2017
DOI: 10.1142/s1363919617500050
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Innovative Born Globals: Investigating the Influence of Their Business Models on International Performance

Abstract: Internationalization is a hot topic in innovation management, whereby the phenomenon of "Born Globals" is still limited to research in the domains of Entrepreneurship and International Management. As business model design plays a key role for Born Globals, we link these two concepts. For this, we propose hypotheses about the influence of efficiencycentered and novelty-centered business model design on international firm performance. To test these hypotheses, we performed a quantitative survey with 252 founders… Show more

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Cited by 26 publications
(9 citation statements)
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References 152 publications
(287 reference statements)
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“…Moreover, the results show that firms can improve their performance through (a) allocating more resources for BM experimentation and (b) enhancing their capacity to innovate either by increasing the number of innovation or spending more time for innovation. Our results are not only consistent with previous findings (e.g., Chesbrough, 2010;Kraus, Brem, Schüssler, Schüssler, & Niemand, 2017;Trimi & Berbegal-Mirabent, 2012) showing that innovation is a key success factor for the firm performance, and that BMI is a vehicle for the firm transformation, but also confirm earlier Zott's et al (2011) finding that argue BMI is the key to firm performance. In addition, the importance of innovativeness confirmed by both PLS-SEM and fsQCA results indicate that BMs represent a component of innovation commercialization that is managed separately, but in accordance with the value innovation process (George & Bock, 2011).…”
Section: Discussionsupporting
confidence: 92%
“…Moreover, the results show that firms can improve their performance through (a) allocating more resources for BM experimentation and (b) enhancing their capacity to innovate either by increasing the number of innovation or spending more time for innovation. Our results are not only consistent with previous findings (e.g., Chesbrough, 2010;Kraus, Brem, Schüssler, Schüssler, & Niemand, 2017;Trimi & Berbegal-Mirabent, 2012) showing that innovation is a key success factor for the firm performance, and that BMI is a vehicle for the firm transformation, but also confirm earlier Zott's et al (2011) finding that argue BMI is the key to firm performance. In addition, the importance of innovativeness confirmed by both PLS-SEM and fsQCA results indicate that BMs represent a component of innovation commercialization that is managed separately, but in accordance with the value innovation process (George & Bock, 2011).…”
Section: Discussionsupporting
confidence: 92%
“…For example, the digital aspects of the technology favour the adoption of born-global approaches (Kraus et al, 2017;Tanev, 2012). These firms can quickly scale up their products and aim for a global audience.…”
Section: Entrepreneursmentioning
confidence: 99%
“…The introduction of digital elements in the technology entrepreneurship process also reveals a bright side for entrepreneurs. For example, the digital aspects of the technology favour the adoption of born-global approaches (Kraus et al, 2017;Tanev, 2012). These firms can quickly scale up their products and aim for a global audience.…”
Section: Entrepreneursmentioning
confidence: 99%