Business model innovation and organisational mindfulness as determinants of corporate sustainability: an empirical study

2017 ◽  
Vol 13 (2) ◽  
pp. 238 ◽  
Author(s):  
Nitin Simha Vihari ◽  
M.K. Rao
Keyword(s):  
Empirical Study ◽  
Business Model ◽  
Corporate Sustainability ◽  
Business Model Innovation

scholarly journals Bridging entrepreneurial competencies and business model innovation: insights on business renewal in the small horticulture businesses in Finland

2019 ◽  
Vol 28 (3) ◽  
Author(s):  
Taina Eriksson ◽  
Hilkka Halla ◽  
Marikka Heikkilä ◽  
Helka Kalliomäki
Keyword(s):  
Empirical Study ◽  
Business Model ◽  
Driving Force ◽  
Business Model Innovation ◽  
Venture Performance ◽  
The Core ◽  
Innovation Model ◽  
Entrepreneurial Competencies ◽  
Internal Drivers

Entrepreneurial competencies are connected to venture performance, but the link between these competencies and the business model (BM) innovation is scarcely studied. This article is among the first to study entrepreneurial competencies as a driving force for BM innovation. This paper presents a qualitative empirical study of six innovative horticulture entrepreneurs in Finland. We contribute to two separate literature streams, competence and BM literature, by combining competence categories (Mitchelmore and Rowley 2010) and BM Innovation model (Foss and Saebi 2017) in the analysis of innovative entrepreneurs. This paper provides evidence on entrepreneurial competencies being internal drivers for BM innovation, and also identifies the core entrepreneurial competences related to BM innovation.

scholarly journals Business Model Innovation of Industry 4.0 Solution Providers Towards Customer Process Innovation

Processes ◽  
2018 ◽  
Vol 6 (12) ◽  
pp. 260 ◽  
Author(s):  
Julian Marius Müller ◽  
Simon Däschle
Keyword(s):  
Empirical Study ◽  
Business Model ◽  
Industry 4.0 ◽  
Process Innovation ◽  
Theoretical Background ◽  
Business Model Innovation ◽  
Process Improvements ◽  
Current State ◽  
State Of Research

The article investigates the role of business model innovation by Industry 4.0 solution providers and their impact on process innovation of their customers. Industry 4.0 solution providers are hereby seen as the enablers and providers of Industry 4.0 technologies, which provide access to several potentials of Industry 4.0 technologies to their customers. In particular, the role of small and medium-sized enterprises (SMEs) that provide solutions that are based on Industry 4.0 technologies for their customers are investigated, which in turn can improve and innovate their own processes. Frist, the article presents an overview of the current state of research and a brief theoretical background. Second, the article bases its findings on an empirical study of 111 Industry 4.0 providers from Germany that are SMEs. Analyzing the results of questionnaires, correlations between Industry 4.0 solutions and two perspectives are examined: benefits for the solution providers and benefits for process improvements and innovations of the customers. Subsequently, the article discusses these findings, closing the article with both managerial and research implications.

scholarly journals Business Model Innovation as a Tool to Establish Corporate Sustainability

2017 ◽  
Vol 6 (2) ◽  
pp. 50-58 ◽  
Author(s):  
Csaba Fogarassy ◽  
Balint Horvath ◽  
Robert Magda
Keyword(s):  
Business Model ◽  
Business Models ◽  
Corporate Sustainability ◽  
Business Environment ◽  
Business Model Innovation ◽  
Socially Responsible ◽  
Market Society ◽  
Economic Interpretation ◽  
Clear Explanation ◽  
Market Criteria

Abstract Considering the frequently changing business environment, staying competitive on the current markets takes more efforts from companies in the 21st century. Conducting only incremental product innovation does not meet the market criteria anymore. The successful entrepreneurs of the future must focus more on the design of their business models to gain superior economic performance. Besides the market, society has also raised a major requirement towards companies, which is being socially responsible. The word ‘sustainability’ regarding businesses might confuse a lot of people as several aspects of the term reach beyond its traditional economic interpretation. The present study provides a clear explanation and furthermore examines its application at a corporate level. This paper aims to present how business model innovation does not simply lead to economic success but its generated value can be extended to social and environmental aspects as well.

scholarly journals How Does Corporate Sustainability Increase Financial Performance for Small- and Medium-Sized Fashion Companies: Roles of Organizational Values and Business Model Innovation

2020 ◽  
Vol 12 (24) ◽  
pp. 10322
Author(s):  
Su Jin Yang ◽  
Seyoon Jang
Keyword(s):  
Factor Analysis ◽  
Financial Performance ◽  
Business Model ◽  
Online Survey ◽  
Corporate Sustainability ◽  
Organizational Values ◽  
Business Model Innovation ◽  
Corporate Financial Performance ◽  
Fashion Industry

The objective of this study was to examine how corporate sustainability can raise the level of corporate financial performance of small- and medium-sized enterprises (SMEs) in the fashion industry by considering the roles of organizational values and business model innovation in forming corporate sustainability. It is meaningful to explore the role of corporate sustainability in SMEs as well as fashion companies considering the recent growth of SMEs in the fashion industry. Practitioners (N = 218) working for SMEs located in South Korea participated in an online survey. Exploratory factor analysis resulted in three organizational values of SMEs: flexibility value, rational value, and hierarchical value. While flexibility has contributed to forming business model innovation and sustainability, having a rational value has impacted business model innovation and financial performance. A hierarchical value affected only corporate sustainability. However, business model innovation did not show any significant impact on corporate sustainability or financial performance. Finally, corporate sustainability positively influenced financial performance only for SMEs that had experience practicing at least three sustainable activities. These results have implications for how SMEs manage sustainability to enhance financial performance.

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