Factors influencing business model innovation of Chinese SMEs: A conceptual study

Li Haibo and Noor Fzlinda Fabeil (2024) Factors influencing business model innovation of Chinese SMEs: A conceptual study. Global Business and Management Research: An International Journal, 16 (4s). pp. 589-604. ISSN 1947-5667

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Abstract

Purpose: The main objective of this paper is to study the key factors affecting the implementation of BMI in China. Design/methodology/approach: This study is based solely on secondary sources, examples including academic papers, journal articles, books, and websites, to further investigate the concept. Findings: Key factors influencing BMI among Chinese SMEs include relational resources, digital technology and the long tail, the study found. Research implications: The conclusions of this study combine the specific circumstances of the current external environment of Chinese SMEs and make innovative and complementary contributions to the conceptual research on the factors influencing BMI. Practical implications: Changes in the external environment make it extremely difficult for SMEs to successfully implement BMI. To improve the success rate of BMI, SMEs must first clearly understand the factors influencing BMI, and then take targeted actions. Originality/value: This paper presents a new conceptual study in the context of reality, explaining three key influences that affect business model innovation in Chinese SMEs, namely relational resources, digital technology and the long tail. It also proposes to measure BMI in terms of the dimensions of the five major activities of a business model, with a total of 18 relevant hypotheses.

Item Type:	Article
Keyword:	Business model innovation, Influencing factors, Chinese SMEs
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28-9999 Industries. Land use. Labor > HD2321-4730.9 Industry > HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades H Social Sciences > HF Commerce > HF1-6182 Commerce > HF5001-6182 Business
Department:	FACULTY > Faculty of Business, Economics and Accounting
Depositing User:	SITI AZIZAH BINTI IDRIS -
Date Deposited:	24 Feb 2025 10:57
Last Modified:	24 Feb 2025 10:57
URI:	https://eprints.ums.edu.my/id/eprint/42915

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