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The role of a business model in market growth: The difference between the converted industry and the emerging industry

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  • Yun, JinHyo Joseph
  • Won, DongKyu
  • Park, KyungBae
  • Jeong, EuiSeob
  • Zhao, Xiaofei

Abstract

This paper investigates the role of business models: What differences exist between the roles of an already-existing market-based converted industry and a newly appearing market-based emerging industry?

Suggested Citation

  • Yun, JinHyo Joseph & Won, DongKyu & Park, KyungBae & Jeong, EuiSeob & Zhao, Xiaofei, 2019. "The role of a business model in market growth: The difference between the converted industry and the emerging industry," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 534-562.
    • Handle: RePEc:eee:tefoso:v:146:y:2019:i:c:p:534-562
    DOI: 10.1016/j.techfore.2019.04.024
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    Cited by:

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    4. Saeed Nosratabadi & Gergo Pinter & Amir Mosavi & Sandor Semperger, 2020. "Sustainable Banking; Evaluation of the European Business Models," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    5. Seung Hoo Jin & Sang Ok Choi, 2019. "The Effect of Innovation Capability on Business Performance: A Focus on IT and Business Service Companies," Sustainability, MDPI, vol. 11(19), pages 1-15, September.
    6. Jang, Hyejin & Lee, Suyeong & Yoon, Byungun, 2023. "Data-driven techno-socio co-evolution analysis based on a topic model and a hidden Markov model," Technovation, Elsevier, vol. 126(C).
    7. Dell'Era, Claudio & Di Minin, Alberto & Ferrigno, Giulio & Frattini, Federico & Landoni, Paolo & Verganti, Roberto, 2020. "Value capture in open innovation processes with radical circles: A qualitative analysis of firms’ collaborations with Slow Food, Memphis, and Free Software Foundation," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    8. JinHyo Joseph Yun & Zheng Liu, 2019. "Micro- and Macro-Dynamics of Open Innovation with a Quadruple-Helix Model," Sustainability, MDPI, vol. 11(12), pages 1-17, June.
    9. Saeed Nosratabadi & Gergo Pinter & Amir Mosavi & Sandor Semperger, 2020. "Sustainable Banking; Evaluation of the European Business Models," Papers 2003.13423, arXiv.org.
    10. Zhang, Jingjing & Groen, Aard, 2021. "Informal and formal open activities: Innovation protection methods as antecedents and innovation outputs as consequences," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    11. Haefner, Naomi & Wincent, Joakim & Parida, Vinit & Gassmann, Oliver, 2021. "Artificial intelligence and innovation management: A review, framework, and research agenda✰," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    12. Li, Zhongshun & Xie, Weihong & Wang, Zhong & Wang, Yongjian & Huang, Danyu, 2023. "Antecedent configurations and performance of business models of intelligent manufacturing enterprises," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    13. Munten, Pauline & Vanhamme, Joëlle & Maon, François & Swaen, Valérie & Lindgreen, Adam, 2021. "Addressing tensions in coopetition for sustainable innovation: Insights from the automotive industry," Journal of Business Research, Elsevier, vol. 136(C), pages 10-20.
    14. Huang, Youlin & Qian, Lixian & Soopramanien, Didier & Tyfield, David, 2021. "Buy, lease, or share? Consumer preferences for innovative business models in the market for electric vehicles," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    15. Luis Manuel Cerdá-Suárez & Juan Felipe Espinosa-Cristia & Karen Núñez-Valdés & Gerson Núñez-Valdés, 2023. "Detecting Circular Economy Strategies in the Fourth Sector: Overview of the Chilean Construction Sector as Evidence of a Sustainable Business Model," Sustainability, MDPI, vol. 15(11), pages 1-23, May.
    16. Jinhyo Joseph Yun & Zheng Liu & Euiseob Jeong & Sangwoo Kim & Kyunghun Kim, 2022. "The Difference in Open Innovation between Open Access and Closed Access, According to the Change of Collective Intelligence and Knowledge Amount," Sustainability, MDPI, vol. 14(5), pages 1-19, February.

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