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Business model innovation risk factors based on grounded theory: A multiple‐case analysis of cold chain logistics companies in China

Author

Listed:
  • Xuan Zhao
  • Benhong Peng
  • Chaoyu Zheng
  • Anxia Wan

Abstract

The article focuses on the risk factors of the business model innovation, and the interaction mechanism between risk factors and business model innovation. The grounded theory was used to analyze the business model innovation of four cold chain logistics enterprises. Results reveal that the main risk factors of business model innovation in cold chain logistics are management, technical, and environmental risks. The risk factors suggest that cold chain logistics enterprises need to optimize the internal management to improve the innovation ability and strengthen the development of cold chain technology to improve market competitive.

Suggested Citation

  • Xuan Zhao & Benhong Peng & Chaoyu Zheng & Anxia Wan, 2022. "Business model innovation risk factors based on grounded theory: A multiple‐case analysis of cold chain logistics companies in China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2108-2118, September.
    • Handle: RePEc:wly:mgtdec:v:43:y:2022:i:6:p:2108-2118
    DOI: 10.1002/mde.3512
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    References listed on IDEAS

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    1. Anne-Sophie Brillinger, 2018. "Mapping Business Model Risk Factors," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(05), pages 1-29, June.
    2. O’Neill, Peter & Sohal, Amrik & Teng, Chih Wei, 2016. "Quality management approaches and their impact on firms׳ financial performance – An Australian study," International Journal of Production Economics, Elsevier, vol. 171(P3), pages 381-393.
    3. Saeed Nosratabadi & Amirhosein Mosavi & Zoltan Lakner, 2020. "Food Supply Chain and Business Model Innovation," Papers 2001.03982, arXiv.org.
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    Cited by:

    1. Xianchuan Yang & Yin Ma, 2026. "Beyond conformity: exploring the moderated role of peer effects in shaping business model innovation amid public opinion uncertainty," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 13(1), pages 1-15, December.
    2. Minchao Liao & Zeng'an Gao & Jingsong Zhou & Dehui Li, 2025. "Business model innovation driven by corporate social responsibility in a digital innovation ecosystem: Evidence from Chinese manufacturers," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(4), pages 2103-2119, June.
    3. Tianfeng Jiang & Yumeng Zhang & Gang Chen & Haixia Feng & Hao Gao & Qian Cui & Tian Lan & Yueyang Zhang, 2025. "Unveiling the influence of social network characteristics on sustainable performance in small and medium-sized enterprises: A dynamic capabilities perspective," PLOS ONE, Public Library of Science, vol. 20(10), pages 1-17, October.
    4. Hui Wang & Anyin Jiang & Fayyaz Ahmad & Nabila Abid & Abbas Ali Chandio, 2024. "Attribute imbalances and innovation implementation based on grounded theory: A case of Chinese enterprises in Gansu Province," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 407-423, February.

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