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Stakeholder ties, organizational learning, and business model innovation: A business ecosystem perspective

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  • Yi, Yaqun
  • Chen, Yu
  • Li, Dan

Abstract

Business model exists within business ecosystems, and stakeholders can exert a key influence on a firm's business model innovation. Drawing insights from the business ecosystem perspective and resource-based view, this study examines how ties with stakeholders can affect a focal firm's business model innovation and how the relationship is contingent upon the firm's learning types. Analyses of 210 Chinese firms reveal that the relationship between intra-industry stakeholder ties and business model innovation is inverted U-shaped, while extra-industry stakeholder ties have a positive effect on business model innovation. The relationships between both intra-industry and extra-industry stakeholder ties and business model innovation are weakened by exploitative learning but strengthened by exploratory learning. Theoretical and practical implications are discussed.

Suggested Citation

  • Yi, Yaqun & Chen, Yu & Li, Dan, 2022. "Stakeholder ties, organizational learning, and business model innovation: A business ecosystem perspective," Technovation, Elsevier, vol. 114(C).
    • Handle: RePEc:eee:techno:v:114:y:2022:i:c:s0166497221002261
    DOI: 10.1016/j.technovation.2021.102445
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