Unpacking the Disruption Process: New Technology, Business Models, and Incumbent Adaptation
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|Title:||Unpacking the Disruption Process: New Technology, Business Models, and Incumbent Adaptation||Authors:||Cozzolino, Alessio
|Permanent link:||http://hdl.handle.net/10197/9565||Date:||Nov-2018||Abstract:||Despite the growing importance of digital transformation and the notion of disruptive innovation, strategy literature still lacks a more complete picture of how incumbent organizations adapt their business models after disruptions. This research sheds light on this important process by analyzing a major Italian news media publisher reacting to the advent of the internet and the emergence of new business models by entrants into the industry (1995–2017). We specifically examine: (1) the drivers and impeding factors of business model adaptation; (2) how incumbents change strategies to cope with different components of the disruption process; and (3) how a closed business model can be renewed to develop an open, platform-based business model to seize external opportunities, incur lower costs, and fend off disruptors. This study contributes to the burgeoning literature on disruption, business models, and platforms.||Funding Details:||University College Dublin||Type of material:||Journal Article||Publisher:||Wiley||Journal:||Journal of Management Studies||Volume:||55||Issue:||7||Start page:||1166||End page:||1202||Copyright (published version):||2018 Wiley||Keywords:||Disruptive innovation; Incumbent adaption; Open business models; Value creation and capture; Digital platforms||DOI:||10.1111/joms.12352||Language:||en||Status of Item:||Peer reviewed|
|Appears in Collections:||Business Research Collection|
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