Digital transformation and firm performance in innovative SMEs: The mediating role of business model innovation

被引:32
作者
Merin-Rodriganez, Joan [1 ]
Dasi, Angels [1 ]
Alegre, Joaquin [1 ]
机构
[1] Univ Valencia Spain, Dept Business Management, Avd Naranjos S-N, Valencia 46022, Spain
关键词
Digital transformation; Business model innovation; Firm performance; Innovative SMEs; DYNAMIC CAPABILITIES; VALUE CREATION; KNOWLEDGE; ENTREPRENEURSHIP; SERVITIZATION; PERSPECTIVE; MANAGEMENT;
D O I
10.1016/j.technovation.2024.103027
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This study investigates the consequences of digital transformation (DT) over performance in the case of innovative Small and Medium-sized Enterprises (SMEs). SMEs represent a heterogeneous kind of company in terms of capabilities. By focusing on their innovative character as a boundary condition, we increase our understanding of this relationship. We further research the mediating role of business model innovation (BMI) in the relationship between DT and performance. A sample of 434 innovative Spanish SMEs is used to test the research model through Partial Least Squares Structural Equation Modelling (PLS-SEM). We find that BMI partially mediates the positive relationship between DT and performance. This finding extends our understanding of BMI as an alignment tool and a blueprint for innovative SMEs channeling their investments in DT towards the improvement of performance. Finally, we put forward managerial implications and propose future avenues of research.
引用
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页数:12
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