Business model innovation : antecedents, constraints and outcomes

Abstract

The purpose of this research was to investigate the antecedents, constraints and outcomes of internal business model innovation. Following an exploratory qualitative research design among 12 incumbent and entrepreneurial firms in the manufacturing and service industries in South Africa, a thematic analysis revealed new insights on antecedents, constraints and outcomes of internal business model innovation. These findings expand the emergent literature on business model innovation which had primarily focused on external antecedents, constraints and outcomes of business model innovation. The findings provide managers with insights on how to create an environment and conditions for business model innovation, identifying and overcoming constraints to benefit from the positive outcomes of business model innovation.