A3 Refereed book chapter or chapter in a compilation book

Crafting SME Business Model for International Expansion with Data-Driven Services




AuthorsEriksson Taina, Heikkilä Marikka, Nummela Niina

EditorsNielsen Christian, Marinova Svetla T., Marinov Marin A.

Edition1st Edition

Publishing placeNew York

Publication year2022

Book title Business Models and Firm Internationalisation

eISBN978-1-003-20426-8

DOIhttps://doi.org/10.4324/9781003204268-8

Web address https://www.taylorfrancis.com/chapters/edit/10.4324/9781003204268-8/crafting-sme-business-model-international-expansion-data-driven-services-taina-eriksson-marikka-heikkil%C3%A4-niina-nummela?context=ubx&refId=45181cea-458c-4198-a7d8-6f9157ce7a98

Self-archived copy’s web addresshttps://research.utu.fi/converis/portal/detail/Publication/68666404


Abstract

Contemporary world is increasingly data driven. Data that people produce, collect from others or buy from specialised suppliers concerning markets or customers. A growing number of companies – including small and medium-sized enterprises (SMEs) – are aware of the business opportunities that this development creates. The internationalisation process of a firm starts after an individual within the firm has recognised business opportunities in international markets. International opportunities – as well as any other entrepreneurial opportunities – emerge in an iterative process of shaping and development during which the initial ideas are elaborated, refined, changed, or rejected. The selection of cases is a crucial decision in the research process and should therefore be made after careful consideration and a critical evaluation of all alternatives. The interview data were enriched with internal firm documents related concerning the design of the business model for data-driven services, comprising business model canvas drafts and plans for change.


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Last updated on 2024-26-11 at 21:38