scholarly journals The Dominant Design of Disruptive Innovations in the 3rd-Party Online Payment in China

2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Lu Lu ◽  
Yang Zhou ◽  
Chenxiao Wang ◽  
Qingpu Zhang
Keyword(s):  
Business Models ◽  
Driving Forces ◽  
New Product ◽  
Disruptive Innovation ◽  
Subsequent Performance ◽  
Performance Improvements ◽  
Online Payment ◽  
Disruptive Innovations ◽  
Dominant Design ◽  
New Business

As a disruptive innovation on the traditional payment mode, the 3rd-party online payment has been involved in disruptive innovations featuring contextualized and modernized characteristics, but a theoretical summary is urgently needed for the dominant design of these disruptive innovations. Therefore, an in-depth case study is done with Alipay and PayPal as the subject, and it comes to elaborate four key aspects involved in the dominant design of disruptive innovations of the 3rd-party online payment. Namely, adopt new innovative derivations, create new product attributes, construct new business models, and process subsequent performance improvements. In addition, the factors that differ from the traditional disruptive innovations are also spotted, including two innovative driving forces, two new product features, and four business modes.

Business Model

2012 ◽  
pp. 100-131 ◽  
Author(s):  
Arash Najmaei
Keyword(s):  
Business Model ◽  
Mental Model ◽  
Business Models ◽  
Disruptive Innovation ◽  
Future Research ◽  
Disruptive Technology ◽  
New Business ◽  
Managerial Implications ◽  
Established Firms ◽  
Strategic Logic

Today’s world of business is increasingly witnessing exemplary firms which introduce new business models, exploit new markets and disrupt established firms in order to create a unique competitive position. Although the theoretical and conceptual posture of this phenomenon is well grounded and explained in the extant literature on disruptive innovation, little is known about strategic logic of this phenomenon. In other words, the managerial paradigm or cognitive and mental model that underlies the orchestration of micro- and macro-organizational mechanisms of a disruptive move, such as market and technological knowledge, have surprisingly received little attention. In this sense, an analytical review of literature suggests that strategic logic of a disruptive technology can be well presented through the lens of business model (BM) and its innovation. Accordingly, it is argued that business model represents a mental model which underlines activities such as acquisition of market and technological insights, opportunities and requisite actions required for transforming a disruptive idea into a disruptive market movement. This view offers new insights into the study of disruptive phenomenon. It addresses the managerial (i.e. mental model) underpinnings of disruptiveness, instead of market, economical and technological dimensions. Business model innovation (BMI) is a disruptive change in the core logic of value creation and capture. It is a value-revolutionizing framework which explicitly delineates the strategic processes of a disruptive strategy. Thus, it is essentially a paradigm for strategizing the craft of disruptive innovation (technology). Given this view, this chapter conceptually explicates this contour and shows how BMI effectuates a disruptive technological phenomenon by presenting four propositions. Finally theoretical and managerial implications of this view are illuminated in order to furthering the practice and enhancing future research in this growing field of inquiry.

scholarly journals Clarifying the disruptive innovation puzzle: a critical review

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sucet Jimena Martínez-Vergara ◽  
Jaume Valls-Pasola
Keyword(s):  
Critical Review ◽  
Business Models ◽  
Disruptive Innovation ◽  
Complex Nature ◽  
Content Type ◽  
Disruptive Innovation Theory ◽  
Depth Analysis ◽  
New Business ◽  
Key Issues ◽  
New Business Models

PurposeDisruptive innovation theory has attracted the interest of researchers and practitioners across many areas, resulting in the development of new business models and strategies. Despite the increasing scholarly attention, its definition has not yet been understood, the understanding of the term “disruptive” and the complex nature of this innovation has provoked some misinterpretations, and the meaning remains ambiguous. To address this confusion, this article undertakes a critical review of disruptive innovation in an attempt at providing a solid theoretical grounding.Design/methodology/approachThe review examines the key issues of published articles, identified after conducting a search in the Web of Science scholarly database. The analysis highlights the basic definitions of disruptive innovation, showing its evolution, types and its characteristics. This article also examines the behaviours adopted by the actors associated with disruptive innovation (i.e. incumbents, entrants and customers).FindingsOverall, this article finds that disruptive innovation has its own elements to be identified, requiring an in-depth analysis to avoid confusing with other innovation approaches. The findings suggest that disruptive innovation affects businesses and sectors in varied and complex ways because customers from low-end market and mainstream market appreciate this innovation. Further, its impact on practice is huge and incites further efforts in establishing a stronger theoretical grounding.Originality/valueOur research contributes on the evolution of this theory, helping to better understand the phenomenon of disruption and can be used for different types of research settings.

Harnessing platform-based business models to power disruptive innovation

2016 ◽  
Vol 44 (5) ◽  
pp. 6-14 ◽  
Author(s):  
Haydn Shaughnessy
Keyword(s):  
Business Model ◽  
Customer Value ◽  
Business Models ◽  
Business Environment ◽  
Disruptive Innovation ◽  
Senior Managers ◽  
Content Type ◽  
Continuous Innovation ◽  
New Business ◽  
Unique Customer

Purpose Adopting and implementing a platform-based business model is fraught with problems and complications, many of which are poorly understood even by industry insiders. As they try to sort through the best practices for operating in this new business environment, senior managers need to carefully analyze the strengths of the business model of some of most successful companies before trying to imitate them. . Design/methodology/approach For a team to execute such a strategy quickly and seamlessly it must first thoroughly understand the components of such a business model and how they interact to produce unique customer value and formidable competitive advantage Findings The platform is a new way to organize wealth-creating activity. Practical implications The author details the components of a successful platform-based business model. Originality/value Platform-based business models seek to leverage the assets of third parties and in the process extend the value of economic activity to customers in ways that engage and benefit them. Senior leaders and operations managers alike need to understand that continuous innovation of customer value and policies that attract asset-rich partners and skillful developers is essential to the growth of the network.

scholarly journals Business Model as an Inducer of Disruptive Innovations: The Case of Gol Airlines

2015 ◽  
Vol 3 (2) ◽  
pp. 28-42 ◽  
Author(s):  
Sirlei de Almeida Pereira ◽  
Fabricio Garcia Imbrizi ◽  
Alessandra Demite Goncalves De Freitas ◽  
Marcelo Aparecido Alvarenga
Keyword(s):  
Literature Review ◽  
Business Model ◽  
Business Models ◽  
Disruptive Innovation ◽  
Business Model Innovation ◽  
Disruptive Innovations ◽  
Innovation Processes

This study was undertaken to investigate the premises that the success of disruptive innovation is related to the business model adopted by organizations. An analysis of five business models from the literature review - Bovet and Martha (2000), Applegate (2001), Chesbrough and Rosenbloom (2002), Osterwalder and Pigneur (2010), and Rodrigues, Maccari and Lenzi (2012) – was conducted based on the case of the Brazilian Gol Airlines who is recognized as a success business that promoted a disruptive innovation. The results suggest that the assertive choice of the business model can leverage innovation processes, and two of the models listed are adherence to the case studied. Keywords: Disruptive Innovation; Business Model; Innovation Elements; Strategy; Gol Airlines.

scholarly journals Disruptive Innovation on Competition Law: Regulation Issues of Online Transportation in Indonesia

2019 ◽  
Vol 5 (2) ◽  
pp. 23
Author(s):  
Mukti Fajar ◽  
Dirk Zwerenz ◽  
Reni Budi Setianingrum
Keyword(s):  
Judicial Review ◽  
Business Models ◽  
Competition Law ◽  
Disruptive Innovation ◽  
Public Order ◽  
Legal Research ◽  
Legal Principles ◽  
The Public ◽  
Indonesian Government ◽  
New Business

