Details
| Original language | English |
|---|---|
| Title of host publication | 42nd International Conference on Information Systems, ICIS 2021 TREOs |
| Subtitle of host publication | "Building Sustainability and Resilience with IS: A Call for Action" |
| Publisher | Association for Information Systems |
| ISBN (electronic) | 9781713893608 |
| Publication status | Published - 12 Dec 2021 |
| Event | 42nd International Conference on Information Systems, ICIS 2021, Building Sustainability and Resilience with IS: A Call for Action - Austin, United States Duration: 12 Dec 2021 → 15 Dec 2021 |
Publication series
| Name | 42nd 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.
Keywords
- business model innovation, Business models, content analysis, institutional theory, performance, text analysis
ASJC Scopus subject areas
- Computer Science(all)
- Computer Science Applications
- Computer Science(all)
- Information Systems
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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").
Research output: Chapter in book/report/conference proceeding › Conference contribution › Research › peer review
}
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 -