The fit between product market strategy and business model: Implications for firm performance

被引:910
作者
Zott, Christoph [1 ]
Amit, Raphael [2 ]
机构
[1] INSEAD, F-77305 Fontainebleau, France
[2] Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA
关键词
product market strategy; business model; performance; contingency theory; competitive strategy;
D O I
10.1002/smj.642
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the fit between a firm's product market strategy and its business model. We develop a formal model in order to analyze the contingent effects of product market strategy and business model choices on firm performance. We investigate a unique, manually collected dataset, and find that novelty-centered business models-coupled with product market strategies that emphasize differentiation, cost leadership, or early market entry-can enhance firm performance. Our data suggest that business model and product market strategy are complements, not substitutes. Copyright (C) 2007 John Wiley & Sons, Ltd.
引用
收藏
页码:1 / 26
页数:26
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