Business model innovation in small enterprises from developing countries during COVID-19 outbreak: exploring drivers and BMI outcomes

2021 ◽  
Vol 12 (4) ◽  
pp. 364
Author(s):  
Gabriel Martinez ◽  
Suresh Renukappa ◽  
Subashini Suresh
Author(s):  
Robin Singh

This research discusses the business model challenges faced by cag aggregator platform models in developing countries. Technology-based platforms have been disrupting traditional businesses and rewriting the rules of the game. Ola cabs has been instrumental in shaping the Indian platform business landscape in a big way. Using case methodology the author analyses the situation and business model to present the salient features of Ola’s model. However, this paper also puts the spotlight on the inherent challenges in this model and warns the need for continuous business model innovation and service quality.


2021 ◽  
Vol 7 (1) ◽  
pp. 88
Author(s):  
Olaleye Dotun Faloye ◽  
Owoeye Idowu

The critical role of business model innovation (BMI) in a firm's performance has earned increasing attention from scholars and management practitioners in recent years. However, empirical research on how BMI linked business performance is quite skimpy. This study examines the effect of BMI on micro and small enterprises (MSEs) and how entrepreneurship orientation (EO) mediates the relationship. A survey research design is used in this study. Data were obtained from 142 MSEs operating in Ondo State, Nigeria, purposively selected for this study. The results revealed that BMI (β = 0.630; ρ -0.01) had a positive and significant influence on the MSEs' performance. More so, this study found that EO (β = 0.716; ρ -0.01) is positively related to a firm's performance. This study finding revealed a positive and significant link between EO and BMI (β = 0.838; ρ = 0.000). Also, this study showed that EO mediates the relationship between BMI and a firm's performance (EO: β= 0.5740; BMI: β = 0.1281; ρ -0.05). Statistically, the study's findings also exhibited that out of the six constructs used to capture BMI, only two constructs, namely, market opportunities (β=0.193; ρ -0.01) and increment in revenue generation ((β=0.230; ρ -0.01), had positive and significant links with the firm's performance. This study concluded that MSEs in developing economies, especially in sub-Saharan African countries, should integrate BMI and EO activities into their operations to overcome the macerate performance that characterized the Covid 19 pandemic period.


Sign in / Sign up

Export Citation Format

Share Document