One goal, two paths: How managerial ties impact business model innovation in a transition economy
Journal of Organizational Change Management
ISSN: 0953-4814
Article publication date: 14 August 2017
Abstract
Purpose
The purpose of this paper is to address the following question: how managerial ties impact firm business model innovation (BMI) in the context of transition economies.
Design/methodology/approach
The authors present a conceptual model that links managerial ties, organizational learning (explorative and exploitative learning), opportunity recognition and BMI together.
Findings
This study finds that managerial ties take effect through two paths: one direct path and one indirect path. First, managerial ties can impact BMI directly through exploitative and explorative learning. Second, managerial ties can impact BMI indirectly through explorative learning and opportunity recognition.
Practical implications
First, firm managers from transition economies should learn to reinvent their business models by taking full advantage of managerial ties. Second, firm managers should take appropriate actions to transfer managerial ties into BMI.
Originality/value
This study contributes to existing literature in two major ways. First, this study enriches literature on the antecedents to BMI from a social network perspective. Second, this study opens the “black box” between managerial ties and BMI in the context of transition economies.
Keywords
Acknowledgements
This study is supported by the National Natural Science Foundation of China (71472185, 71232011).
Citation
Wang, D., Guo, H. and Liu, L. (2017), "One goal, two paths: How managerial ties impact business model innovation in a transition economy", Journal of Organizational Change Management, Vol. 30 No. 5, pp. 779-796. https://doi.org/10.1108/JOCM-09-2016-0178
Publisher
:Emerald Publishing Limited
Copyright © 2017, Emerald Publishing Limited