Strategic agility, exaptation, and business model innovation: the case of an sme

Name: Strategic agility, exaptation, and business model innovation: the case of an sme
Author: Albayraktaroğlu, Alptegin

İsim	Strategic agility, exaptation, and business model innovation: the case of an sme
Yazar	Albayraktaroğlu, Alptegin
Basım Tarihi:	2023
Basım Yeri	- IEEE
Konu	Business, Business model (BM) design, Business model innovation (BMI), Contingency management, Exaptation, Industries, Insurance, Sensitivity, Stakeholders, Strategic agility (SA), Technological innovation
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	0018-9391
Kayıt Numarası	9b859a43-48c2-46a0-b221-e1604417337d
Lokasyon	International Business and Trade
Tarih	2023
Örnek Metin	This study adopts a process view on business model innovation (BMI) to address multiple issues pertaining to theory and practice. First, BMI is challenging for most firms in part due to resource constraints that impose limitations on activities for opportunity identification and resource acquisition. To overcome these constraints, exaptation has recently been proposed by scholars as a way to innovate business models through the utilization of existing resources in new domains. However, research to date on exaptation in the context of BMI is limited with inadequate attention to the conditions that lead to exaptation. Second, in line with this research gap, scholars call for further process studies on BMI to explore the role of and the interdependencies among the antecedents in different contexts. To resolve these issues, this article investigates how strategic agility, an established organizational antecedent in the literature, leads to BMI through exaptation with a qualitative, in-depth, single-case study on an small to medium-sized enterprise (SME). The findings of this study are threefold. First, the BMI process in the case unfolds in line with the stages of exaptation proposed in the literature. Second, the relationship between the underlying elements of strategic agility (SA) and BMI is highly complex and at times reciprocal, with SA and BMI switching roles in the causal relationship along the process. Third, strategic sensitivity and resource fluidity, two of the three metacapabilities underlying SA, in combination trigger exaptation, which leads to BMI. Therefore, this study proposes strategic agility as an enabling capability for exaptation.
DOI	10.1109/TEM.2023.3271444

Kaynağa git Özyeğin Üniversitesi

Aramaya Dön

Özyeğin Üniversitesi

Kaynağa git

Strategic agility, exaptation, and business model innovation: the case of an sme

Yazar Albayraktaroğlu, Alptegin

Basım Tarihi 2023

Basım Yeri - IEEE

Konu Business, Business model (BM) design, Business model innovation (BMI), Contingency management, Exaptation, Industries, Insurance, Sensitivity, Stakeholders, Strategic agility (SA), Technological innovation

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 0018-9391

Kayıt Numarası 9b859a43-48c2-46a0-b221-e1604417337d

Lokasyon International Business and Trade

Tarih 2023

Örnek Metin This study adopts a process view on business model innovation (BMI) to address multiple issues pertaining to theory and practice. First, BMI is challenging for most firms in part due to resource constraints that impose limitations on activities for opportunity identification and resource acquisition. To overcome these constraints, exaptation has recently been proposed by scholars as a way to innovate business models through the utilization of existing resources in new domains. However, research to date on exaptation in the context of BMI is limited with inadequate attention to the conditions that lead to exaptation. Second, in line with this research gap, scholars call for further process studies on BMI to explore the role of and the interdependencies among the antecedents in different contexts. To resolve these issues, this article investigates how strategic agility, an established organizational antecedent in the literature, leads to BMI through exaptation with a qualitative, in-depth, single-case study on an small to medium-sized enterprise (SME). The findings of this study are threefold. First, the BMI process in the case unfolds in line with the stages of exaptation proposed in the literature. Second, the relationship between the underlying elements of strategic agility (SA) and BMI is highly complex and at times reciprocal, with SA and BMI switching roles in the causal relationship along the process. Third, strategic sensitivity and resource fluidity, two of the three metacapabilities underlying SA, in combination trigger exaptation, which leads to BMI. Therefore, this study proposes strategic agility as an enabling capability for exaptation.

DOI 10.1109/TEM.2023.3271444