Business model innovation in SME context

Svend Ole Madsen, Tove Brink

Publikation: Kapitel i bog/rapport/konference-proceedingKonferencebidrag i proceedingsForskningpeer review


The purpose of this article is to reveal how small and medium sized enterprises (SMEs) can enable sustainable business model innovation (BMI) in the offshore wind turbine industry. A longitudinal empirical research on 10 SMEs within the wind turbine industry provides data for the findings.
The findings reveal interesting opportunities for BMI both within the SMEs, the SME network and in wider industrial context to increase awareness on business opportunities to act and hereby increase sustainable value. However, also boundaries occur for BMI, which can be difficult to crisscross. It is revealed that emphasis is needed on creating a network frame for reciprocal learning and BMI mapping. These initiatives can create absorptive capacity and dynamic capabilities. The ambidextrous organisational approach to organise both explorative and exploitative learning is revealed to have an impact. High potential for sustainable value is present, however also considerable risk to fail.
TitelEURAM 2014 : Waves and Winds of Strategic Leadership for Sustainable Competitiveness
ForlagEuropean Academy of Management
StatusUdgivet - 2014
Begivenhed14th European Academy of Management Conference: Waves and Winds of Strategic Leadership for Sustainable Competitiveness - Valencia, Valencia, Spanien
Varighed: 4. jun. 20147. jun. 2014
Konferencens nummer: 14


Konference14th European Academy of Management Conference


  • business model innovation
  • SMEs
  • Offshore Wind Energy
  • EURAM 2014

    Tove Brink (Oplægsholder)

    4. jun. 20147. jun. 2014

    Aktivitet: Foredrag og mundtlige bidragKonferenceoplæg