business model innovation Boosting service-based business modelling in SURGXFWFHQWULF¿UPV During recent years, business model innovatiRQ KDV JDLQHG LQ VLJQL¿FDQFH 6FKQHLGHU DQG 6SLHWKVLQFHLWLVFULWLFDOIRU¿UPVWRFUHDWH and form new markets and to achieve a competitive advantage over rivals (Mitchell and Coles, 2003). Most academic papers about business model innovation focus on value creation and capture (e.g., Amit and Zott, 2001, George and Bock, 2011), whereas the relevance of certain organizational capabilities, internal structures DQGSURFHVVHVDQGWKHQHFHVVLW\RIVWUDWHJLF¿W have barely been studied. Thus, we investigated germane organizational capabilities and internal settings fostering business model innovation ZLWKLQSURGXFWFHQWULF¿UPV6LQFHVHYHUDOSURGXFWFHQWULF¿UPVKDYHVWDUWHGWRHQKDQFHWKHLU service orientation, we particularly focused on capabilities and resources enabling the creation of novel service-based business models. Theoretical concept 6FKQHLGHU DQG 6SLHWK KLJKOLJKWHG WKDW there are mainly three research streams concerQLQJ EXVLQHVV PRGHO LQQRYDWLRQ 7KHVH UHIHU WR SUHUHTXLVLWHV SURFHVVHV DQG HOHPHQWV DV ZHOO DV effects of business model innovation. Considering WKH¿UVWUHVHDUFKVWUHDPDERXWSUHUHTXLVLWHVH[LVWLQJ UHVHDUFK HJ .LQGVWU|P HW DO 7HHFH KDVDOUHDG\WULHGWRWDFNOHWKLVWRSLFWKURXJK the lens of dynamic capability theory. Since technoORJLFDODQGPDUNHWFRQGLWLRQVLQFRUSRUDWHHQYLURQPHQWVFRQWLQXRXVO\FKDQJHSUHYLRXVO\DSSUHFLDWHG capabilities and resources might suddenly become REVROHWH 7KXV SDUWLFXODUO\ SURGXFWFHQWULF ¿UPV ZKLFK VWULYH IRU D VWURQJHU VHUYLFH RULHQWDWLRQ DUH RIWHQ UHTXLUHG WR DVVLPLODWH UHFRQ¿JXUH RU HYHQ substitute their capabilities and resource base acFRUGLQJWRHQYLURQPHQWDOVKLIWV0H]JHUDQG%DGHU 7HHFHHWDO 7KHG\QDPLFFDSDELOLWLHVSHUVSHFWLYHKHOSVWRFRPbine various characteristics of business model inQRYDWLRQ LQ RQH WKHRUHWLFDO PRGHO ,Q WKLV FRQWH[W 7HHFHDQG.LQGVWU|PHWDOVXJJHVWHGDSURFHVVRULHQWHGVHWWLQJZLWKWKUHHVWDJHVLQ ZKLFK WKH\ KLJKOLJKW VHQVLQJ VHL]LQJ DQG UHFRQ¿guring capacities. SensingDV¿UVWVWDJHGHVFULEHV the perception of opportunities and environmental ULVNV Seizing DV VHFRQG VWDJH GH¿QHV WKH GHVLgning and framing of potential business models 54 through internal structures and mechanisms. 