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Developing an Instrument for Business Model Dimensions: Exploring Linkages with Firm Competitiveness

Author

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  • Dinesh Panchal

    (E-704)

  • Bala Krishnamoorthy

    (SVKM’s NMIMS)

Abstract

The paper aims to develop an instrument to measure the position of a firm on business model dimensions (BMDs). The position of firms on the BMDs will help to delineate successful firms from unsuccessful firms. The scale items for the instrument were identified through a literature review. Four scales, one for each of the four BMDs, were developed. All the scales were empirically tested for reliability and validity. The scales proposed in this paper will help managers to locate the position of their firms on four BMDs and the position of a firm on four BMDs can be benchmarked with the industry average or with the best firm to gain competitive advantage. For the academicians, the scale for BMDs will pave the way for empirical studies to analyze the firm’s performance or competitiveness w.r.t to BMDs. The BMDs are used to classify the business model of a firm. However, scales to measure firms’ position on the selected BMDs were not available in the current literature. This paper attempted to address this need.

Suggested Citation

  • Dinesh Panchal & Bala Krishnamoorthy, 2019. "Developing an Instrument for Business Model Dimensions: Exploring Linkages with Firm Competitiveness," International Journal of Global Business and Competitiveness, Springer, vol. 14(1), pages 24-41, December.
    • Handle: RePEc:spr:ijogbc:v:14:y:2019:i:1:d:10.1007_s42943-019-00004-1
    DOI: 10.1007/s42943-019-00004-1
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    References listed on IDEAS

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    1. Amit Kumar & Bala Krishnamoorthy, 2020. "Business Analytics Adoption in Firms: A Qualitative Study Elaborating TOE Framework in India," International Journal of Global Business and Competitiveness, Springer, vol. 15(2), pages 80-93, December.
    2. Ebrahim Mohammed Al-Matari & Mahfoudh Hussein Mgammal & Mushari Hamdan Alosaimi & Talal Fawzi Alruwaili & Sultan Al-Bogami, 2022. "Fintech, Board of Directors and Corporate Performance in Saudi Arabia Financial Sector: Empirical Study," Sustainability, MDPI, vol. 14(17), pages 1-23, August.
    3. Dinesh Panchal & Bala Krishnamoorthy & Vivekanand Khanapuri & Ashu Sharma, 2022. "Formulation of Proxy Measures: Measuring Business Model for Improving Competitiveness," International Journal of Global Business and Competitiveness, Springer, vol. 17(2), pages 142-161, December.
    4. Mohammed Musa Bayero, 2023. "IT Infrastructure, Knowledge Management and Firm Competitiveness: Exploring Mediating Role of IT Outsourcing in Nigeria," International Journal of Global Business and Competitiveness, Springer, vol. 18(1), pages 43-58, June.
    5. Pradeep Dwivedi & Jawaher Ibrahim Alabdooli & Rajeev Dwivedi, 2021. "Role of FinTech Adoption for Competitiveness and Performance of the Bank: A Study of Banking Industry in UAE," International Journal of Global Business and Competitiveness, Springer, vol. 16(2), pages 130-138, December.

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