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https://doi.org/10.21256/zhaw-22179| Publication type: | Article in scientific journal |
| Type of review: | Peer review (publication) |
| Title: | Strategies for business model innovation : how firms reel in migrating value |
| Authors: | Hacklin, Fredrik Björkdahl, Joakim Wallin, Martin W. |
| et. al: | No |
| DOI: | 10.1016/j.lrp.2017.06.009 10.21256/zhaw-22179 |
| Published in: | Long Range Planning |
| Volume(Issue): | 51 |
| Issue: | 1 |
| Page(s): | 82 |
| Pages to: | 110 |
| Issue Date: | 2018 |
| Publisher / Ed. Institution: | Elsevier |
| ISSN: | 0024-6301 |
| Language: | English |
| Subject (DDC): | 658.401: Corporate development |
| Abstract: | This paper brings together firm-level research on business models and industry-level research on value migration to examine patterns of business model innovation. We draw on qualitative data from 14 cases and 68 interviews in the computer and telecommunications industries to demonstrate how business model innovation is sensitive to industry-wide forces of value migration. Based on our analysis we conclude that when value is rapidly migrating across industries and between firms, proactively substituting key elements of the primary business model provides a better fit with the new value landscape than launching secondary business models in parallel. We suggest four underlying mechanisms that link business model innovation, value migration and subsequent outcomes. Unpacking business model innovation allows us to discuss contingencies for the main business model strategies, specifically in terms of limitations to - and opportunities of - changing the primary business model and the practice of parallel business models. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/22179 |
| Fulltext version: | Published version |
| License (according to publishing contract): | CC BY 4.0: Attribution 4.0 International |
| Departement: | School of Management and Law |
| Appears in collections: | Publikationen School of Management and Law |
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| 2018_Hacklin-etal_Strategies-for-business-model-innovation.pdf | 662.55 kB | Adobe PDF |  View/Open |
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Hacklin, F., Björkdahl, J., & Wallin, M. W. (2018). Strategies for business model innovation : how firms reel in migrating value. Long Range Planning, 51(1), 82–110. https://doi.org/10.1016/j.lrp.2017.06.009
Hacklin, F., Björkdahl, J. and Wallin, M.W. (2018) ‘Strategies for business model innovation : how firms reel in migrating value’, Long Range Planning, 51(1), pp. 82–110. Available at: https://doi.org/10.1016/j.lrp.2017.06.009.
F. Hacklin, J. Björkdahl, and M. W. Wallin, “Strategies for business model innovation : how firms reel in migrating value,” Long Range Planning, vol. 51, no. 1, pp. 82–110, 2018, doi: 10.1016/j.lrp.2017.06.009.
HACKLIN, Fredrik, Joakim BJÖRKDAHL und Martin W. WALLIN, 2018. Strategies for business model innovation : how firms reel in migrating value. Long Range Planning. 2018. Bd. 51, Nr. 1, S. 82–110. DOI 10.1016/j.lrp.2017.06.009
Hacklin, Fredrik, Joakim Björkdahl, and Martin W. Wallin. 2018. “Strategies for Business Model Innovation : How Firms Reel in Migrating Value.” Long Range Planning 51 (1): 82–110. https://doi.org/10.1016/j.lrp.2017.06.009.
Hacklin, Fredrik, et al. “Strategies for Business Model Innovation : How Firms Reel in Migrating Value.” Long Range Planning, vol. 51, no. 1, 2018, pp. 82–110, https://doi.org/10.1016/j.lrp.2017.06.009.
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