Entrepreneurship, Business Model and Design Thinking in Brazilian Small Enterprise
DOI:
https://doi.org/10.15665/dem.v19i3.2799Keywords:
entrepreneurship, business model, design thinking, small businessAbstract
The research objective is to examine entrepreneurship, business model (BM) and design thinking (DT) connected in an integrated way, aiming to foster innovation in established small enterprise. The research is exploratory and qualitative supported by a Brazilian small enterprise case study. The main findings indicate that analytical framework of entrepreneurship, BM and DT connected in an integrated way foster innovation in small enterprise.The findings are innovative because they help to broaden understanding of entrepreneurship, BM and DT connected in an integrated way in small enterprise to foster the innovation and fill the gap in the literature. The findings have practical implications for managers and owners of established companies, coordinators and managers of human resources, students and professors of undergraduate and graduate courses.
References
Anderson, J.C., Narus, J.A., & Narayandas, D. (2009). Business market management: understanding, creating and delivering value. (3rd ed.). Upper Saddle River: Pearson Prentice Hall.
Anwar, M., Shah, S. Z. A., Khan, S. Z., & Khattak, M. S. (2019). Manager’s personality and
business model innovation. International Journal of Innovation Management, 23(07), 1-27.
https://doi.org/10.1142/S1363919619500610
Aranha, E.A., Dos Santos, P.H., & Garcia, N.A.P. (2018). EDLE: An integrated tool to foster entrepreneurial skills development in engineering education. Educational Technology Research and Development, 66(6), 1571-1599. https://doi.org/10.1007/s11423-018-9624-8.
Arran B., & Brian B. (2019). Entrepreneurship, innovation and strategic foresight: How entrepreneurs engage the future as opportunity. Expert Journal of Business and Management, 7(1), 11-31. https://ssrn.com/abstract=3295996
Barnard, B., & Herbst, D. (2019). Entrepreneurship, innovation and creativity: The creative process of entrepreneurs and innovators. Expert Journal of Business and Management, 7(1), 107-146. http://doi.org/10.2139/ssrn.3195912
Berger, E.S.C., von Briel, F., Davidsson, P., & Kuckertz, A. (2019). Digital or not – The future of entrepreneurship and innovation: Introduction to the special issue. Journal of Business Research, 125, 436-442. https://doi.org/10.1016/j.jbusres.2019.12.020.
Best, S., & Eftimov L. (2019). Enterprise, entrepreneurship, and innovation: What this means for the new HRM professional and the new workplace. Dynamic relationships management journal, 8(2), 3-14. http://sam-d.si/en/revija/enterprise-entrepreneurs
Beverland, M., Wilner, S., & Micheli, P. (2015). Reconciling the tension between consistency and relevance: Design thinking as a mechanism for brand ambidexterity. Journal of the Academy of Marketing Science, 43(5), 589-609. http://doi.org/10.1007/s11747-015-0443-8
Bouncken, R., Ratzmann, M., Barwinski, R., & Kraus, S. (2020). Coworking spaces: Empowerment for entrepreneurship and innovation in the digital and sharing economy. Journal of business research, 114, 102-110. https://doi.org/10.1016/j.jbusres.2020.03.033.
Bouwman, H., Nikou, S., & de Reuver, M. (2019). Digitalization, business models, and SMEs: How do business model innovation practices improve performance of digitalizing SMEs? Telecommunications policy, 43(9). https://doi.org/10.1016/j.telpol.2019.101828
Brian, B., & Derrick, H. (2019). Entrepreneurship, innovation and creativity: The creative process of entrepreneurs and innovators. Expert Journal of Business and Management, 7(1), 107-146. http://doi.org/10.2139/ssrn.3195912
Brown, T. (2008). Design thinking. Harvard Business Review, 86(6), 84-92. https://hbr.org/2008/06/design-thinking.
Cankurtaran, P., & Beverland, M. B. (2020). Using design thinking to respond to crises: B2B lessons from the 2020 COVID-19 pandemic. Industrial marketing management, 88, 255-260. https://doi.org/10.1016/j.indmarman.2020.05.030
Carlgren, L., Elmquist, M., & Rauth, I. (2016). The challenges of using design thinking in industry – Experiences from five larges firms. Creative and Innovation management, 25(3), 244-362. https://doi.org/10.1111/caim.12176
Casadesus-Masanell, R., & Zhu, F. (2013). Business model innovation and competitive imitation: The case of sponsor‐based business models. Strategic Management Journal, 34(4), 464-482. https://doi.org/10.1002/smj.2022.
Chesbrough, H. (2010). Business Model Innovation: Opportunities and Barriers. Long Range Planning, 43(2-3), 354-363. https://doi.org/10.1016/j.lrp.2009.07.010
Drucker, P.F. (2002). The discipline of innovation. Harvard Business Review, August 2002. https://hbr.org/2002/08/the-discipline-of-innovation. Acessed January 2020.