5HFRQ¿JXULQJ DV ¿QDO VWDJH H[SODLQV WKH LPSOHmentation of a potential business model via organi]DWLRQDORUFKHVWUDWLRQDQGUHFRQ¿JXUDWLRQ 7KH REMHFWLYH RI WKLV UHVHDUFK LV WR SURYH WKDW VSHFL¿F FDSDELOLWLHV DQG LQWHUQDO VHWWLQJV HQDEOH SURGXFWFHQWULF ¿UPV WR GHYHORS DQG LPSOHPHQW QRYHO VHUYLFHEDVHG EXVLQHVV PRGHOV ZKLFK DUH IUHTXHQWO\ QRW RQO\ QHZWRWKH¿UP EXW HYHQ QHZ WRWKHZRUOG EXVLQHVV PRGHOV :H SDUWLFXODUO\ focused on cultural characteristics and internal strucWXUHVDQGPHFKDQLVPVZLWKLQWKHSURFHVVRULHQWHG VHWWLQJ FRQVLGHULQJ VHQVLQJ VHL]LQJ DQG UHFRQ¿JXULQJ FDSDELOLWLHV .LQGVWU|P HW DO 0H]JHU $V SURGXFWFHQWULF ¿UPV DUH XQOLNHO\ WR SRVVHVV WKH FDSDELOLWLHV DQG resource base to create service-based business PRGHOVWKH\KDELWXDOO\QHHGWRDGDSWUHFRQ¿JXUHRU even change their existing resource base and gain VSHFL¿F FDSDELOLWLHV WRZDUGV D VWURQJHU VHUYLFH RULHQWDWLRQ7KURXJKRXUUHVHDUFKZHHPSKDVL]HG the most fundamental capabilities and resourFHV DFURVV D YDULHW\ RI ¿UPV RSHUDWLQJ LQ GLVWLQFW industries. Methodology ,QRUGHUWRLGHQWLI\SURGXFWFHQWULF¿UPVZKLFKKDYH VXFFHVVIXOO\LPSOHPHQWHGRQHRUPRUHQHZWRWKH ZRUOG VHUYLFHEDVHG EXVLQHVV PRGHOV GXULQJ WKH ODVW¿YH\HDUVZHDQDO\]HGTXDQWLWDWLYHGDWDRIRXU LQQRYDWLRQ VXUYH\ LQ 1 DV RULHQWDWLRQ for the case selection. We addressed the most sucFHVVIXODQGEHVWSRVLWLRQHGSURGXFWFHQWULF¿UPVIRU DPXOWLSOHFDVHVWXG\DQDO\VLVLQ,QWRWDOZH ZHUHDEOHWRJDWKHUGDWDRISURGXFWFHQWULF¿UPV DFFRUGLQJ WR VSHFL¿FDOO\ VHOHFWHG FULWHULD (LVHQKDUGW (LVHQKDUGW DQG *UDHEQHU 7R HQKDQFHYDOLGLW\DQGDVVHVVRXUHPSLULFDO¿QGLQJV WKH GDWD FROOHFWLRQ ZDV EDVHG RQ VHPLVWUXFWXUHG LQWHUYLHZV ZKLFK ZHUH WULDQJXODWHG ZLWK ZRUNVKRS GDWD FRPSDQ\LQWHUQDO GRFXPHQWV DGGLWLRQDO TXHVWLRQQDLUHGDWDDQG¿QDQFLDOUHSRUWV<LQ Results Our multiple case study analysis revealed certain FDSDELOLWLHV DQG UHVRXUFHV ZKLFK DUH IXQGDPHQtal for the creation of novel service-based busiQHVV PRGHOV$OWKRXJK DOO RI RXU FDVH ¿UPV KDYH With regard to sensingPRVWRIRXUFDVH¿UPVSRLQWHGRXWWKDWWKHLGHQWL¿FDWLRQRIQRYHOVHUYLFHJDSV LVFHQWUDODQGWKDWDUHFRJQL]HGJDSVKRXOGVXLWWKH ¿UP¶VRYHUDOOVWUDWHJLFGLUHFWLRQ7RLGHQWLI\UHOHYDQW VHUYLFH JDSV IRUHVLJKW DQG V\VWHPDWLF WUHQG PRQLWRULQJ DFURVV LQGXVWU\ ERXQGDULHV DUH IUHTXHQWO\ DSSOLHG,QWKLVUHJDUGVHYHUDOSURGXFWFHQWULF¿UPV HPSOR\GHGLFDWHGGHSDUWPHQWVIRUWKLVNLQGRIMRE $IWHU KDYLQJ VHQVHG D SURPLVLQJ VHUYLFH JDS FHUWDLQLQWHUQDOVWUXFWXUHVSURFHVVHVDQGPHFKDQLVPV should support the employees in establishing an DSSURSULDWHEXVLQHVVPRGHOWRVHUYHDUHFRJQL]HG service gap. With regard to seizingRXUFDVH¿UPVHPSKDVL]HG the relevance of a structured business model deveORSPHQWSURFHVVZKLFKKDVEHHQDGDSWHGWRVHUYLFH LQQRYDWLRQVLQQXPHURXVFDVHV)XUWKHUPRUHPRVW