A1 Refereed original research article in a scientific journal

Business model innovation for resilient international growth




AuthorsEriksson Taina, Heikkilä Marikka, Nummela Niina

PublisherTaylor & Francis (Commercial Publisher)

Publication year2022

JournalSmall Enterprise Research

Journal name in sourceSmall Enterprise Research

eISSN1175-0979

DOIhttps://doi.org/10.1080/13215906.2022.2092890

Web address https://doi.org/10.1080/13215906.2022.2092890

Self-archived copy’s web addresshttps://research.utu.fi/converis/portal/detail/Publication/175755299


Abstract

Our knowledge concerning the link between internationalization and business model innovation remains limited. This study investigates the change in small and medium-sized enterprises (SMEs) searching for organizational resilience. It particularly focuses on discovering how SMEs innovate their business models when seeking organisational resilience through international growth. In order to answer this research question, we conducted a multiple-case study of three Finnish SMEs. The critical sources of resilience were digitalization, strategic collaboration, customer intimacy, agile use of resources/expertise, and an improved revenue model. For all the case firms, significant business model innovation was required for resilient international growth. Based on the study findings, a new concept is proposed for future research: SME international resilience.


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Last updated on 2024-26-11 at 20:10