Disruptive innovation such as online transportation business is a leap of innovations of in services that triggered chaos in field of competition law. The emergence of new cumbent with its disruptive innovation has disturbed the market that dominated by the incumbent. This chaos cannot be overcome by the same legal approach because it has a different business model, in fact, it also happened in Indonesia. This study aims to: (a) reviewing whether disruptive innovation infringes the principles and provisions of competition law and; (b) identifying and evaluating various regulations regarding online transportation in Indonesia. The method of this research is normative legal research, which examines various legal principles, legal theories, and legislation. Findings of this study are; First, disruptive innovation is not an unlawful act because it does not infringe any provisions in the competition law. And also, this innovation is not contravene with the public order; its using new business platforms that are different from old business models. Second, Indonesian government has regulated this disruptive innovation by issuing regulation which has been sued for judicial review and amendment. Finally, Indonesian government has formulated an accommodative regulation format, i.e., online transportation is equalized to the specialized rental transportation.

scholarly journals With a little help from the miners: distributed ledger technology and market disintermediation

2018 ◽  
Vol 118 (3) ◽  
pp. 637-652 ◽  
Author(s):  
Efpraxia D. Zamani ◽  
George M. Giaglis
Keyword(s):  
Business Models ◽  
Disruptive Innovation ◽  
Sustainable Business ◽  
Technology Infrastructure ◽  
Content Type ◽  
Economic Agents ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
New Business ◽  
Early Decision

Purpose The purpose of this paper is to argue for the role of the blockchain, i.e., distributed ledger technology, in building innovative business models, including machine money, autonomous economic agents and decentralised organisations. Design/methodology/approach The paper is conceptual/argumentative. As such, it draws on research on (e-)commerce, theories of markets, disruptive innovation and extant studies and conceptual work at the intersection of cryptocurrencies, machine-to-machine commerce and the Internet of Things. Findings The authors highlight three application areas for blockchains, whereby they can function as applications, can help develop autonomous economic agents and can lead the development of decentralised autonomous organisations. With regards to the question of market disintermediation, the authors suggest that, rather than complete disintermediation, the most probable scenario is that of new types of intermediaries finding previously unthinkable roles to play in mediating blockchain-based economic transactions. With regards to the inhibitors that slow down the technology’s adoption and, therefore, the development of new business applications, the authors posit that these relate mainly to the inherent risk of the technology, infrastructure requirements, scepticism of early decision makers and the lack of required new skills and competencies. Originality/value The authors examine how new forms of digital money and technologies embedding trust in decentralised networks will alter markets and commerce, at a time when many regulatory issues remain unresolved; in doing so, the authors focus on how blockchain-enabled technologies can be used to enable and further develop decentralised trusted peer-to-peer transaction ledger systems and applications and lead to sustainable business models.

The Role of Culture in Developing Disruptive Innovation in Domestic Firms

2013 ◽  
pp. 258-271 ◽  
Author(s):  
Birton J. Cowden ◽  
Morris Kalliny
Keyword(s):  
Business Models ◽  
Disruptive Innovation ◽  
Cultural Dimensions ◽  
Bottom Of The Pyramid ◽  
National Cultures ◽  
Domestic Firms ◽  
The World ◽  
Disruptive Innovations

National culture influences how people perceive the world, and subsequently, what actions they take. Research has shown that this also follows in the actions taken by firms that reside in those national cultures. The actions identified in this paper look at domestic firms’ pursuit of disruptive innovation. Disruptive innovations are unique types of innovation that require different thinking from the firm. We discuss the two ways a firm can pursue disruption and how culture might affect that pursuit. Specifically, Hofstede’s (1980) five cultural dimensions of uncertainty avoidance, power distance, long-term orientation, individualism, and masculinity will provide a guiding light on the values needed for a firm to develop disruptive innovations. Additionally, it will be further argued of the coexistence of disruptive business models and the opportunities of the bottom of the pyramid markets.

