Long Range Planning· 2017Q1
Business models and dynamic capabilities
- 3,157citations
- Q1SCImago
- 2017year
Short summary
This paper argues that business models and dynamic capabilities are deeply intertwined, with each influencing the other's development and effectiveness.
AI-generated from the title and abstract; the full text is not read.
Key points
- Dynamic capabilities influence a firm's ability to design effective business models.
- Business models shape dynamic capabilities and constrain strategic feasibility.
- The relationship between business models and dynamic capabilities is theoretically understood.
- Empirical research is needed to detail business model innovation, implementation, and change.
AI-generated from the title and abstract; the full text is not read.
Abstract
Business models, dynamic capabilities, and strategy are interdependent. The strength of a firm's dynamic capabilities help shape its proficiency at business model design. Through its effect on organization design, a business model influences the firm's dynamic capabilities and places bounds on the feasibility of particular strategies. While these relationships are understood at a theoretical level, there is a need for future empirical work to flesh out the details. In particular, studies that provide a better understanding of business model innovation, implementation, and change will also shed light on important aspects of dynamic capabilities.
The authors' abstract, as published at the source. Long Range Planning, 2017 · DOI ↗
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Field: Strategy and Management
Strategy and ManagementBusiness, Management and Accounting