Exploring the Fit Between Business Strategy and Business Model: Implications for Firm Performance (RV of 2005/26/ENT/SM/ACGRD 11)
Author: Zott, Christoph ; Amit, RaphaelINSEAD Area: Entrepreneurship and Family Enterprise Series: Working Paper ; 2006/34/EFE (revised version of 2005/26/ENT/SM/ACGRD 11) Publisher: Fontainebleau : INSEAD, 2006.Language: EnglishType of document: INSEAD Working Paper Online Access: Click here Abstract: In this paper, we explore the fit between a firm's product market strategy, and its business model. We develop a formal model in order to analyze and develop theoretical hypotheses on the contingent effects of product market strategy and business model choices on firm performance. By investigating a unique, manually collected data set, we find that novelty-centered business models, coupled with product market strategies that emphasize differentiation, cost leadership, or early market entry, enhance firm performance. Previous title: Business strategy and business model: extending the strategy-structure-performance paradigm (RV of 2004/84/ENT/SM/ACGRD 8) - Zott, Christoph;Amit, Raphael - 2005 - INSEAD Working Paper| Item type | Current location | Collection | Call number | Status | Date due | Barcode | Item holds |
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Digital Library | Available | BC007632 |
In this paper, we explore the fit between a firm's product market strategy, and its business model. We develop a formal model in order to analyze and develop theoretical hypotheses on the contingent effects of product market strategy and business model choices on firm performance. By investigating a unique, manually collected data set, we find that novelty-centered business models, coupled with product market strategies that emphasize differentiation, cost leadership, or early market entry, enhance firm performance.
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