The role of absorptive capacity and innovation strategy in the design of industry 4.0 business Models - A comparison between SMEs and large enterprises
Summary. This study examines how German industrial companies redesign their business models in response to Industry 4.0 by analyzing absorptive capacity and innovation strategy. Using data from 221 enterprises, the research shows that companies' ability to acquire, assimilate, transform, and exploit external knowledge enables both exploratory and exploitative innovation strategies, which then drive either efficiency-centered or novelty-centered business model changes. SMEs and large enterprises exhibit distinct patterns in this process.
Cite this article
Müller, J. M., Buliga, O., & Voigt, K.. (2020). The role of absorptive capacity and innovation strategy in the design of industry 4.0 business Models - A comparison between SMEs and large enterprises. European Management Journal. https://doi.org/10.1016/j.emj.2020.01.002
Müller, Julian M., et al. “The role of absorptive capacity and innovation strategy in the design of industry 4.0 business Models - A comparison between SMEs and large enterprises.” European Management Journal, 2020. https://doi.org/10.1016/j.emj.2020.01.002.
Müller, Julian M., Oana Buliga, and Kai‐Ingo Voigt. 2020. “The role of absorptive capacity and innovation strategy in the design of industry 4.0 business Models - A comparison between SMEs and large enterprises.” European Management Journal. https://doi.org/10.1016/j.emj.2020.01.002.
@article{m-ller-2020-role-absorptive-capacity-innovation-strategy,
title = {The role of absorptive capacity and innovation strategy in the design of industry 4.0 business Models - A comparison between SMEs and large enterprises},
author = {Julian M. Müller and Oana Buliga and Kai‐Ingo Voigt},
journal = {European Management Journal},
year = {2020},
doi = {10.1016/j.emj.2020.01.002},
url = {https://doi.org/10.1016/j.emj.2020.01.002}
}
TY - JOUR TI - The role of absorptive capacity and innovation strategy in the design of industry 4.0 business Models - A comparison between SMEs and large enterprises AU - Julian M. Müller AU - Oana Buliga AU - Kai‐Ingo Voigt JO - European Management Journal PY - 2020 DO - 10.1016/j.emj.2020.01.002 UR - https://doi.org/10.1016/j.emj.2020.01.002 ER -
Details
- DOI
- 10.1016/j.emj.2020.01.002
- Countries
- Germany
- Regions
- Europe
- Categories
- innovation-theory, regional-innovation-systems, general-innovation
- Added
- 2026-04-28