TY - JOUR
T1 - Digital Transformation Driving SME Business Model Innovation
T2 - A Dynamic Capabilities Perspective
AU - Chung, Ka Wai
AU - Chiu, Weisheng
AU - Chen, Gary
AU - Liu, Kam Pui
N1 - Publisher Copyright:
© 2024 IGI Global. All rights reserved.
PY - 2024
Y1 - 2024
N2 - The purpose of this paper is to propose a research model to investigate the relationships between dynamic capabilities, business model innovation, and business performance. The moderating role of digital transformation in the research model is also examined. A total of 262 managers in Chinese small and medium-sized enterprises (SMEs) were enrolled via an online questionnaire. Data is scrutinized by partial least square structural equation modeling (PLS-SEM) using SmartPLS 3.0. The findings of this study reveal that dynamic capabilities can positively affect business model innovation and business performance. Furthermore, business model innovation partially mediates the relationship between dynamic capabilities and business performance. Meanwhile, digital transformation has a positive moderating role in the aforementioned relationships. These findings bridge the research gaps in extant literature and contribute to theoretical and practical implications for SMEs.
AB - The purpose of this paper is to propose a research model to investigate the relationships between dynamic capabilities, business model innovation, and business performance. The moderating role of digital transformation in the research model is also examined. A total of 262 managers in Chinese small and medium-sized enterprises (SMEs) were enrolled via an online questionnaire. Data is scrutinized by partial least square structural equation modeling (PLS-SEM) using SmartPLS 3.0. The findings of this study reveal that dynamic capabilities can positively affect business model innovation and business performance. Furthermore, business model innovation partially mediates the relationship between dynamic capabilities and business performance. Meanwhile, digital transformation has a positive moderating role in the aforementioned relationships. These findings bridge the research gaps in extant literature and contribute to theoretical and practical implications for SMEs.
KW - Business Model Innovation
KW - Digital Transformation
KW - Dynamic Capabilities
KW - Medium-Sized Enterprises (SMEs)
KW - Small
UR - http://www.scopus.com/inward/record.url?scp=85200633507&partnerID=8YFLogxK
U2 - 10.4018/JGIM.350191
DO - 10.4018/JGIM.350191
M3 - Article
AN - SCOPUS:85200633507
SN - 1062-7375
VL - 32
JO - Journal of Global Information Management
JF - Journal of Global Information Management
IS - 1
ER -