New perspectives on business model innovations in emerging markets

Kumar, Vikas; Srivastava, Rajendra K.

doi:10.1007/s11747-019-00713-2

Cited by 38 publications

(23 citation statements)

References 21 publications

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“…Our broad synthesis of BMI antecedents, substance and outcomes is somewhat limiting in that it does not consider contextual differences, while recent research by Kumar and Srivastava (2019) suggests that institutional factors greatly impact the nature of the BMI. Papers in this special issue carry potential insights into BMI relating to SPOs spanning different institutional settings; namely, from less affluent countries like Bangladesh ( Ahmed et al, 2020 ) to developed countries like the UK and France ( Alshawaaf & Lee, 2020 ); and from a broader international focus ( De Silva et al, 2020 ) to a localized domestic focus ( Ahmed et al, 2020 ).…”

Section: Gaps Directions For Future Research and Concluding Thoughtsmentioning

confidence: 99%

Editorial and research agenda: JBR special issue on business model innovation in social purpose organizations

Weerawardena

Mort

Salunke

et al. 2021

Journal of Business Research

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In this introduction to the special issue on business model innovation (BMI) among social purpose organizations (SPOs), we define business models, BMI, and SPOs, and introduce the insights that papers in this special issue contribute to scholarly knowledge at the intersection of SPOs and BMI. We aggregate insights from articles in the special issue to provide insights into the major antecedents of BMI (environmental turbulence, and internal drivers), the substance of BMI (collaboration, managing tensions, and developing dynamic and learning capabilities), and the outcomes of BMI (expansion of dual social-economic goals, and organizational survival). Reflecting on this collection of papers, and the broader social sector literature, we then suggest several avenues for future research.

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Section: Gaps Directions For Future Research and Concluding Thoughtsmentioning

confidence: 99%

Editorial and research agenda: JBR special issue on business model innovation in social purpose organizations

Weerawardena

Mort

Salunke

et al. 2021

Journal of Business Research

View full text Add to dashboard Cite

show abstract

“…Emerging markets play an increasingly important role in the world economy nowadays (Le-Anh and Nguyen-To, 2020) and satisfy some of the traditional requirements of developed first-world markets, which radically differ for a number of reasons, e.g. resource shortages, customer heterogeneity, insufficient infrastructure, and sociopolitical turmoil (Kumar and Srivastava, 2020). In these markets, geographical indication (GI) labelling differentiates a product from its competitors as to the region where it originated.…”

Section: Introductionmentioning

confidence: 99%

Consumers’ Perception and Behavior towards Geographical Indication Products: The Case of Traditional Pestil from Gümüşhane, Turkey

Doğan

Adanacıoğlu²

2022

agro

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The main objective of this study is to assess the relationship between the level of consumers' perception of products with geographical indication (GI) and their consumption of products with GI labels. Geographically indicated products were examined within the scope of Gümüşhane fruit pulp (mulberry pestil), which was registered as a Protected Geographical Indication (PGI) in 2004. This research conducted an online survey of 166 consumers living in Gümüşhane province in Turkey. Binary logistic regression analysis method was used to identify the factors affecting the probability of consuming products with GI labels. The model results show that middle-aged, married, middle-income and consumers who correctly perceive the concept of geographical indication products are more likely to consume products with GI labels. According to the logistic regression results, the increase in consumers' level of correct perception of the product notion with GI label increases the probability of consuming products with GI label 2.5 times. The results of this study also tell us that the market share of these products can be increased by improving the consumer perception towards geographically indicated products. Policymakers can also take advantage of these insights to improve lucid understanding of how labels are actually interpreted by consumers.

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“…Thus, we examine the direct impact of outside-in thinking on BMI and the contingency of environmental factors. Emerging economies are the "burgeoning frontier" of BMI (Kumar and Srivastava, 2019), where the competitive and the institutional environments have distinct characteristics. Thus, we choose to investigate the effect of outside-in thinking under the conditions of competitive intensity and regulatory volatility.…”

Section: Introductionmentioning

confidence: 99%

Outside-in thinking, value chain collaboration and business model innovation in manufacturing firms

Liang

Liu

Bao

2021

JBIM

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Purpose This paper aims to explore how manufacturing firms pursue business model innovation (BMI) through their use of outside-in thinking. Design/methodology/approach Survey data were collected on 175 Chinese manufacturing firms. A regression model was used to verify the research results. Findings Manufacturing firms rely on outside-in thinking to develop BMI under different market and institutional environments. From a whole-value-chain perspective, interacting with customers and sharing information with suppliers are two key ways to develop BMI. Research limitations/implications Firms focus on customer needs, sense the dynamics of external markets and technology and seize market opportunities to measure outside-in thinking. Empirical results suggest using other measures of outside-in thinking. BMI itself can be multidimensional, so scholars could consider BMI’s diverse dimensions and measurements, which may demand different kinds of outside-in thinking. Practical implications Manufacturing firms can use outside-in thinking to overcome inertia and rigidity and increase their knowledge, information and technology. Managers should develop outside-in thinking to respond quickly to emerging economies. Managers should use value chain collaboration and improve the firm’s capacity to interact with customers and suppliers to apply the benefits of outside-in thinking to their BMI. Originality/value The study explores how outside-in thinking is a key driver of BMI. Applying the whole-value-chain view, it finds that interacting with customers and suppliers connects outside-in thinking with BMI. It also highlights the effects of intense market competition and volatile government regulation on BMI.

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New perspectives on business model innovations in emerging markets

Cited by 38 publications

References 21 publications

Editorial and research agenda: JBR special issue on business model innovation in social purpose organizations

Editorial and research agenda: JBR special issue on business model innovation in social purpose organizations

Consumers’ Perception and Behavior towards Geographical Indication Products: The Case of Traditional Pestil from Gümüşhane, Turkey

Outside-in thinking, value chain collaboration and business model innovation in manufacturing firms

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