Peering in the Black Box? An Organizational Change Perspective on Business Model Novelty within the Entrepreneurial Orientation—Firm Performance Relationship

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2025-01-07

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5028

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Business model innovation and its importance has gained significant attention in recent years. Thus, it is essential to understand what drives business model innovation (BMI. Using organizational change perspective, our study adds to this stream of literature by identifying entrepreneurial orientation (EO) as a critical antecedent of business model innovation (BMI). We also explore the mediating role of BMI in EO-firm performance relationship highlighting the importance of BMI in linking new product-market entry behavior and firm performance. Based on data collected from 194 Indian small-to-medium enterprises (SMEs), we tested our hypothesis and found that the core dimensions of EO (i.e., proactiveness, innovativeness, and risk-taking) to influence BMI positively. Moreover, we also observe that BMI positively mediate EO-performance relationship, thereby explaining how and why EO influences firm performance. We discuss our findings and contribution to both theory and practice.

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Innovation and Entrepreneurship: Theory and Practice, business model innovation, entrepreneurial orientation, firm performance, organization change, smes

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10

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Proceedings of the 58th Hawaii International Conference on System Sciences

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Attribution-NonCommercial-NoDerivatives 4.0 International

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