The Role of Digital Leadership, Customer Orientation and Business Model Innovation for IoT Companies

IF 0.5 Q4 BUSINESS International Journal of Business Pub Date : 2022-04-30 DOI:10.55802/ijb.027(2).007
Muhamad Yopan, Rhenald Kasali, T. Balqiah, Manerep Pasaribu
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引用次数: 7

Abstract

Internet of Things (IoT) is an emerging and promising technology but complex and technologically is in uncertain environment. In order to develop the effective solution and maintain the competitive advantages, companies have to innovate the business model continuously. Business Model Innovation for IoT companies requires to drive the company performance. Despite the need of IoT companies to renew their business model to effectively create value for customers and capture value for the company, the significant factors of business model innovation for IoT companies have remained underresearch so far. This study addresses this knowledge gap by exploring the significant factors of business model innovation and ultimate impact towards IoT company performance. This study uses the PLS-SEM method involving samples of 75 IoT companies in Indonesia as developing countries who are still in a nascent stage of digitalization. Digital Leadership, Customer Orientation have been identified as significant factors of business model innovation while IoT company performance as the main expected outcomes.
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物联网公司的数字化领导作用、客户导向和商业模式创新
物联网(IoT)是一项新兴而有前景的技术,但其复杂性和技术存在不确定性。为了制定有效的解决方案,保持竞争优势,企业必须不断创新商业模式。物联网公司的商业模式创新需要推动公司绩效。尽管物联网公司需要更新其商业模式,以有效地为客户创造价值并为公司获取价值,但迄今为止,物联网公司商业模式创新的重要因素仍未得到充分研究。本研究通过探索商业模式创新的重要因素以及对物联网公司绩效的最终影响来解决这一知识差距。本研究使用PLS-SEM方法,涉及印度尼西亚75家物联网公司的样本,这些公司仍处于数字化的初级阶段。数字化领导、客户导向已被确定为商业模式创新的重要因素,而物联网公司绩效是主要的预期结果。
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CiteScore
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期刊介绍: The Journal will serve and provide a forum for exchange of ideas among business executives and academicians concerned with global business and economic issues. With the rapid evolution of corporate business from international to global in recent years, general business has been one of the areas of greatest added complexity and concern for corporate managers. It is no longer sufficient for the corporate manager to limit his/her study simply to the domestic aspects of general business. Almost every single topic that can be studied in general business now has global dimensions that are equally important. As such, practitioners and academicians, each with a unique perspective on global business, must go beyond the presently limited sharing of information and ideas. The Journal will be an academic journal combining academic inquiry and informed business practices. It will publish empirical, analytical, review, and survey articles, as well as case studies related to all areas of global business and economics. A sentiment often expressed by practitioners is that academic research in general may not be addressing the most relevant questions in the real world. To bridge some gaps in our knowledge of the real world, the Journal is thereby willing to sponsor a field research (such as surveys, in-depth interviews, on-site studies, etc.). It is fair to say that the Journal will publish high-quality applied-research papers. Nevertheless, studies that test important theoretical works and shed additional light on the issue with some business implications will also be solicited.
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