these business models.
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Cites
Firm Resources and Sustained Competitive Advantage
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Hartley, J. (2004) · Essential Guide to Qualitative Methods in Organizational Research · doi:10.4135/9781446280119.n26 · Cited by 15,461
The fit between product market strategy and business model: implications for firm performance
Zott, C., & Amit, R. (2008) · Strategic Management Journal · doi:10.1002/smj.642 · Cited by 1,731
Cited by
Schaltegger, S., Lüdeke-Freund, F., & Hansen, E. G. (2016) · Organization & Environment · doi:10.1177/1086026616633272 · Cited by 774
Business models for sustainability from a system dynamics perspective
Abdelkafi, N., & Täuscher, K. (2016) · Organization & Environment · doi:10.1177/1086026615592930 · Cited by 443
Sustainable business model research and practice: Emerging field or passing fancy?
Lüdeke-Freund, F., & Dembek, K. (2017) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2017.08.093 · Cited by 368
Learning while (re)configuring: Business model innovation processes in established firms
Berends, H., Smits, A., Reymen, I., & Podoynitsyna, K. (2016) · Strategic Organization · doi:10.1177/1476127016632758 · Cited by 274
Business model innovativeness: designing a formative measure for business model innovation
Spieth, P., & Schneider, S. (2016) · Journal of Business Economics · doi:10.1007/s11573-015-0794-0 · Cited by 232
Metadata
- Authors
- Sánchez, P., & Ricart, J. E.
- Venue
- European Management Review
- Publisher
- Wiley
- Published
- 2010-09
- Volume
- 7
- Issue
- 3
- Pages
- 138-154
- ISSN
- 1740-4754 (ISSN-L)
- 1740-4762
- OpenAlex
- W2091170223
- Cited by
- 309
- References
- 3
- FWCI
- 21.20
- Type
- journal article
- Language
- en
- Open access
- bronze
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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