Eisenhardt, K. (1989). Buiding Theories from Case Study Research. The Academy Management Review, 14(4), 532-550.
Euchner, J. (2016). Business model innovation. Research technology management, 59(3), 10-11. https://doi.org/10.1080/08956308.2016.1161396.
Fielt, E. (2014). Conceptualising Business Models: Definitions, Frameworks and Classifications. Journal of Business Models, 1(1), p85-105. https://doi.org/10.5278/ojs.jbm.v1i1.706
Filion, L.J. (1991). Vision and relations: Elements for an entrepreneurial metamodel. International Small Business Journal: Researching Entrepreneurship, 9(2), 26-40, https://doi.org/10.1177/026624269100900202.
Finkle, T.A. (2012). Corporate entrepreneurship and innovation in Silicon Valley: The case of Google Inc. Entrepreneurship Theory and Practice, 36(4), 863-887. https://doi.org/10.1111/j.1540-6520.2010.00434.x
Foss, N. J., & Saebi, T. (2018). Business models and business model innovation: Between wicked and paradigmatic problems. Long range planning, 51(1), 9-21. https://doi.org/10.1016/j.lrp.2017.07.006
Foss, N. J., &Saebi, T. (2016). Fifteen Years of Research on Business Model Innovation: How Far Have We Come, and Where Should We Go? Journal of Management, 43(1), 200-227. https://doi.org/10.1177/0149206316675927
Gaile, A., Baumane-Vitolina, I., Sumilo, E., Skiltere, D., & Flores, R. M. (2020). Values and career behaviours of entrepreneurs and employees. International journal of entrepreneurial behaviour & research, 26(7), 1607-1625. https://doi.org/10.1108/ IJEBR-06-2019-0369
Gibb, A. (2002). In pursuit of new “enterprise” and “entrepreneurship” paradigm for learning: Creative destruction, new values, new ways of doing things and new combinations of knowledge. International Journal of Management Reviews, 4(3), 233-269. http://doi.org/10.1111/1468-2370.00086
Gobble, M.A. (2014). Business Model Innovation. Research-Technology Management, 57(6), 58-61. DOI: 10.5437/08956308X5706005
Hampel, C. Perkmann, M., & Philips, N. (2019). Beyond the lean start-up: Experimentation in corporate entrepreneurship and innovation. Innovation: Management, Policy & Practice. 22(1), 1-11. https://doi.org/10.1080/14479338.2019.1632713
Herman E. (2018). Innovation and entrepreneurship for competitiveness in the EU: An empirical analysis. Proceedings of the International Conference on Business Excellence, 12(1), 425-435. https://doi.org/10.2478/picbe-2018-0038
Johansson-Sköldberg, U., Woodilla, J., & Çetinkaya, M. (2013). Design thinking: Past, present and possible futures. Creativity and Innovation Management, 22(2), 121-146. https://doi.org/10.1111/caim.12023
Kallmuenzer, A., & Peters, M. (2018). Entrepreneurial behaviour, firm size and financial performance: The case of rural tourism family firms. Tourism recreation research, 43(1), 2-14. https://doi.org/10.1080/02508281.2017.1357782
Keiningham, T. L., Aksoy, L., Bruce, H., Cadet, F., Clennell, N., Hodgkinson, I. R., & Kearney, T. (2020). Customer experience driven business model innovation. Journal of Business Research, 116, 431-440. https://doi.org/10.1016/j.jbusres.2019.08.003
Kraus, S., Filser, M., Puumalainen, K., Kailer, N., & Thurner, S. (2020). Business model innovation: A systematic literature review. International Journal of Innovation and Technology Management, 17(06). 40-58. https://doi.org/10.1142/S0219877020500431
Leavy, B. (2010). Design thinking - A new mental model of value innovation. Strategy & Leadership, 38(3), 5-14. https://doi.org/10.1108/10878571011042050.
Leavy, B. (2012). Collaborative innovation as the new imperative - Design thinking, value co-creation and the power of "pull". Strategy & Leadership, 40(2), pp.25-34. https://doi.org/10.1108/10878571211209323
Liedtka, J. (2011). Learning to use design thinking tools for successful innovation. Strategy & Leadership, 39(5), 13-19. https://doi.org/10.1108/10878571111161480
Liedtka, J. (2015). Perspective: Linking Design Thinking with Innovation Outcomes through Cognitive Bias Reduction. Journal of Product Innovation Management, 32(6), 925-938. https://doi.org/10.1111/jpim.12163.
Liedtka, J., & Kaplan, S. (2019). How design thinking opens new frontiers for strategy development. Strategy & Leadership, 47(2), 3-10. https://doi.org/10.1108/SL-01-2019-0007
Maglio, P. P., & