Customers’ Perception of Business Model Innovation in Social Enterprises in Mexico

Social enterprises need to identify an innovative and differentiated business model to more efficiently meet the needs of their clients and survive in the long term. However, research on customer perception of this innovation is scant. Therefore, the objective of this research was to explore the eff...

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Main Authors: Judith Cavazos-Arroyo, Rogelio Puente-Díaz
Format: Article
Language:English
Published: Universidad Alberto Hurtado 2021-08-01
Series:Journal of Technology Management & Innovation
Subjects:
Online Access:https://www.jotmi.org/index.php/GT/article/view/3768
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author Judith Cavazos-Arroyo
Rogelio Puente-Díaz
author_facet Judith Cavazos-Arroyo
Rogelio Puente-Díaz
author_sort Judith Cavazos-Arroyo
collection DOAJ
description Social enterprises need to identify an innovative and differentiated business model to more efficiently meet the needs of their clients and survive in the long term. However, research on customer perception of this innovation is scant. Therefore, the objective of this research was to explore the effect of socially responsible consumption on the business model innovation perceived by clients of social enterprises in the service sector and its effect on satisfaction and loyalty. A quantitative cross-sectional study was conducted with 400 customers of social enterprises in the services sector in Mexico. Results showed that socially responsible consumption had a positive influence of perceived business model innovation. Perceived business model innovation had a direct, positive influence on customer satisfaction and an indirect positive influence on loyalty. The implications of the results were discussed.
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spelling doaj.art-0394c7b0924742ad91cc2ac75faee2c32022-12-21T19:34:21ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242021-08-0116210.4067/S0718-27242021000200011Customers’ Perception of Business Model Innovation in Social Enterprises in MexicoJudith Cavazos-Arroyo0Rogelio Puente-Díaz1Department of Business and Economics sciences, Universidad Popular Autónoma del Estado de Puebla, Puebla, MexicoDepartment of Business and Economics, Universidad Anahuac Mexico Norte, Huixquilucan, Estado de Mexico, MexicoSocial enterprises need to identify an innovative and differentiated business model to more efficiently meet the needs of their clients and survive in the long term. However, research on customer perception of this innovation is scant. Therefore, the objective of this research was to explore the effect of socially responsible consumption on the business model innovation perceived by clients of social enterprises in the service sector and its effect on satisfaction and loyalty. A quantitative cross-sectional study was conducted with 400 customers of social enterprises in the services sector in Mexico. Results showed that socially responsible consumption had a positive influence of perceived business model innovation. Perceived business model innovation had a direct, positive influence on customer satisfaction and an indirect positive influence on loyalty. The implications of the results were discussed.https://www.jotmi.org/index.php/GT/article/view/3768Business model innovation;socially responsible consumption; social enterpriseconsumer
spellingShingle Judith Cavazos-Arroyo
Rogelio Puente-Díaz
Customers’ Perception of Business Model Innovation in Social Enterprises in Mexico
Journal of Technology Management & Innovation
Business model innovation;
socially responsible consumption
; social enterprise
consumer
title Customers’ Perception of Business Model Innovation in Social Enterprises in Mexico
title_full Customers’ Perception of Business Model Innovation in Social Enterprises in Mexico
title_fullStr Customers’ Perception of Business Model Innovation in Social Enterprises in Mexico
title_full_unstemmed Customers’ Perception of Business Model Innovation in Social Enterprises in Mexico
title_short Customers’ Perception of Business Model Innovation in Social Enterprises in Mexico
title_sort customers perception of business model innovation in social enterprises in mexico
topic Business model innovation;
socially responsible consumption
; social enterprise
consumer
url https://www.jotmi.org/index.php/GT/article/view/3768
work_keys_str_mv AT judithcavazosarroyo customersperceptionofbusinessmodelinnovationinsocialenterprisesinmexico
AT rogeliopuentediaz customersperceptionofbusinessmodelinnovationinsocialenterprisesinmexico