Business Model Innovation and Financial Performance: An Institutional Perspective

Publikation: Beitrag in Buch/Bericht/Sammelwerk/KonferenzbandAufsatz in KonferenzbandForschungPeer-Review

Autoren

  • Eduard Esau
  • Christopher Jung
  • Thomas Schäper
  • Erk P. Piening
  • J. Nils Foege

Externe Organisationen

  • Westfälische Wilhelms-Universität Münster (WWU)
Forschungs-netzwerk anzeigen

Details

OriginalspracheEnglisch
Titel des Sammelwerks42nd International Conference on Information Systems, ICIS 2021 TREOs
Untertitel"Building Sustainability and Resilience with IS: A Call for Action"
Herausgeber (Verlag)Association for Information Systems
ISBN (elektronisch)9781713893608
PublikationsstatusVeröffentlicht - 12 Dez. 2021
Veranstaltung42nd International Conference on Information Systems, ICIS 2021, Building Sustainability and Resilience with IS: A Call for Action - Austin, USA / Vereinigte Staaten
Dauer: 12 Dez. 202115 Dez. 2021

Publikationsreihe

Name42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action"

Abstract

This study seeks to provide new insights into the performance effects of firms’ business model innovation (BMI) activities. Adopting an institutional perspective, we hypothesize that there is an S-shaped relationship between a firm’s BMI intensity and financial performance, which is contingent on industry factors, particularly the average industry BMI intensity and industry growth. To test our hypotheses, we use 10-K annual reports from 6,678 publicly listed U.S. firms between 1994 and 2018, based on which we create a novel text-based measure of BMI intensity, as well as archival data. Our results support our prediction that the BMI-performance relationship is S-shaped. We further find that the average industry BMI intensity positively, and industry growth negatively moderates this S-Shaped relationship. Overall, our study contributes to a better understanding of the BMI-performance relationship and helps to reconcile competing perspectives (i.e., conformity vs. differentiation) on how far engaging in BMI activities.

ASJC Scopus Sachgebiete

Zitieren

Business Model Innovation and Financial Performance: An Institutional Perspective. / Esau, Eduard; Jung, Christopher; Schäper, Thomas et al.
42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action". Association for Information Systems, 2021. (42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action").

Publikation: Beitrag in Buch/Bericht/Sammelwerk/KonferenzbandAufsatz in KonferenzbandForschungPeer-Review

Esau, E, Jung, C, Schäper, T, Piening, EP & Foege, JN 2021, Business Model Innovation and Financial Performance: An Institutional Perspective. in 42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action". 42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action", Association for Information Systems, 42nd International Conference on Information Systems, ICIS 2021, Building Sustainability and Resilience with IS: A Call for Action, Austin, Texas, USA / Vereinigte Staaten, 12 Dez. 2021.
Esau, E., Jung, C., Schäper, T., Piening, E. P., & Foege, J. N. (2021). Business Model Innovation and Financial Performance: An Institutional Perspective. In 42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action" (42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action"). Association for Information Systems.
Esau E, Jung C, Schäper T, Piening EP, Foege JN. Business Model Innovation and Financial Performance: An Institutional Perspective. in 42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action". Association for Information Systems. 2021. (42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action").
Esau, Eduard ; Jung, Christopher ; Schäper, Thomas et al. / Business Model Innovation and Financial Performance : An Institutional Perspective. 42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action". Association for Information Systems, 2021. (42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action").
Download
@inproceedings{b2b7fb3a107546c0b3211c6c97de5708,
title = "Business Model Innovation and Financial Performance: An Institutional Perspective",
abstract = "This study seeks to provide new insights into the performance effects of firms{\textquoteright} business model innovation (BMI) activities. Adopting an institutional perspective, we hypothesize that there is an S-shaped relationship between a firm{\textquoteright}s BMI intensity and financial performance, which is contingent on industry factors, particularly the average industry BMI intensity and industry growth. To test our hypotheses, we use 10-K annual reports from 6,678 publicly listed U.S. firms between 1994 and 2018, based on which we create a novel text-based measure of BMI intensity, as well as archival data. Our results support our prediction that the BMI-performance relationship is S-shaped. We further find that the average industry BMI intensity positively, and industry growth negatively moderates this S-Shaped relationship. Overall, our study contributes to a better understanding of the BMI-performance relationship and helps to reconcile competing perspectives (i.e., conformity vs. differentiation) on how far engaging in BMI activities.",
keywords = "business model innovation, Business models, content analysis, institutional theory, performance, text analysis",
author = "Eduard Esau and Christopher Jung and Thomas Sch{\"a}per and Piening, {Erk P.} and Foege, {J. Nils}",
note = "Publisher Copyright: {\textcopyright} 2021 42nd International Conference on Information Systems, ICIS 2021 TREOs: {"}Building Sustainability and Resilience with IS: A Call for Action{"}. All Rights Reserved.; 42nd International Conference on Information Systems, ICIS 2021, Building Sustainability and Resilience with IS: A Call for Action ; Conference date: 12-12-2021 Through 15-12-2021",
year = "2021",
month = dec,
day = "12",
language = "English",
series = "42nd International Conference on Information Systems, ICIS 2021 TREOs: {"}Building Sustainability and Resilience with IS: A Call for Action{"}",
publisher = "Association for Information Systems",
booktitle = "42nd International Conference on Information Systems, ICIS 2021 TREOs",
address = "United States",

