Journal
INDUSTRIAL AND CORPORATE CHANGE
Volume 24, Issue 3, Pages 655-676Publisher
OXFORD UNIV PRESS
DOI: 10.1093/icc/dtv012
Keywords
M10; Business Administration (General)
Categories
Funding
- European Commission's Marie-Curie Actions [301688]
- EPSRC UK Research Council [EP/K039695/1]
- EPSRC [EP/K039695/1] Funding Source: UKRI
- Engineering and Physical Sciences Research Council [EP/K039695/1] Funding Source: researchfish
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We investigate the business model configurations associated with high and low firm performance by conducting a qualitative comparative analysis of firms competing in Formula One racing. We find that configurations of two business models-one focused on selling technology to competitors, the other one on developing and trading human resources with competitors-are associated with high performance. We also investigate why these configurations are high-performing and find that they are underpinned by capability-enhancing complementarities, accelerating firms' learning and supporting the development of focused firms' capabilities.
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