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Business Model Innovation in Greece: Its Effect on Organizational Sustainability

Author

Listed:
  • Pavlos Kilintzis

    (University of Western Macedonia)

  • Elpida Samara

    (University of Western Macedonia)

  • Elias G. Carayannis

    (The George Washington University)

  • Yiannis Bakouros

    (University of Western Macedonia)

Abstract

The paper investigates business model innovation (BMI) and its effects on the organizational sustainability of a population of small- and medium-sized businesses with certain organizational characteristics. The research attempts to uncover how effectively BMI is applied, reveal its effects on organizational sustainability, and depict the latest BMI literature tendencies, as well as its elements, that may affect the organization. The applied methodology includes the usage of a structured questionnaire as the primary modeling tool, given to a number of businesses located in the Western Macedonia, Greece. Full statistical analysis is then applied, analyzing and correlating the research primary findings. Apart from presenting BMI latest literature trends, the research ulterior doubled goal is to display BMI effects on the businesses of a region that has been fully affected by a harsh financial crisis over the last decade.

Suggested Citation

  • Pavlos Kilintzis & Elpida Samara & Elias G. Carayannis & Yiannis Bakouros, 2020. "Business Model Innovation in Greece: Its Effect on Organizational Sustainability," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 949-967, September.
    • Handle: RePEc:spr:jknowl:v:11:y:2020:i:3:d:10.1007_s13132-019-0583-z
    DOI: 10.1007/s13132-019-0583-z
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    References listed on IDEAS

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    Cited by:

    1. Pavlos Kilintzis & Giorgos Avlogiaris & Elpida Samara & Yiannis Bakouros, 2023. "Technology Entrepreneurship: a Model for the European Case," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 879-904, June.
    2. Matthias Filser & Sascha Kraus & Matthias Breier & Ioanna Nenova & Kaisu Puumalainen, 2021. "Business model innovation: Identifying foundations and trajectories," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 891-907, February.
    3. Abdullah Tirgil & Derya Fındık, 2023. "How Does Awareness Toward the Industry 4.0 Applications Affect Firms' Financial and Innovation Performance?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1900-1922, June.
    4. Tariq Mahadeen & Kostas Galanakis & Elpida Samara & Pavlos Kilintzis, 2021. "Heuristics and Evidences Decision (HeED) Making: a Case Study in a Systemic Model for Transforming Decision Making from Heuristics-Based to Evidenced-Based," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1668-1693, December.

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