}

Download

TY - GEN

T1 - Business Model Innovation and Financial Performance

T2 - 42nd International Conference on Information Systems, ICIS 2021, Building Sustainability and Resilience with IS: A Call for Action

AU - Esau, Eduard

AU - Jung, Christopher

AU - Schäper, Thomas

AU - Piening, Erk P.

AU - Foege, J. Nils

N1 - Publisher Copyright: © 2021 42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action". All Rights Reserved.

PY - 2021/12/12

Y1 - 2021/12/12

N2 - This study seeks to provide new insights into the performance effects of firms’ business model innovation (BMI) activities. Adopting an institutional perspective, we hypothesize that there is an S-shaped relationship between a firm’s BMI intensity and financial performance, which is contingent on industry factors, particularly the average industry BMI intensity and industry growth. To test our hypotheses, we use 10-K annual reports from 6,678 publicly listed U.S. firms between 1994 and 2018, based on which we create a novel text-based measure of BMI intensity, as well as archival data. Our results support our prediction that the BMI-performance relationship is S-shaped. We further find that the average industry BMI intensity positively, and industry growth negatively moderates this S-Shaped relationship. Overall, our study contributes to a better understanding of the BMI-performance relationship and helps to reconcile competing perspectives (i.e., conformity vs. differentiation) on how far engaging in BMI activities.

AB - This study seeks to provide new insights into the performance effects of firms’ business model innovation (BMI) activities. Adopting an institutional perspective, we hypothesize that there is an S-shaped relationship between a firm’s BMI intensity and financial performance, which is contingent on industry factors, particularly the average industry BMI intensity and industry growth. To test our hypotheses, we use 10-K annual reports from 6,678 publicly listed U.S. firms between 1994 and 2018, based on which we create a novel text-based measure of BMI intensity, as well as archival data. Our results support our prediction that the BMI-performance relationship is S-shaped. We further find that the average industry BMI intensity positively, and industry growth negatively moderates this S-Shaped relationship. Overall, our study contributes to a better understanding of the BMI-performance relationship and helps to reconcile competing perspectives (i.e., conformity vs. differentiation) on how far engaging in BMI activities.

KW - business model innovation

KW - Business models

KW - content analysis

KW - institutional theory

KW - performance

KW - text analysis

UR - http://www.scopus.com/inward/record.url?scp=85184266951&partnerID=8YFLogxK

M3 - Conference contribution

AN - SCOPUS:85184266951

T3 - 42nd International Conference on Information Systems, ICIS 2021 TREOs: "Building Sustainability and Resilience with IS: A Call for Action"

BT - 42nd International Conference on Information Systems, ICIS 2021 TREOs

PB - Association for Information Systems

Y2 - 12 December 2021 through 15 December 2021

ER -