DYNAMIC CAPABILITIES AND BUSINESS MODEL INNOVATION IN START UP COMPANIES: THE ROLE OF THE BOARD.

This research addresses business model innovation in start up companies. In the face of discontinuities and disruptive changes involving social and business environment, firms need to constantly evolve their business model. Basing on a dynamic capabilities perspective, this study investigates how start up companies constantly adapt the know how required to innovate their business model by the development of network relationships. It also focuses how Boards need to reconfigure their role when performing their tasks. The research is carried out by a single case study approach and investigates a young start up company involved in the design of high tech innovative medical devices. Emerging findings show how a new combinative capability is generated by dynamically shaping the ecosystem and managing relationships with the actors involved.