Journal
ASIA PACIFIC JOURNAL OF MANAGEMENT
Volume 33, Issue 2, Pages 533-549Publisher
SPRINGER
DOI: 10.1007/s10490-015-9428-x
Keywords
Exploratory orientation; Opportunity recognition; Entrepreneurial bricolage; Business model innovation; China
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Funding
- National Natural Science Foundation of China [71202107, 71472087, 71472185]
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Business model innovation takes shape through a process of experimentation. This study holds that exploratory orientation is a key initiating factor of the experimentation process, and opportunity recognition and entrepreneurial bricolage both are actions constituting this process and thereby serve as conduits between exploratory orientation and business model innovation. Based on a survey data of Chinese firms, this study finds the positive relationship between exploratory orientation and business model innovation is mediated by opportunity recognition and entrepreneurial bricolage. The findings not only enrich the discipline's knowledge on the antecedents of business model innovation but also extend the implications of exploratory orientation, opportunity recognition, and entrepreneurial bricolage to business model innovation.
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