Absorptive capacity, strategic flexibility, and business model innovation: Empirical evidence from Italian SMEs

Miroshnychenko, Ivan; Ströbl, Andreas; Matzler, Kurt; Massis, Alfredo Vittorio De

doi:10.1016/j.jbusres.2020.02.015

Cited by 211 publications

(188 citation statements)

References 96 publications

(179 reference statements)

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“…To capture the influence of the family on the business, we used a proxy of the continuous family ownership stake variable (ranging from 0 to 100), following prior research (Fernández & Nieto, 2006; Miller et al, 2010; Miroshnychenko, Strobl, et al, 2020; Sciascia et al, 2015; see also Boling et al, 2016; Sirmon et al, 2008). Specifically, the respondents stated the percentage of firm shares owned by the family.…”

Section: Methodsmentioning

confidence: 99%

Family Influence and Digital Business Model Innovation: The Enabling Role of Dynamic Capabilities

Soluk

Miroshnychenko

Kammerlander

et al. 2021

Entrepreneurship Theory and Practice

Self Cite

167

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New digital technologies have prompted many firms, including family firms, to innovate their business models. We study the role of dynamic capabilities as mediator in the relationship between family influence and digital business model innovation (BMI), and the moderating role of environmental dynamism. Based on unique survey data from 1,444 German firms with and without family influence, we reveal that knowledge exploitation, risk management, and marketing capabilities mediate the positive relationship between family influence and digital BMI. Surprisingly, and contrary to our assumption, we find that the positive relationship between family influence and dynamic capabilities is weakened rather than strengthened by environmental dynamism. Our findings hold important implications for family business innovation and digital BMI research, offering valuable insights into the role of dynamic capabilities and environmental dynamism in the digital economy.

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Section: Methodsmentioning

confidence: 99%

Family Influence and Digital Business Model Innovation: The Enabling Role of Dynamic Capabilities

Soluk

Miroshnychenko

Kammerlander

et al. 2021

Entrepreneurship Theory and Practice

Self Cite

167

View full text Add to dashboard Cite

show abstract

“…And finally, the factors related to the capabilities of the potential industrial customers and the fitting of the technology with them are also included. These factors encompass aspects related to strategy, collaboration and capacitation that are collected under the absorptive capacity concept [124][125][126][127][128]. The literature review, from which the first wide set of parameters candidate to be included in the hierarchy tree has been built, has observed the factors identified by the authors in the above-mentioned fields, to ensure the observance of the global scenario vision.…”

Section: Discussionmentioning

confidence: 99%

Assessment and Selection of Technologies for the Sustainable Development of an R&D Center

Lizarralde¹,

Ganzarain

Zubizarreta

2020

Sustainability

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The central role of R&D centers in the advancement of technology within industrial enterprises is undeniable and clearly affects their strategies, their competitiveness and their business sustainability. R&D centers assume responsibility for technology recognition, collection, acquisition, development and transition. Among their activities, the efficient choice of emerging technologies in the Technology Management Process is becoming a real challenge. In such heterogeneous scenarios, Multiple Criteria Decision Making (MCDM) models are commonly proposed as an appropriate decision-making approach. Multiple research works address the selection of particular technologies in industrial applications, but very few references can be found related to research institutions, and R&D centers in particular. Therefore, a decision-making model is provided in this study following the MIVES multi criteria method for the assessment of one or more technologies. The model is then applied to two case studies related to the selection process of new technologies at a Spanish R&D Center specialized in manufacturing.

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“…Technology and ways of doing things vary from time to time; therefore, the need to absorb new ways of doing things and put them into practice. According to Cohen and Levinthal (1990) and Miroshnychenkoa et al (2020), absorptive capacity (AC) is the ability to recognize the value of new information, assimilate it and apply it to commercial ends. Preceding knowledge gives one Figure 1.…”

Section: Theoretical Reviewmentioning

confidence: 99%

University internship systems and preparation of young people for world of work in the 4th industrial revolution

Adeosun

Shittu

Owolabi

2021

RAMJ

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Purpose As the 4th industrial revolution (4IR) unfolds, there is an increasing awareness that its implications for workforce transformation and shifts in workforce demand will profoundly impact the future of work. Specifically, the paper seeks to answer the following research questions: i) how does Students’ Industrial Work Experience Scheme (SIWES) equip young people for the real world of work, especially in the era of the third industrial revolution?; ii) does SIWES support the exposure of young people to the world of digitalization?; and iii) what are the effects of the SIWES exposure on the employability of young people? This paper aims to evaluate the University Internship system and preparation of young people for the world of work in the 4th industrial revolution. Design/methodology/approach This paper used a mixed method to unravel the objectives of this study, that is, quantitative and qualitative methods. For the former, structured questionnaires were used to elicit a response from 249 young people drawn from tertiary institutions across Lagos State, Nigeria. The latter used an in-depth interview method conducted among 45 respondents (25 employers of labor and 20 lecturers). Findings The findings reveal that: SIWES contributes meaningfully to the advancement of knowledge and capacity building among young people; SIWES exposes young people to the world of digitalization, depending on the organization where the internship takes place; and SIWES pays little attention to financial rewards and more attention to the acquisition of skills that are relevant to the world of work. The practical and policy implications of the findings are critically discussed. Originality/value This paper critically evaluates the SIWES policy amidst the growing threats of widening skills gap, greater inequality and broader polarization.

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Absorptive capacity, strategic flexibility, and business model innovation: Empirical evidence from Italian SMEs

Cited by 211 publications

References 96 publications

Family Influence and Digital Business Model Innovation: The Enabling Role of Dynamic Capabilities

Family Influence and Digital Business Model Innovation: The Enabling Role of Dynamic Capabilities

Assessment and Selection of Technologies for the Sustainable Development of an R&D Center

University internship systems and preparation of young people for world of work in the 4th industrial revolution

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