Business Model Adaptation and the Success of New Ventures

• Authors: Balboni Bernardo , Bartoluzzi Guido
• Languages of publication: EN

Abstracts

EN

In this study, we explore the connections between business model adaptation and the success of new ventures. We do so by analysing in depth the business model evolution of three new Italian ventures throughout their first years of life. We try to understand if and how the evolution of these firms’ business models is connected to their success. Our analysis reveals that adapting their business models was crucial to enabling these firms to survive in extremely dynamic environments. However, it did not fully act as a catalyst for their processes of growth and did not increase their profitability.

Keywords

EN

business model adaptation; business model; new ventures; survival; growth

• Publisher: Fundacja Upowszechniająca Wiedze i Naukę "Cognitione" / Wyższa Szkoła Biznesu – National-Louis University
• Journal: Journal of Entrepreneurship, Management and Innovation
• Year: 2015
• Volume: 11
• Issue: 1
• Pages: 119-140

Contributors

author

Balboni Bernardo

author

Bartoluzzi Guido

Identifiers

DOI

10.7341/20151117