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Business model renewal and environment changes: Insights of Chinese textile industry

Author

Listed:
  • Miaomiao Chen

    (SE - Schneider Electric)

  • Shubho Chakraborty

    (ESC [Rennes] - ESC Rennes School of Business)

  • Jie Xiong

    (ESSCA - Ecole Supérieure des Sciences Commerciales d'Angers)

  • Laurent Scaringella

    (ESC [Rennes] - ESC Rennes School of Business)

  • Irena Descubes

    (ESC [Rennes] - ESC Rennes School of Business)

Abstract

Chinese small and medium-size enterprises (SMEs) in the textile industry adapt and reshape their business models to cope with the environmental changes resulting from increasing labor costs and decreases in profits. Comparing with big firms, SMEs face more challenges when renewing their business operations. Reactions of SMEs are influenced by the extent of changes in the business model renewal process. The renewal of the business model includes resource configuration, updating purchasing and distribution channels, refining market segments, and rebuilding brands.

Suggested Citation

  • Miaomiao Chen & Shubho Chakraborty & Jie Xiong & Laurent Scaringella & Irena Descubes, 2021. "Business model renewal and environment changes: Insights of Chinese textile industry," Post-Print hal-03603073, HAL.
    • Handle: RePEc:hal:journl:hal-03603073
    DOI: 10.1002/jsc.2471
    as

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