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Knowledge Management Capabilities and the Role of Risk Taking for Business Model Innovation

Wirtschaft und Gesellschaft

When analyzing capabilities that enable business model innovation, the influence of knowledge and knowledge management has been rarely considered, despite the fact that a firm´s knowledge management capabilities of maintaining and leveraging knowledge have been referred to being a key resource for innovation. Further, the integration of a firm´s risk taking tolerance, moderating the effects of enablers on business model innovation, has been neglected. Therefore, this study analyses the impact a firm´s knowledge management infrastructure and process capabilities have on business model innovation and how the effects are moderated by a firm´s climate of risk taking. We empirically analyze a sample of 230 mid-sized companies and are able to find that a firm´s knowledge process capabilities of acquiring, converting and applying new knowledge out of external sources have a significant and positive effect on business model innovation. A firm´s ability to exploit existing internal knowledge through its knowledge infrastructure capabilities seem to be less relevant for business model innovation. We further find that for firms with a low risk-taking tolerance, knowledge infrastructure capabilities positively influence business model innovation. However, for firms with a high risk-taking tolerance, they have a negative impact on business model innovation.

Autor:

Hock-Döpgen, Marianne & Clauß, Thomas

Übersicht

Art des Beitrags:
Vortrag / Konferenzbeitrag / Konferenzpräsentation
Veröffentlicht in:
Conference: Academy of Management Annual Meeting 2017
Erschienen:
2017 , Atlanta, USA

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