Due to recent requests to extend the submission deadline to the Management and Organization Review (MOR) special issue on 'Business Model Innovation in Transforming Economies', we have extended the submission deadline to Monday, April 16, 2018.
For additional information, please see the full call below.
Guest Editorial Team
Henk Volberda,Erasmus University ([log in to unmask])
Oli Mihalache, VU University Amsterdam ([log in to unmask])
Arie Y. Lewin, Duke University ([log in to unmask])
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Call for Papers
Management and Organization Review
Special Issue ‘Business Model Innovation in Transforming Economies’
Henk Volberda,1 Oli Mihalache,2 Arie Y. Lewin3
3Duke University ([log in to unmask])
*Extended Submission Deadline: April 16, 2018*
Special Issue Theme Background
Transforming economies such as the BRIC countries – ex-Soviet republics, or Eastern European countries – share national aspirations of becoming innovation economies. These aspirations have stimulated a push for entrepreneurship and experimentation with new ways of doing things. This has created a fascinating context for research on business model innovation, relating to the way incumbent firms adapt their business models or come up with entirely new models. Similarly, new business models may be originated by start-up companies that often are challenging and leapfrogging the ‘tired’ old business models or simply invent new ones. However, research that specifically explores indigenous business model innovation in the context of these transforming economies is still in its early stages. The MOR special issue on ‘Business Model Innovation in Transforming Economies’ aims to address this gap by soliciting research uncovering successful new business models that is indigenous to these economies, as they transition to becoming innovation economies themselves and contribute to strategy and management theory development.
A business model is a holistic concept that ‘explains’ how firms create and capture value, (e.g., Volberda, Van Den Bosch, & Heij, 2017). Business model innovation emerging in such transforming economies provides opportunities for new organizations to challenge incumbent firms who often find it hard to respond to new ways of doing business. Despite growing interest in research on business models over the past decade (cf. Foss & Saebi, 2017; Zott, Amit, & Massa, 2011), research on business model innovation by firms in transforming economies is only beginning to attract growing interest.
This MOR special issue seeks to attract research on indigenous business model innovation especially in the transforming economies of Russia, Ex-Soviet Republics, and Eastern Europe. While research already recognizes that the characteristics of transforming economies require firms to use different business models to those found in established economies, much remains to expand the range and deepen understanding of new indigenous business model applications and demonstrate new ways in which startups and incumbent organizations cope with the universal limitations of bounded rationality, and how and why the new business models are successful in the context of these transforming economies (i.e., history, institutional configurations, cultural philosophical roots, and specific aspects such as the role of trust.).
Another important area for research is the development process for new business models in transforming economies. Of course firm-level factors such as leadership, extreme philosophical beliefs, (e.g., Haier is the Sea, 2016; Lewin et al., 2017) and organizational culture (e.g., Morris, Schindehutte, & Allen, 2005) can and do account for business model innovation. However, a much more nuanced understanding is needed of various influences at different levels of analysis, and the possible interplay between them. As transforming economies climb up the added value chain the institutional and technological contexts are transitioning and it is especially important to elucidate the co-evolution firms’ business models innovation and national competitiveness. For instance, the growth and maturity of the Internet and advances in virtual software applications such as Block Chain applications (Lansit & Lakani, 2017) have given rise to new business models, new apps based services, and new ways of organizing work. Apps such as Alipay, created by Alibaba in China, has revolutionized online retailing and all types of transactions that are stymied by the absence of trust between parties to a transaction. Similarly cloud applications and the Gig economy are changing how companies organize work and where it is executed and by whom (e.g., Kaganer, Carmel, Hirschheim, & Olsen, 2013; Malone, Laubacher, & Scot Morton, 2003).
More work is also needed to determine how business model innovation affects the competitiveness of firms from transforming economies (e.g., the emergence of Huawei as the global leader in telecommunication networks and the decline of incumbents such as Lucent and Erickson). Similarly, it is important to develop much more nuanced understanding of how the relationship between a new business model and the rapid change in transforming economies allows firms to implement and leverage new ways of doing business. Also, as these firms increasingly venture outside their national borders (Ramamurti, 2012), there is an urgent need to develop deeper insights of the socio-political and economic context and why and how the business models allow them to compete with multinationals from established markets that are often better resourced and have more international experience (Luo & Child, 2015).
Examples of Research Topics
Questions about the special issue may be directed to the guest editor, Henk Volberda ([log in to unmask]). Papers should be submitted electronically through MOR’s Scholar One Manuscripts site at http://mc.manuscriptcentral.com/mor and identified as submissions for the ‘Business Model Innovation in Transforming Economies’ special issue. All submissions should follow the ‘MOR Author Guidelines’, available online at https://www.cambridge.org/core/journals/management-and-organization-review/information/instructions-contributors
Foss, N. J., & Saebi, T. 2017. Fifteen years of research on business model innovation. Journal of Management, 43(1): 200–227.
Kaganer, E., Carmel, E., Hirschheim, R., & Olsen, A. 2013. Managing the human cloud. MIT Sloan Management Review, 54: 22–32.
Lansist. M., & Lakani, K. 2017. The truth about blockchain. Harvard Business Review, January-February.Lewin, A. Y., Välikangas, L., & Chen, J. 2017. Enabling open innovation: Lessons from Haier. International Journal of Innovation Studies, 1(5): doi: 10.3724/SP.J.1440.101002.
Luo, Y., & Child, J. 2015. A composition-based view of firm growth. Management and Organization Review, 11(3): 379–411.
Malone, T. W., Laubacher, R., & Scot Morton, M. S. 2003. Inventing the organizations of the 21st century. Cambridge, MA: The MIT Press.
Massa, L., Tucci, C. L., & Afuah, A. 2017. A critical assessment of business model research. Academy of Management Annals, 11: 73–104.
Morris, M., Schindehutte, M., & Allen, J. 2005. The entrepreneur’s business model: toward a unified perspective. Journal of Business Research, 58(6): 726–735.
Ramamurti, R. 2012. What is really different about emerging market multinationals? Global Strategy Journal, 2(1): 41–47.
Volberda, H. W., Van den Bosch, F. A. J., & Heij, K. 2017. Re-inventing business models: How firms cope with disruption. Oxford: Oxford University Press.
Zhang, R. 2016. Haier is the sea. Management and Organization Review, 12(4): 797-814.
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