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Business Model InnovationThe Organizational Dimension$
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Nicolai J Foss and Tina Saebi

Print publication date: 2015

Print ISBN-13: 9780198701873

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:oso/9780198701873.001.0001

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Innovative Business Models for High-tech Entrepreneurial Ventures

Innovative Business Models for High-tech Entrepreneurial Ventures

The Organizational Design Challenges

Chapter:
(p.169) 9 Innovative Business Models for High-tech Entrepreneurial Ventures
Source:
Business Model Innovation
Author(s):

Massimo G. Colombo

Ali Mohammadi

Christina Rossi Lamastra

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198701873.003.0009

This chapter examines how high-tech entrepreneurial ventures should organize internally to successfully implement innovative business models. A common characteristic of innovative business models by high-tech entrepreneurial ventures is their dependence on interactions with external third parties, which provides external knowledge to be integrated with internal ones to deliver value to the customers. Accordingly, innovative business models by high-tech entrepreneurial ventures demand an internal organization that smoothly favors these interactions. Specifically, the authors analyze how firms’ structure, decision rights, and human resource management practices should be adapted to the need of absorbing knowledge from the external environments. Heeding a recent call in management literature, their analysis considers organizational design variables both at the individual and firm level.

Keywords:   business model, business model innovation, high-tech entrepreneurial ventures, organizational design

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