Understanding business model change in international entrepreneurial firms
Asemokha, Agnes (2021-11-26)
Väitöskirja
Asemokha, Agnes
26.11.2021
Lappeenranta-Lahti University of Technology LUT
Acta Universitatis Lappeenrantaensis
School of Business and Management
School of Business and Management, Kauppatieteet
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Julkaisun pysyvä osoite on
https://urn.fi/URN:ISBN:978-952-335-756-3
https://urn.fi/URN:ISBN:978-952-335-756-3
Tiivistelmä
Business models (BMs) underpin an organization’s core activities and are fundamental drivers in creating and capturing value across a firm’s value chain. BMs have attracted significant attention from research and practice because they foster innovation, facilitate competitive edge, accelerate adaptation to internationalization, and improve performance. Despite the contemporary relevance of BMs in the literature, it remains heterogeneous, lacking in definitional and construct clarity. BMs have been explored from various perspectives. In this study, BM is examined in relation to the operationalization of change. Specifically, the way BM changes are manifest in the internationalization of entrepreneurial firms. International entrepreneurship (IE) as a research perspective provides explanations that elucidate how firms excel in their pursuits across borders. Thus, gleaning that the integration of BM and IE is promising, both research perspectives are utilized in this study.
The dissertation addresses the role of BM change in international entrepreneurial firms. The study uses a mixed methodological design by combining the strengths of lived experiences, contextual accounts of international entrepreneurs (qualitative inquiry), and statistical relationships (quantitative inquiry) to generate empirical findings on BM change in the internationalization journey of firms. The study utilizes theoretical perspectives rooted in IE and partly in the strategic management literature to examine the research inquiry. BM thinking is deployed to gain a holistic understanding on the iterations of BM value dimensions and extrapolate how firms navigate internal and external international environments using their BM.
The study unravels new insights on the manifestation of BM change and how firms can take advantage of the flexibility of BM change in conjunction with external and internal stimuli to be competitive and profitable as they internationalize. It contributes by establishing BMs as instruments of change and boundary objects in the internationalization activities of firms. The study also proposes that BM change could be adopted as an independent and base construct to observe and detect peculiar BM changes in firms. The study reveals that BM change and IE perspectives are vital in understanding entrepreneurial activities and determining their internationalization success and performance. The study contributes to BM and IE research by underscoring the importance of context as an avenue to seek useful information, provide meaning and deepen empirical discussions —about how entrepreneurs' experiences in their internationalization journeys evolve. The dissertation offers valuable recommendations to managers on how to take advantage of BM change as they internationalize.
The dissertation addresses the role of BM change in international entrepreneurial firms. The study uses a mixed methodological design by combining the strengths of lived experiences, contextual accounts of international entrepreneurs (qualitative inquiry), and statistical relationships (quantitative inquiry) to generate empirical findings on BM change in the internationalization journey of firms. The study utilizes theoretical perspectives rooted in IE and partly in the strategic management literature to examine the research inquiry. BM thinking is deployed to gain a holistic understanding on the iterations of BM value dimensions and extrapolate how firms navigate internal and external international environments using their BM.
The study unravels new insights on the manifestation of BM change and how firms can take advantage of the flexibility of BM change in conjunction with external and internal stimuli to be competitive and profitable as they internationalize. It contributes by establishing BMs as instruments of change and boundary objects in the internationalization activities of firms. The study also proposes that BM change could be adopted as an independent and base construct to observe and detect peculiar BM changes in firms. The study reveals that BM change and IE perspectives are vital in understanding entrepreneurial activities and determining their internationalization success and performance. The study contributes to BM and IE research by underscoring the importance of context as an avenue to seek useful information, provide meaning and deepen empirical discussions —about how entrepreneurs' experiences in their internationalization journeys evolve. The dissertation offers valuable recommendations to managers on how to take advantage of BM change as they internationalize.
Kokoelmat
- Väitöskirjat [1036]