Business Strategies and Disruptive Technologies

2018 ◽  
pp. 1-30
Author(s):  
Sucet Jimena Martínez-Vergara ◽  
Jaume Valls-Pasola
Keyword(s):  
Competitive Advantage ◽  
Business Models ◽  
Disruptive Innovation ◽  
Business Strategies ◽  
Historical Overview ◽  
Disruptive Technologies ◽  
Disruptive Innovation Theory ◽  
Disruptive Innovations ◽  
Recent Developments ◽  
Key Issues

This chapter presents key issues taken from the review of existing literature on disruptive technologies and their importance for successful business strategies. The review is done within the framework of the disruptive innovation theory. The chapter covers an historical overview of the topic from the precursors to the most recent developments as well as an analysis of its predictive side. It also finds out whether the theory allows for the development of business models. Last section is devoted to the identification of strategies that are applicable in technological disruptive innovations and discusses relevant issues to develop such strategies. Disruptive innovations are widely recognized as key engines for competitive advantage, so it is important for companies to recognize the opportunities that emerge from developing disruptive technological innovations.

Business Strategies and Disruptive Technologies

2020 ◽  
pp. 1-23
Author(s):  
Sucet Jimena Martínez-Vergara ◽  
Jaume Valls-Pasola
Keyword(s):  
Competitive Advantage ◽  
Business Models ◽  
Disruptive Innovation ◽  
Business Strategies ◽  
Historical Overview ◽  
Disruptive Technologies ◽  
Disruptive Innovation Theory ◽  
Disruptive Innovations ◽  
Recent Developments ◽  
Key Issues

This chapter presents key issues taken from the review of existing literature on disruptive technologies and their importance for successful business strategies. The review is done within the framework of the disruptive innovation theory. The chapter covers an historical overview of the topic from the precursors to the most recent developments as well as an analysis of its predictive side. It also finds out whether the theory allows for the development of business models. Last section is devoted to the identification of strategies that are applicable in technological disruptive innovations and discusses relevant issues to develop such strategies. Disruptive innovations are widely recognized as key engines for competitive advantage, so it is important for companies to recognize the opportunities that emerge from developing disruptive technological innovations.

scholarly journals The Influence of Demographic Variables on Empirical Studies Concerning Cio Gender

2021 ◽  
Vol 29 (2) ◽  
pp. 52-64
Author(s):  
Bjarne Erik Roscher ◽  
◽  
Volker Nissen ◽  
Keyword(s):  
Information Technology ◽  
Business Models ◽  
Business Processes ◽  
Demographic Data ◽  
Empirical Studies ◽  
Economic Value ◽  
Disruptive Innovation ◽  
Demographic Variables ◽  
It Department ◽  
New Business

Companies are more and more dependent on information technology (IT) and the buzzword digitization is present everywhere. Some companies are inventing new business models based on disruptive innovation supported by information technology. Others adapt these business models as followers. All these new business processes and underlying information technology need to be managed, serviced, and supported by IT organizations to ensure business continuity. Traditionally heads of the IT department have been fully responsible for all aspects of IT usage in the company – including IT cost, IT governance, IT & process planning and implementation and IT operation. This results in the fact that there is a need of more intensive business-IT alignment to ensure the adequacy of the overall IT architecture in a company and ensure the economic value contribution of IT as a whole. In the last two decades researchers have investigated the area of CIO effectiveness by doing empirical research looking at IT roles/tasks, interaction and strategic importance of IT, personal background of CIOs. As a side effect some researchers have constructed and used demographic variables both as control and causal variables. This article looks on the comparability and the source of such demographic data especially on the case of Gender information and highest academic title. It also discusses the question if survey results could be compared with representative datasets to evaluate validity of the sample and responses of empirical studies.

Sign in / Sign up

Export Citation Format

Share Document