Scientometrics studies the impact of business model innovation on financial performance

Subject Areas : Journal of Investment Knowledge

Mehri Hosseini ¹ , Morteza Mousakhani ² , kamal sakhdari ³

1 - faculty of entrepreneurship, ghzvin branch, islamic azad university, ghazvin, iran.
2 - Departmen Managment, Science and Research branch, Islamic azad universtity, Tehran, Iran.
3 - faculty of entrepreneurship, university of tehran, tehran , iran.

Received: 2019-12-10 Accepted : 2020-01-01 Published : 2022-03-21

Keywords: business model innovation, Organizational entrepreneurship, scientometrics, strategic renewal, Financial Performance,

Abstract :

Business model innovation is a novel field of research in the literature of organizational entrepreneurship and strategic business renewal that allows acquiring of new competitive benefits by aligning the basic elements of organizations with environmental changes. However, the behaviors of business model renewal and research in this area, particularly in Iran are scarce, and sporadic. This research that is conducted by scientometric method and using citation analysis, evaluative technique and documents content analysis aims to sum up the studies on business model innovation and in addition to present an image of existing researches, identify research gaps and provide suggestion for future studies. Accordingly, the statistical population includes all documents provided in Scopus database with 834 data which was assessed and illustrated using bibexcle and Vosviewer software. Moreover, innovation in business models can led to improve the financial performance of businesses. Studying business innovation can be a reflection of potential for cash – in flow (firm income) of the business in progress. Therefore, in this paper, the classification of the research on the impact of innovation performance on financial performance in different industries is discussed. In the following, the business model innovation studies is classified based on documents content analysis and is presented a general framework of existing knowledge and research gaps of this domain that can provide valuable insights for managers and researchers to enhance the business model innovation researches and behaviors to improve the financial performance of business in Iran.

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