TY  - JOUR
A1  - Fredrich, Viktor
A1  - Bouncken, Ricarda B.
A1  - Tiberius, Victor
T1  - Dyadic business model convergence or divergence in alliances?
BT  - a configurational approach
JF  - Journal of business research
N2  - In this study, we contribute to the scholarly conversation on firm-level business model changes following a neoconfigurational approach. By exploring configurations of business model changes over time, we add the direction of business model changes-namely business model convergence or divergence-as a vital avenue to the business model innovation literature. We identify necessary business model convergence and divergence recipes in a sample of N = 217 strategic dyadic alliances. Firstly, technological proximity emerges as a single precondition to both converging and diverging business models. Secondly, business models between competitors either converge through complementarities or tend not to change relative to each other. Thirdly, equity participation enables business model divergence through co-specialization. We conclude with a discussion of business model trajectories and future research directions.
KW  - Business model innovation
KW  - Business model changes
KW  - Convergence vs
KW  - divergence
KW  - Strategic alliances
KW  - Fuzzy -set qualitative comparative
KW  - analysis
KW  - (fsQCA)
Y1  - 2022
U6  - https://doi.org/10.1016/j.jbusres.2022.08.046
SN  - 0148-2963
SN  - 1873-7978
VL  - 153
SP  - 300
EP  - 308
PB  - Elsevier
CY  - New York
ER  -