The interplay of technological innovation and business model innovation toward company performance
This study aims to clarify the relation between technological innovation and business model innovation and their shared impact on the business success of medium and large enterprises. Drawing on the Resource-Based View, this paper offers a comprehensive research model that analyses the relationships...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Split, Faculty of Economics
2019-01-01
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Series: | Management : Journal of Contemporary Management Issues |
Subjects: | |
Online Access: | https://hrcak.srce.hr/file/333840 |
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author | Selma Smajlović Bahrija Umihanic Lejla Turulja |
author_facet | Selma Smajlović Bahrija Umihanic Lejla Turulja |
author_sort | Selma Smajlović |
collection | DOAJ |
description | This study aims to clarify the relation between technological innovation and business model innovation and their shared impact on the business success of medium and large enterprises. Drawing on the Resource-Based View, this paper offers a comprehensive research model that analyses the relationships between technological innovation and business model innovations and their impact on business success. Structural Equation Modelling is utilized for the analysis of a dataset collected in a Southeast European developing country among medium and large enterprises. The results show that technological innovation has a positive influence on business model innovation and that business model innovation positively impacts the success of a business. Finally, the results confirm the mediating role of business model innovation between technological innovation and company business success. This research adds to the existing literature by empirically investigating the relationship between technological innovation, business model innovation, and company success identifying an antecedent role in the relationship between technological innovation and business model innovation. |
first_indexed | 2024-04-24T09:22:00Z |
format | Article |
id | doaj.art-f1af05af9a2b413d894ee81c580195df |
institution | Directory Open Access Journal |
issn | 1331-0194 1846-3363 |
language | English |
last_indexed | 2024-04-24T09:22:00Z |
publishDate | 2019-01-01 |
publisher | University of Split, Faculty of Economics |
record_format | Article |
series | Management : Journal of Contemporary Management Issues |
spelling | doaj.art-f1af05af9a2b413d894ee81c580195df2024-04-15T15:55:15ZengUniversity of Split, Faculty of EconomicsManagement : Journal of Contemporary Management Issues1331-01941846-33632019-01-01242637910.30924/mjcmi.24.2.5The interplay of technological innovation and business model innovation toward company performanceSelma Smajlović0Bahrija Umihanic1Lejla Turulja2University of Tuzla, Faculty of Economics, Bosnia and HerzegovinaUniversity of Tuzla, Faculty of Economics, Bosnia and HerzegovinaUniversity of Sarajevo, School of Economics and Business, Bosnia and HerzegovinaThis study aims to clarify the relation between technological innovation and business model innovation and their shared impact on the business success of medium and large enterprises. Drawing on the Resource-Based View, this paper offers a comprehensive research model that analyses the relationships between technological innovation and business model innovations and their impact on business success. Structural Equation Modelling is utilized for the analysis of a dataset collected in a Southeast European developing country among medium and large enterprises. The results show that technological innovation has a positive influence on business model innovation and that business model innovation positively impacts the success of a business. Finally, the results confirm the mediating role of business model innovation between technological innovation and company business success. This research adds to the existing literature by empirically investigating the relationship between technological innovation, business model innovation, and company success identifying an antecedent role in the relationship between technological innovation and business model innovation.https://hrcak.srce.hr/file/333840technological innovationbusiness model innovationcompany performancebusiness performanceRBVSEM |
spellingShingle | Selma Smajlović Bahrija Umihanic Lejla Turulja The interplay of technological innovation and business model innovation toward company performance Management : Journal of Contemporary Management Issues technological innovation business model innovation company performance business performance RBV SEM |
title | The interplay of technological innovation and business model innovation toward company performance |
title_full | The interplay of technological innovation and business model innovation toward company performance |
title_fullStr | The interplay of technological innovation and business model innovation toward company performance |
title_full_unstemmed | The interplay of technological innovation and business model innovation toward company performance |
title_short | The interplay of technological innovation and business model innovation toward company performance |
title_sort | interplay of technological innovation and business model innovation toward company performance |
topic | technological innovation business model innovation company performance business performance RBV SEM |
url | https://hrcak.srce.hr/file/333840 |
work_keys_str_mv | AT selmasmajlovic theinterplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance AT bahrijaumihanic theinterplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance AT lejlaturulja theinterplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance AT selmasmajlovic interplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance AT bahrijaumihanic interplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance AT lejlaturulja interplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance |