Abstract
This paper explores the firm's business model-network relationship in two regional innovation systems of China and the USA. A longitudinal analysis was used for this research. Four cases of high-tech enterprises from Zhongguancun (China) and Silicon Valley (USA) were investigated, focusing on how a business model and its ties with the stakeholders in the network interact and evolve over time. Applying Granovetter's network theory, we show that the companies' business model's development depends on the strength of network ties that differ between the two geographical regions. Results reveal that the influence of stakeholders' ties on the business model can vary depending on the regional context. It also shows the network impact value proposition, value capture, and value creation and delivery.
| Original language | English |
|---|---|
| Article number | 101600 |
| Journal | Technology in Society |
| Volume | 65 |
| DOIs | |
| Publication status | Published - May 2021 |
| Externally published | Yes |
Keywords
- Business model
- Longitudinal analysis
- Network ties
- Regional innovation system
- Silicon valley
- Zhongguancun