Exploring The Fit Between Business Strategy And Business Model: Implications For Firm Performance

Topics:
Strategic Alliance
Tags:
Business Model,
Business Strategy,
Human Resources,
Management,
Performance,
Performance Management,
Strategy,
University Of Pennsylvania,
Workforce Management
Source:
University of Pennsylvania

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Overview: In this paper, we explore the fit between a firm's product market strategy, and its business model. We develop a formal model in order to analyze and develop theoretical hypotheses on the contingent effects of product market strategy and business model choices on firm performance. By investigating a unique, manually collected data set, we find that novelty-centered business models, coupled with product market strategies that emphasize differentiation, cost leadership, or early market entry, enhance firm performance.

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Format: PDF | Size: 339KB | Date: May 2006 | Pages: 44

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