Managing the value appropriation dilemma in business model innovation

Managers and designers of innovative business models that are enabled by emerging technologies need to build legitimacy with ecosystem participants. Yet increasing legitimacy within the ecosystem raises competitors’ incentives to imitate the business model innovators, thereby adversely affecting the...

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Autores: Snihur, Y. (Yuliya)|||/items/dc92da77-a61b-424b-976c-56fe08f414c7, Zott, C. (Christoph)|||/items/64efc2c1-f983-41ab-9138-b69aa91146d8, Amit, R. (Raphael)|||/items/c0c4e6c2-3edc-47bf-bbba-bf4a7dd8e21a
Tipo de recurso: artículo
Fecha de publicación:2020
País:España
Institución:Consejo Superior de Investigaciones Científicas (CSIC)
Repositorio:Dadun. Depósito Académico Digital de la Universidad de Navarra
Idioma:inglés
OAI Identifier:oai:dadun.unav.edu:10171/117214
Acceso en línea:https://hdl.handle.net/10171/117214
Access Level:acceso abierto
Palabra clave:Business model innovation
Ecosystems
Emerging technology and innovation management
Institutional theory
Resource-based perspectives
Strategic design
Value appropriation
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spelling Managing the value appropriation dilemma in business model innovationSnihur, Y. (Yuliya)|||/items/dc92da77-a61b-424b-976c-56fe08f414c7Zott, C. (Christoph)|||/items/64efc2c1-f983-41ab-9138-b69aa91146d8Amit, R. (Raphael)|||/items/c0c4e6c2-3edc-47bf-bbba-bf4a7dd8e21aBusiness model innovationEcosystemsEmerging technology and innovation managementInstitutional theoryResource-based perspectivesStrategic designValue appropriationManagers and designers of innovative business models that are enabled by emerging technologies need to build legitimacy with ecosystem participants. Yet increasing legitimacy within the ecosystem raises competitors’ incentives to imitate the business model innovators, thereby adversely affecting the innovators’ ability to appropriate value. We refer to this trade-off as the appropriation dilemma. We draw on institutional and resource-based perspectives to develop propositions about mitigating the appropriation dilemma and provide illustrations with a range of cases. Our theory development contributes to the technology management and business model innovation literatures by delineating how business model innovators can create value for all stakeholders and at the same time appropriate value through strategic business model design, a task that is particularly salient in the context of emerging technologies. We also strengthen the theoretical foundations of business model innovation research by grounding propositions about the strategic design of business models in resource-based theory and institutional theory.Institute for operations research and management sciencesDadun. Depósito Académico Digital Universidad de Navarra20202020-12-0420202020-12-04journal articlehttp://purl.org/coar/resource_type/c_6501info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/10171/117214reponame:Dadun. Depósito Académico Digital de la Universidad de Navarrainstname:Consejo Superior de Investigaciones Científicas (CSIC)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:dadun.unav.edu:10171/1172142026-06-21T12:47:57Z
dc.title.none.fl_str_mv Managing the value appropriation dilemma in business model innovation
title Managing the value appropriation dilemma in business model innovation
spellingShingle Managing the value appropriation dilemma in business model innovation
Snihur, Y. (Yuliya)|||/items/dc92da77-a61b-424b-976c-56fe08f414c7
Business model innovation
Ecosystems
Emerging technology and innovation management
Institutional theory
Resource-based perspectives
Strategic design
Value appropriation
title_short Managing the value appropriation dilemma in business model innovation
title_full Managing the value appropriation dilemma in business model innovation
title_fullStr Managing the value appropriation dilemma in business model innovation
title_full_unstemmed Managing the value appropriation dilemma in business model innovation
title_sort Managing the value appropriation dilemma in business model innovation
dc.creator.none.fl_str_mv Snihur, Y. (Yuliya)|||/items/dc92da77-a61b-424b-976c-56fe08f414c7
Zott, C. (Christoph)|||/items/64efc2c1-f983-41ab-9138-b69aa91146d8
Amit, R. (Raphael)|||/items/c0c4e6c2-3edc-47bf-bbba-bf4a7dd8e21a
author Snihur, Y. (Yuliya)|||/items/dc92da77-a61b-424b-976c-56fe08f414c7
author_facet Snihur, Y. (Yuliya)|||/items/dc92da77-a61b-424b-976c-56fe08f414c7
Zott, C. (Christoph)|||/items/64efc2c1-f983-41ab-9138-b69aa91146d8
Amit, R. (Raphael)|||/items/c0c4e6c2-3edc-47bf-bbba-bf4a7dd8e21a
author_role author
author2 Zott, C. (Christoph)|||/items/64efc2c1-f983-41ab-9138-b69aa91146d8
Amit, R. (Raphael)|||/items/c0c4e6c2-3edc-47bf-bbba-bf4a7dd8e21a
author2_role author
author
dc.contributor.none.fl_str_mv Dadun. Depósito Académico Digital Universidad de Navarra
dc.subject.none.fl_str_mv Business model innovation
Ecosystems
Emerging technology and innovation management
Institutional theory
Resource-based perspectives
Strategic design
Value appropriation
topic Business model innovation
Ecosystems
Emerging technology and innovation management
Institutional theory
Resource-based perspectives
Strategic design
Value appropriation
description Managers and designers of innovative business models that are enabled by emerging technologies need to build legitimacy with ecosystem participants. Yet increasing legitimacy within the ecosystem raises competitors’ incentives to imitate the business model innovators, thereby adversely affecting the innovators’ ability to appropriate value. We refer to this trade-off as the appropriation dilemma. We draw on institutional and resource-based perspectives to develop propositions about mitigating the appropriation dilemma and provide illustrations with a range of cases. Our theory development contributes to the technology management and business model innovation literatures by delineating how business model innovators can create value for all stakeholders and at the same time appropriate value through strategic business model design, a task that is particularly salient in the context of emerging technologies. We also strengthen the theoretical foundations of business model innovation research by grounding propositions about the strategic design of business models in resource-based theory and institutional theory.
publishDate 2020
dc.date.none.fl_str_mv 2020
2020-12-04
2020
2020-12-04
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/10171/117214
url https://hdl.handle.net/10171/117214
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Institute for operations research and management sciences
publisher.none.fl_str_mv Institute for operations research and management sciences
dc.source.none.fl_str_mv reponame:Dadun. Depósito Académico Digital de la Universidad de Navarra
instname:Consejo Superior de Investigaciones Científicas (CSIC)
instname_str Consejo Superior de Investigaciones Científicas (CSIC)
reponame_str Dadun. Depósito Académico Digital de la Universidad de Navarra
collection Dadun. Depósito Académico Digital de la Universidad de Navarra
repository.name.fl_str_mv
repository.mail.fl_str_mv
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