SURGXFWFHQWULF¿UPVKDYHIRXQGHGDFHQWUDOXQLWIRU EXVLQHVV PRGHO LQQRYDWLRQ ZKLFK IUHTXHQWO\ LQLWLDWHV SLORW SURMHFWV IRU QHZ VHUYLFHEDVHG EXVLQHVV PRGHOV 7KHVH SLORW SURMHFWV DUH RIWHQ ¿QDQFHG through company-internal venture capital funds. In DGGLWLRQRXU¿QGLQJVVKRZWKDWSURGXFWFHQWULF¿UPV ZKLFKODFNUHOHYDQWVHUYLFHVNLOOVIRUDQHZEXVLQHVV PRGHOIUHTXHQWO\DSSO\0$DVVWUDWHJ\IRUDTXLFN DFTXLVLWLRQRIFDSDELOLWLHVDQGUHVRXUFHV Considering UHFRQ¿JXULQJ RXU FDVH ¿UPV accentuated the necessity of developing a serviceRULHQWHG FXOWXUDO PLQGVHW HJ YLD VWRU\WHOOLQJ DQG LQWHUGLVFLSOLQDU\WHDPVDQGRIRUFKHVWUDWLQJWKHVHUYLFHGHYHORSPHQWHJYLDRUJDQL]DWLRQDOUHVWUXFWXULQJ,QWKLVFRQWH[WRXUFDVH¿UPVVWUHVVHGWKHLPSRUWDQFHRID¿UP¶VZLOOLQJQHVVWRFDQQLEDOL]HZKLFK is essential for both setting up a novel service-based EXVLQHVVPRGHODVZHOODVIRUWUDQVIRUPLQJDQH[LVWLQJRQHVHH0H]JHUDQG%DGHUIRUGHWDLOV 6HYHUDO ¿UPV DOVR RIIHU GHGLFDWHG WUDLQLQJ FRXUVHV IRUWKHLUHPSOR\HHVWREXLOGXSUHTXLUHGVHUYLFHFDSDELOLWLHV 0RUHRYHU RXU FDVH ¿UPV IUHTXHQWO\ SURvide visible incentives for their employees and offer VXI¿FLHQWPDQSRZHUDQGWLPHIRUWKHHVWDEOLVKPHQW of novel service-based business models. Discussion and conclusions :HFRQVLGHURXUHPSLULFDO¿QGLQJVWREHUHOHYDQWIRU ERWKWKHRU\DQGSUDFWLFH)LUVWRXUHPSLULFDOVWXG\ extends existing research on dynamic capabilities by investigating their presence in product-centric ¿UPV ZKLFK LQWHQG WR HQKDQFH WKH OHYHO RI VHUYLFH RULHQWDWLRQ %\ RSHUDWLRQDOL]LQJ WKH SURFHVVRULHQWHGFDSDELOLW\PRGHOE\7HHFHDQG.LQGVW|P HWDOZLWKUHJDUGWRVHUYLFHEDVHGEXVLQHVV PRGHOOLQJ ZH DUH DEOH WR UHYHDO ZKLFK FRPSHWHQces and shifts in resources are essential for productFHQWULF¿UPVWRERRVWVHUYLFHRULHQWDWLRQ$FFRUGLQJ WRWKHDSSOLHGWKHRUHWLFDOPRGHOSDUWLFXODUO\PRGL¿FDWLRQVDQGDGMXVWPHQWVLQWKHVHL]LQJDQGUHFRQ¿- business model innovation DOUHDG\ODXQFKHGQHZVHUYLFHEDVHGEXVLQHVVPRGHOV GXULQJUHFHQW\HDUVWKH\DUHDWGLIIHUHQWVWDJHVZLWK UHJDUG WR V\VWHPDWL]DWLRQ 7KXV ZH FDQ SURYLGH ERWKLQVLJKWVRISURGXFWFHQWULF¿UPVZKLFKDUHVWLOO LQ WKH SURFHVV RI V\VWHPL]LQJ WKHLU DSSURDFK DQG LQVLJKWV RI SURGXFWFHQWULF ¿UPV ZKLFK DUH PRUH H[SHULHQFHG 'HVSLWH WKLV GLVFUHSDQF\ WKHUH DUH FHUWDLQSDUDPHWHUVDQGFKDUDFWHULVWLFVZKLFKDOOH[DPLQHG SURGXFWFHQWULF ¿UPV KLJKOLJKWHG UHJDUGLQJ successful service-based business modelling. Figure 1: Capabilities for service-based business modelling (adapted from Mezger, 2014) 55 business model innovation guring stages seem to be indispensible. Our