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- Title
Business model innovation: The effects of exploratory orientation, opportunity recognition, and entrepreneurial bricolage in an emerging economy.
- Authors
Guo, Hai; Su, Zhongfeng; Ahlstrom, David
- Abstract
Business model innovation takes shape through a process of experimentation. This study holds that exploratory orientation is a key initiating factor of the experimentation process, and opportunity recognition and entrepreneurial bricolage both are actions constituting this process and thereby serve as conduits between exploratory orientation and business model innovation. Based on a survey data of Chinese firms, this study finds the positive relationship between exploratory orientation and business model innovation is mediated by opportunity recognition and entrepreneurial bricolage. The findings not only enrich the discipline's knowledge on the antecedents of business model innovation but also extend the implications of exploratory orientation, opportunity recognition, and entrepreneurial bricolage to business model innovation.
- Subjects
CHINA; BUSINESS models; ENTREPRENEURSHIP; BUSINESS enterprises; INNOVATIONS in business; OPPORTUNITY; JOB vacancies
- Publication
Asia Pacific Journal of Management, 2016, Vol 33, Issue 2, p533
- ISSN
0217-4561
- Publication type
Article
- DOI
10.1007/s10490-015-9428-x