Multidexterity: Combining competing business models in transforming economies

Abstract

Transforming economies pose significant challenges to multinational corporations’ (MNCs) business models (e.g., Chan et al., 2016; Sánchez & Ricart, 2010). This is because they are characterized by uncertain, highly volatile, and changing institutional frameworks (Peng, Wang, & Jiang, 2008). For instance, China is distinguished by weaker regulatory regimes and industry standards (Tan, 2009; Tsai & Child, 1997). So, whilst business models contribute to rapid internationalization (Dunford, Palmer, & Benveniste, 2010) and local competition in transforming economies (Tallman, Luo, & Buckley, 2018), entering those economies incurs institutional and market challenges. These fundamentally threaten MNCs’ business model viability (Birkinshaw, Zimmermann, & Raisch, 2016b).

Reaping Value from Digitalization in Swedish Manufacturing Firms

Book chapterPublication

Mähring, M., Wennberg, K., & Demir, R.

Publication year

2018

Published in

P Andersson S Movin M Mähring R Teigland & K Wennberg (red.)

Abstract

Excerpt: In this chapter, we take a fresh look at what is actually happening in the area of digitalization, with a particular focus on the Swedish manufacturing sector. […] We particularly focus upon patterns in the ways in which they seek to develop innovations and explore new business models from their activities related to product sensors and wireless data, cloud-based data warehouses, computer-aided manufacturing and 3D printing, big data technologies, and application programming interfaces (APIs). Our findings suggest that while many Swedish industrial firms have developed a strong edge through a combination of high-quality products, international presence, and decentralization, the latter in particular poses challenges when it comes to digital transformation. Digitalization may necessitate large investments across business segments, standardisation, and knowledge sharing regarding both customers and digital solutions in order to create new customer offerings. Points for reflection are then discussed, along with recommendations for scholars that are seeking to develop new and relevant knowledge by studying the transformation of Swedish industry, as well as for managers seeking to benchmark their digitalization activities to others.

The Strategic Management of High-Growth Firms: A Review and Theoretical Conceptualization

Article (with peer review)Publication

Demir, R., Wennberg, K., & McKelvie, A.

Publication year

2017

Published in

Long Range Planning

Abstract

Scholars’ knowledge of the factors behind high-growth firms remains fragmented. This paper provides a systematic review of the empirical literature concerning high-growth firms with a focus on the strategic aspects contributing to growth. Based on our review of 39 articles, we identify five drivers of high growth: human capital, strategy, human resource management, innovation, and capabilities. These drivers are combined to develop a conceptual model of high-growth firms that includes potential contingency factors among the five drivers. We also propose a research agenda to deepen the study of high-growth firms in strategic management.
Related content: Working paper No. 273

Kompetenspusslet: den viktigaste framtidsfrågan

BookPublication

Karlson, N, Grönbäck, J, Joyce, P

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Publication year

2017

Published in

Kompetens för tillväxt

Abstract

Kompetens är sannolikt den viktigaste framtidsfrågan. Att vi kan lösa samhällets kompetensbrist är avgörande för näringslivets innovationsförmåga och utvecklingskraft, men också för individers försörjning, hälsa och välbefinnande, liksom för förmågan att klara finansieringen av gemensamma åtaganden, socialförsäkringar och pensionssystem. I den nya boken Kompetenspusslet: den viktigaste framtidsfrågan sammanfattas resultaten av fem års forskning inom programmet Kompetens för tillväxt.

Abstract

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