In this study, we explore the connections between business model adaptation and the success of new ventures. We do so by analysing in depth the business model evolution of three new Italian ventures throughout their first years of life. We try to understand if and how the evolution of these firms’ business models is connected to their success. Our analysis reveals that adapting their business models was crucial to enabling these firms to survive in extremely dynamic environments. However, it did not fullyact as a catalyst for their processes of growth and did not increase their profitability.

Business model adaptation and the success of new ventures / Balboni, Bernardo; Bortoluzzi, Guido. - In: JOURNAL OF ENTREPRENEURSHIP, MANAGEMENT AND INNOVATION. - ISSN 2299-7075. - 11:1(2015), pp. 119-140. [10.7341/20151117]

Business model adaptation and the success of new ventures

Balboni, Bernardo;
2015

Abstract

In this study, we explore the connections between business model adaptation and the success of new ventures. We do so by analysing in depth the business model evolution of three new Italian ventures throughout their first years of life. We try to understand if and how the evolution of these firms’ business models is connected to their success. Our analysis reveals that adapting their business models was crucial to enabling these firms to survive in extremely dynamic environments. However, it did not fullyact as a catalyst for their processes of growth and did not increase their profitability.
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119
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Business model adaptation and the success of new ventures / Balboni, Bernardo; Bortoluzzi, Guido. - In: JOURNAL OF ENTREPRENEURSHIP, MANAGEMENT AND INNOVATION. - ISSN 2299-7075. - 11:1(2015), pp. 119-140. [10.7341/20151117]
Balboni, Bernardo; Bortoluzzi, Guido
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/1141922
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