With the increasing significance of the business model in a connected economy, a new stream of literature has turned to explore the antecedents of business model design. Beyond external antecedents derived from a rational positioning view, little research has investigated the role of internal manufacturing flexibility. Based on theory of constraints and business ecosystem theory, this examines how manufacturing flexibility affects efficiency- and novelty-centred business model designs and consequent firm performance. We propose and test eight hypotheses using data from one hundred and eighty-six manufacturing firms in China. The results indicate that manufacturing flexibility promotes both efficiency- and novelty-centred business model designs and subsequent firm performance. Furthermore, the relationship between manufacturing flexibility and an efficiency-centred business model design is strengthened by competitive intensity but weakened by demand heterogeneity. In contrast, the relationship between manufacturing flexibility and novelty-centred business model design is weakened by competitive intensity but strengthened by demand heterogeneity.
Source:
https://www.sciencedirect.com/science/article/pii/S0925527317302104
Field/Sector:
Manufacturing
Year:
2016
Publisher:
International Journal of Production Economics
Language:
English
Copyright:
Yes
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The European economy is in the midst of the deepest recession since the 1930s, with real GDP projected to shrink by some 4% in 2009, the sharpest contraction in the history of the European Union. Although signs of improvement have appeared recently, recovery remains uncertain and fragile. Aside from intervention to stabilise, restore and reform the banking sector, the European Economic Recovery Plan (EERP) was launched in December 2008 to restore confidence and bolster demand through a coordinated injection of purchasing power. The overall fiscal stimulus, including the effects of automatic stabilisers, amounts to 5% of GDP in the EU.
Source:
http://ec.europa.eu/economy_finance/publications/pages/publication_summary15885_en.htm
Field/Sector:
Managerial practices
Year:
2009
Publisher:
Directorate General for Economic and Financial Affairs
Language:
English
Copyright:
Yes
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This paper examines how coordination among firms in supply networks generates benefits in the short and long terms for firms. It focuses on information technology (IT) and process improvement coordination. Analysis was performed on quantitative and qualitative data from a sample of SMEs in plastics manufacturing in Pennsylvania. Results indicate that coordination on both IT and process improvement leads to short and long-term benefits. These relationships were mediated by the adoption of innovations (when coordinating on IT) and access to new capabilities (in process improvement coordination). These results extend the understanding of how participation in supply networks benefits individual firms.
Source: https://onlinelibrary.wiley.com/doi/abs/10.1111/jsbm.12159
Field/Sector: Manufacturing
Year: 2016
Publisher: Copenhagen Business School
Language: English
Copyright: yes
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