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...

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Main Authors: Selma Smajlović, Bahrija Umihanic, Lejla Turulja
Format: Article
Language:English
Published: University of Split, Faculty of Economics 2019-01-01
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.
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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
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AT lejlaturulja theinterplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance
AT selmasmajlovic interplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance
AT bahrijaumihanic interplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance
AT lejlaturulja interplayoftechnologicalinnovationandbusinessmodelinnovationtowardcompanyperformance