Explorative Versus Exploitative Business Model Change: The Cognitive Antecedents of Firm-Level Responses to Disruptive Innovation

Autor:	Oleksiy Osiyevskyy, Jim Dewald
Rok vydání:	2015
Předmět:	Typology Economics and Econometrics Strategy and Management media_common.quotation_subject Cognition Business model Test (assessment) Negatively associated Perception Disruptive innovation Strategic management Business Business and International Management Marketing media_common
Zdroj:	Strategic Entrepreneurship Journal. 9:58-78
ISSN:	1932-4391
DOI:	10.1002/sej.1192
Popis:	We develop a typology of incumbent adaptations to emerging disruptive business model innovations, based on two generic strategies: (1) explorative adoption of a disruptive business model; and (2) exploitative strengthening of the existing business model. We derive and test hypotheses concerning the cognitive antecedents of managerial intentions to embrace each of the two adaptation strategies. The results from our study of the real estate brokerage industry show that the explorative intentions are driven by opportunity perception, perceived performance-reducing threat, and risk experience. Exploitative intentions are negatively associated with perceived critical threat and industry tenure and positively associated with risk experience. We contribute to the literature on disruptive business models by combining prior research into a definable framework and by testing the cognitive influences on strategic response. Copyright © 2015 Strategic Management Society.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::4656e85dc9ad87b2f234bcc06194a6be https://doi.org/10.1002/sej.1192 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
Nepřihlášeným uživatelům se plný text nezobrazuje	K zobrazení výsledku je třeba se přihlásit.