Re-examining path dependence in the digital age: The evolution of connected car business models
| Autor: | Andre Hanelt, René Bohnsack, Hannes Kurtz |
|---|---|
| Přispěvatelé: | Veritati - Repositório Institucional da Universidade Católica Portuguesa |
| Rok vydání: | 2021 |
| Předmět: |
Process (engineering)
business.industry Strategy and Management 05 social sciences Automotive industry Management Science and Operations Research Business model Resource (project management) Path dependence Work (electrical) Management of Technology and Innovation 0502 economics and business Key (cryptography) Digital technologies Business Digital business models 050207 economics Business model evolution Archetype 050203 business & management Industrial organization |
| Zdroj: | Repositório Científico de Acesso Aberto de Portugal Repositório Científico de Acesso Aberto de Portugal (RCAAP) instacron:RCAAP |
| ISSN: | 0048-7333 |
| DOI: | 10.1016/j.respol.2021.104328 |
| Popis: | Proliferating digitalization affects the evolution of business models across contexts and challenges firms’ established innovation trajectories. Prior work on organizational path dependence suggests that firms experience decreasing option spaces over time and ultimately arrive at lock-in situations that prevent them from reacting to changing environmental conditions. Contemporary business practice, however, challenges these assumptions, as firms—even industrial-age incumbents—appear to be able to escape lock-ins and restore choices. One potential explanation for this could be the flexible nature of digital technologies that are increasingly integrated into business models during digitalization. To explore how and why this process affects organizational path dependence, we conducted a longitudinal multiple case study on connected car business models. We derive four business model archetypes adopted by different companies in the automotive industry and by new entrants, and we describe their evolution over time. We find that the growing integration of digital technologies into business models increases the number of possible pathways and can help to break path-dependent behavior. Based on our findings, we challenge and extend established knowledge on organizational path dependence with regard to key tenets, such as initial conditions and lock-ins, and provide a nuanced perspective on path dependence's resource- and cognition-based foundations. |
| Databáze: | OpenAIRE |
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