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Business models and dynamic capabilities

Published Web Location

https://www.sciencedirect.com/science/article/pii/S0024630117302868
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Creative Commons 'BY-NC-ND' version 4.0 license
Abstract

Business models, dynamic capabilities, and strategy are interdependent. The strength of a firm's dynamic capabilities help shape its proficiency at business model design. Through its effect on organization design, a business model influences the firm's dynamic capabilities and places bounds on the feasibility of particular strategies. While these relationships are understood at a theoretical level, there is a need for future empirical work to flesh out the details. In particular, studies that provide a better understanding of business model innovation, implementation, and change will also shed light on important aspects of dynamic capabilities.

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