Business model stress testing: A practical approach to test the robustness of a business model

Haaker, Timber; Bouwman, Harry; Janssen, Wil; Reuver, Mark de

doi:10.1016/j.futures.2017.04.003

Cited by 86 publications

(91 citation statements)

References 31 publications

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“…The practitioner-oriented BM Canvas [9] consists of nine building blocks, including value proposition, key partners, key resources, key activities, customer relationship, communication and distribution channels, customer segmentation, revenue streams, and cost structure. Several researchers have used these components in their studies [2,66].…”

Section: Conceptualization Of Bm and The Level Of Bmimentioning

confidence: 99%

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Drivers and Outcomes of Business Model Innovation—Micro, Small and Medium-Sized Enterprises Perspective

et al. 2019

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Business model innovation (BMI) is one of the key activities, which has to be continuously undertaken in every enterprise to sustain competitiveness in today’s digital economy. Although the interest in business models (BM) has risen significantly since the late 1990s, little is known about BMI practices in small- and medium-sized enterprises (SMEs), representing a majority of enterprises in the European market. Our study addresses this research gap and focuses on the investigation of drivers and outcomes of BMI in SMEs. A partial least squares path modeling (PLS-PM) method was used to empirically test the model using data collected in 2017 from 71 SMEs in Slovenia. Results have shown that the innovativeness of enterprises and their business environment has a positive impact on the level of BMI activities in the enterprises. However, this is not the case of fast developing and rapidly changing information technology. In addition, the results show that the level of BMI has a positive impact on BMI outcomes and further on overall business performance. The results contribute to the body of knowledge in the field of BMI activities in SMEs and offer useful insights to SMEs that intend to innovate their business model(s) and government to create a supportive environment.

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Section: Conceptualization Of Bm and The Level Of Bmimentioning

confidence: 99%

“…Business models (BMs) and business model innovation (BMI) are increasingly gaining attention in both entrepreneurial practice and in research [1][2][3][4]. However, although the amount of literature increases, it seems that a sound theoretical foundation of BMs and the BMI concept is still missing [5,6].…”

Section: Introductionmentioning

confidence: 99%

Drivers and Outcomes of Business Model Innovation—Micro, Small and Medium-Sized Enterprises Perspective

et al. 2019

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“…Later, Baden-Fuller and Haefliger (2013) have added that business models are the link between technological innovation and firm performance. The role of technologies for business models is twofold: new technology makes new business models possible (Haaker, Bouwman, Janssen & De Reuver 2017), and innovative models might require new technologies (Clauss, 2016).…”

Section: Business Models Technology and Servicesmentioning

confidence: 99%

What technology enabled services impact business models in the automotive industry? An exploratory study

Athanasopoulou

Reuver

Nikou

et al. 2019

Futures

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“… description of tasks by which the organization or network intends to create and appropriate value using the offered products and services [13];…”

Section: A Theoretical Basis Of Business Modelmentioning

confidence: 99%

Creation and Appropriation of Value in Business Models of Hotel Enterprises Operating on the Polish Market

Sztorc¹

2019

Proceedings of the Fourth International Conference on Economic and Business Management (FEBM 2019)

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Nowadays, hotel enterprises operate on the market according to a specific business model. A key component of this model, apart from creating value, is to intercept it for the organization needs. One of the conditions for providing value is to establish appropriate relations between market players and use their strategic resources. The value proposition that occurs in business models is a consequence of the differentiation between the value generated for the customer and the value generated and intercepted by the hotel enterprise. This kind of process is carried out with the participation of other organizations that function in the enterprise environment. They usually take the form of cooperative relations. In this respect, the aim of this paper is to indicate the importance of resources and network relations occurring in the business models of hotel enterprises as the key elements for the creation and appropriation of value. To achieve the stated goal, conduct a survey using survey methods with the required questions about authors assisted by CAWI (Computer Assisted Web Interview). The survey consisted of 18 questions and was carried out in April-July 2019. The survey was carried out among respondents from hotels with Polish and foreign capital. In the next stage of research, the results obtained from questionnaires were subjected to verification and statistical analysis using the IBM SPSS Statistics version 13.0 package. The paper presents forms and categories of inter-organizational relations and recognizes strategic resource. The conducted research shows that the majority of enterprises establishing relations with specific partners, do it both to support the creation and interception of value. The research results may be an inspiration for improving the process of creating and appropriating values and creating business models among hotel managers with Polish capital according to the paradigms taken over by hotel managers with foreign capital.

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Business model stress testing: A practical approach to test the robustness of a business model

Cited by 86 publications

References 31 publications

Drivers and Outcomes of Business Model Innovation—Micro, Small and Medium-Sized Enterprises Perspective

Drivers and Outcomes of Business Model Innovation—Micro, Small and Medium-Sized Enterprises Perspective

What technology enabled services impact business models in the automotive industry? An exploratory study

Creation and Appropriation of Value in Business Models of Hotel Enterprises Operating on the Polish Market

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