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Factors influencing business model innovation of Chinese SMEs: A conceptual study

Purpose: The main objective of this paper is to study the key factors affecting the implementation of BMI in China. Design/methodology/approach: This study is based solely on secondary sources, examples including academic papers, journal articles, books, and websites, to further investigate the conc...

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Main Authors: Li Haibo, Noor Fzlinda Fabeil
Format: Article
Language:English
Published: Universal Publishers 2024
Subjects:
HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
HF5001-6182 Business
Online Access:https://eprints.ums.edu.my/id/eprint/42915/1/FULL%20TEXT1.pdf
https://eprints.ums.edu.my/id/eprint/42915/
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spelling my.ums.eprints.429152025-02-24T02:57:56Z https://eprints.ums.edu.my/id/eprint/42915/ Factors influencing business model innovation of Chinese SMEs: A conceptual study Li Haibo Noor Fzlinda Fabeil HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades HF5001-6182 Business Purpose: The main objective of this paper is to study the key factors affecting the implementation of BMI in China. Design/methodology/approach: This study is based solely on secondary sources, examples including academic papers, journal articles, books, and websites, to further investigate the concept. Findings: Key factors influencing BMI among Chinese SMEs include relational resources, digital technology and the long tail, the study found. Research implications: The conclusions of this study combine the specific circumstances of the current external environment of Chinese SMEs and make innovative and complementary contributions to the conceptual research on the factors influencing BMI. Practical implications: Changes in the external environment make it extremely difficult for SMEs to successfully implement BMI. To improve the success rate of BMI, SMEs must first clearly understand the factors influencing BMI, and then take targeted actions. Originality/value: This paper presents a new conceptual study in the context of reality, explaining three key influences that affect business model innovation in Chinese SMEs, namely relational resources, digital technology and the long tail. It also proposes to measure BMI in terms of the dimensions of the five major activities of a business model, with a total of 18 relevant hypotheses. Universal Publishers 2024 Article NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/42915/1/FULL%20TEXT1.pdf Li Haibo and Noor Fzlinda Fabeil (2024) Factors influencing business model innovation of Chinese SMEs: A conceptual study. Global Business and Management Research: An International Journal, 16 (4s). pp. 589-604. ISSN 1947-5667
institution Universiti Malaysia Sabah
building UMS Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sabah
content_source UMS Institutional Repository
url_provider http://eprints.ums.edu.my/
language English
topic HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
HF5001-6182 Business
spellingShingle HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
HF5001-6182 Business
Li Haibo
Noor Fzlinda Fabeil
Factors influencing business model innovation of Chinese SMEs: A conceptual study
description Purpose: The main objective of this paper is to study the key factors affecting the implementation of BMI in China. Design/methodology/approach: This study is based solely on secondary sources, examples including academic papers, journal articles, books, and websites, to further investigate the concept. Findings: Key factors influencing BMI among Chinese SMEs include relational resources, digital technology and the long tail, the study found. Research implications: The conclusions of this study combine the specific circumstances of the current external environment of Chinese SMEs and make innovative and complementary contributions to the conceptual research on the factors influencing BMI. Practical implications: Changes in the external environment make it extremely difficult for SMEs to successfully implement BMI. To improve the success rate of BMI, SMEs must first clearly understand the factors influencing BMI, and then take targeted actions. Originality/value: This paper presents a new conceptual study in the context of reality, explaining three key influences that affect business model innovation in Chinese SMEs, namely relational resources, digital technology and the long tail. It also proposes to measure BMI in terms of the dimensions of the five major activities of a business model, with a total of 18 relevant hypotheses.
format Article
author Li Haibo
Noor Fzlinda Fabeil
author_facet Li Haibo
Noor Fzlinda Fabeil
author_sort Li Haibo
title Factors influencing business model innovation of Chinese SMEs: A conceptual study
title_short Factors influencing business model innovation of Chinese SMEs: A conceptual study
title_full Factors influencing business model innovation of Chinese SMEs: A conceptual study
title_fullStr Factors influencing business model innovation of Chinese SMEs: A conceptual study
title_full_unstemmed Factors influencing business model innovation of Chinese SMEs: A conceptual study
title_sort factors influencing business model innovation of chinese smes: a conceptual study
publisher Universal Publishers
publishDate 2024
url https://eprints.ums.edu.my/id/eprint/42915/1/FULL%20TEXT1.pdf
https://eprints.ums.edu.my/id/eprint/42915/
_version_ 1825161837282328576
score 13.239859

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