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Exploring the Multi-Phase Driven Process for Disruptive Business Model Innovation of E-Business Microcredit: a Multiple Case Study from China

Journal of the Knowledge Economy volume 10, pages 590–617 (2019)Cite this article

Abstract

This paper uses a multiple case study to reveal and analyze how the disruptive business model innovation of e-business microcredit firms is driven by the three phases of discovering, screening, and combining and matching drivers with an internal business model. The results suggest that it is the integrated forces of the market, technology, policy, competition, and entrepreneurs’ groups to drive the process, and whose specific sub-drivers are further analyzed and have a significant impact on the second phase. The types of disruptive business model innovation of e-business microcredit firms are determined by matching the criteria and methods of entrepreneurs groups in terms of risk consideration. As little research has been done on the systematic analysis of the driven process of disruptive business model innovation from a holistic perspective of drivers, this study makes a contribution to complete the understanding of this process, especially in the e-business microcredit arena. This study also gives renewed knowledge to disruptive innovation theory. This study assesses managerial implications to the development and prediction of internet financial service firms.

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Authors and Affiliations

  1. School of Management, Harbin Institute of Technology, 2H337 Science Park, 2 Yikuang Street, Nangang District, Harbin, Heilongjiang, 150001, China

    Wenyao Zhang

  2. Department of Engineering & Technology Management, Portland State University, PO Box 751 - ETM, Portland, OR, 97207-0751, USA

    Tugrul Daim

  3. School of Management, Harbin Institute of Technology, 2H262 Science Park, 2 Yikuang Street, Nangang District, Harbin, Heilongjiang, 150001, China

    Qingpu Zhang

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  1. Wenyao Zhang
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  2. Tugrul Daim
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  3. Qingpu Zhang
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Correspondence to Wenyao Zhang.

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Zhang, W., Daim, T. & Zhang, Q. Exploring the Multi-Phase Driven Process for Disruptive Business Model Innovation of E-Business Microcredit: a Multiple Case Study from China. J Knowl Econ 10, 590–617 (2019). https://doi.org/10.1007/s13132-017-0483-z

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Keywords

  • Disruptive business model innovation
  • E-business microcredit
  • Business model
  • Disruptive innovation