empiriFDOVWXG\GHVFULEHVDFWLRQVDQGPHFKDQLVPVZKLFK IRVWHUWKHGHYHORSPHQWRIHVVHQWLDOVNLOOVDQGFRPSHWHQFHV6HFRQGZHDUHDEOHWRH[WHQGWKHRU\E\ revealing differences in capabilities and resources UHJDUGLQJ FRPSOHPHQWDU\ EXVLQHVV PRGHO LQQRYDWLRQ DQG EXVLQHVV PRGHO WUDQVIRUPDWLRQV ,Q WKLVUHJDUGLQQRYDWLRQFXOWXUDOFKDUDFWHULVWLFVVXFK DV D ¿UP¶V ZLOOLQJQHVV WR FDQQLEDOL]H LQYHVWPHQWV capabilities or sales appear to play a central role 0H]JHUDQG%DGHU Managers can learn from our analysis that productFHQWULF ¿UPV QHHG WR DFTXLUH VSHFL¿F FDSDELOLWLHV and resources to develop novel service-based busiQHVVPRGHOVRUWRWUDQVIRUPH[LVWLQJRQHVWRZDUGVD VWURQJHUVHUYLFHRULHQWDWLRQ,ISURGXFWFHQWULF¿UPV Your contact person for innovation strategy and innovation culture Karoline Bader, MA Research associate phone: +49 7541 6009-1285 HPDLO NDUROLQHEDGHU#]XGH do not possess these service capabilities and reVRXUFHVWKH\DUHUHFRPPHQGHGWRHVWDEOLVKWKHP LQWHUQDOO\DFTXLUHWKHPYLD0$RUFRRSHUDWHZLWK H[WHUQDOSDUWQHUVZKRSRVVHVVWKHUHTXLUHGVNLOOVHW $FFRUGLQJ WR RXU UHVXOWV WKH DFTXLVLWLRQ YLD 0$ DSSHDUV WR EH W\SLFDO IRU SURGXFWFHQWULF ¿UPV WR TXLFNO\DWWDLQUHOHYDQWVHUYLFHVNLOOVUHDFKDFHUWDLQ level of service orientation and accelerate the orchestration of a service-oriented mental model. FurWKHUPRUH RXU ¿QGLQJV RIIHU SUDFWLFDO LQVLJKWV LQWR the characteristics to be focused on by managers of SURGXFWFHQWULF¿UPVZKHQVHHNLQJWRDXJPHQWWKH VHUYLFHRULHQWDWLRQYLDQHZEXVLQHVVPRGHOV6XFK LQVLJKWV DUH IXQGDPHQWDO DV SURGXFWFHQWULF ¿UPV need to cleverly balance their product and service innovation-related capabilities and assets. For further reading: %DGHU . (QNHO ( 7RZDUGV VHUYLFHEDVHG EXVLQHVVPRGHOVLQSURGXFWFHQWULF¿UPV$FDSDELOLW\DSSURDFK,QWHUQDWLRQDO6RFLHW\IRU3URIHVVLRQDO,QQRYDWLRQ 0DQDJHPHQW&RQIHUHQFH,63,0-XQHWKWK 'XEOLQ,UHODQG¿QDOLVWRI$OH[*RIPDQ%HVW6WXGHQW3DSHU$ZDUG %DGHU.(QNHO(+RZWRIRVWHUVHUYLFHEDVHG EXVLQHVV PRGHOOLQJ LQ SURGXFWFHQWULF ¿UPV" 5' 0DQDJHPHQW &RQIHUHQFH 5$'0$ -XQH UG WK 6WXWWJDUW*HUPDQ\ 0H]JHU ) %DGHU . ,QQRYDWLRQVNXOWXU DOV (UIROJVIDNWRU IU *HVFKlIWVPRGHOOLQQRYDWLRQHQ (LQH IDOOVWXGLHQEDVLHUWH hEHUVLFKW ,Q 6FKDOOPR ' HG .RPSHQGLXP*HVFKlIWVPRGHOO,QQRYDWLRQ*DEOHU:LHVEDGHQSS 0H]JHU ) %DGHU . (QNHO ( $QWHFHGHQWV of business model innovation: Examining the role of corporate culture and environmental turbulence. Annual Conference of the European Academy of Management (85$0-XQHWKWK,VWDQEXO7XUNH\ 56
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