Entrepreneurial experimentation in business model dynamics: Current understanding and future opportunities

被引:16
作者
Sanasi, Silvia [1 ]
机构
[1] Free Univ Bozen Bolzano, Fac Econ & Management, Ctr Family Business Management, Univ Pl 1, I-39100 Bolzano, Italy
关键词
Entrepreneurial experimentation; Business model dynamics; Business model innovation; Validation; Scaling; Pivots; Lean startup; LEAN STARTUP; INNOVATION; MICROFOUNDATIONS; FIRMS; CAPABILITIES; EFFECTUATION; METHODOLOGY; STRATEGY; ART;
D O I
10.1007/s11365-023-00836-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
The concept of business model dynamics has been gaining momentum in the academic literature to refer to all the alterations in a firm's business model. This study taps into the shift from the traditional ontological view of business models as the static implementation of a firm's strategy, toward a phenomenological stance that portrays the business model as a unit of analysis for different phenomena related to it. Building on this emerging discourse, this review offers an interpretive lens on the role of entrepreneurial experimentation in business model dynamics, namely business model innovation, validation, scaling, and pivots. This study proposes a unified framework for understanding these phenomena, discusses the research gaps emerging from this perspective, and advances a set of open research avenues to inform future research. The study also taps into the recent managerial interest in methods involving experimentation, such as the Lean Startup method.
引用
收藏
页码:805 / 836
页数:32
相关论文
共 146 条
[1]   Dynamics of Business Models - Strategizing, Critical Capabilities and Activities for Sustained Value Creation [J].
Achtenhagen, Leona ;
Melin, Leif ;
Naldi, Lucia .
LONG RANGE PLANNING, 2013, 46 (06) :427-442
[2]   Enabling Entrepreneurial Choice [J].
Agrawal, Ajay ;
Gans, Joshua S. ;
Stern, Scott .
MANAGEMENT SCIENCE, 2021, 67 (09) :5510-5524
[3]   Adaptation or Persistence? Emergence and Revision of Organization Designs in New Ventures [J].
Alexy, Oliver ;
Poetz, Katharina ;
Puranam, Phanish ;
Reitzig, Markus .
ORGANIZATION SCIENCE, 2021, 32 (06) :1439-1472
[4]   Adaptation and performance in new businesses: Understanding the moderating effects of independence and industry [J].
Andries, Petra ;
Debackere, Koenraad .
SMALL BUSINESS ECONOMICS, 2007, 29 (1-2) :81-99
[5]   Simultaneous experimentation as a learning strategy: Business model development under uncertainty-Relevance in times of COVID-19 and beyond [J].
Andries, Petra ;
Debackere, Koenraad ;
Van Looy, Bart .
STRATEGIC ENTREPRENEURSHIP JOURNAL, 2020, 14 (04) :556-559
[6]   SIMULTANEOUS EXPERIMENTATION AS A LEARNING STRATEGY: BUSINESS MODEL DEVELOPMENT UNDER UNCERTAINTY [J].
Andries, Petra ;
Debackere, Koenraad ;
Van Looy, Bart .
STRATEGIC ENTREPRENEURSHIP JOURNAL, 2013, 7 (04) :288-310
[7]   Creating something from nothing: Resource construction through entrepreneurial bricolage [J].
Baker, T ;
Nelson, RE .
ADMINISTRATIVE SCIENCE QUARTERLY, 2005, 50 (03) :329-366
[8]   Pivoting or persevering with venture ideas: Recalibrating temporal commitments [J].
Berends, Hans ;
van Burg, Elco ;
Garud, Raghu .
JOURNAL OF BUSINESS VENTURING, 2021, 36 (04)
[9]   Learning while (re)configuring: Business model innovation processes in established firms [J].
Berends, Hans ;
Smits, Armand ;
Reymen, Isabelle ;
Podoynitsyna, Ksenia .
STRATEGIC ORGANIZATION, 2016, 14 (03) :181-219
[10]   OPPORTUNITIES AS ARTIFACTS AND ENTREPRENEURSHIP AS DESIGN [J].
Berglund, Henrik ;
Bousfiha, Marouane ;
Mansoori, Yashar .
ACADEMY OF MANAGEMENT REVIEW, 2020, 45 (04) :825-846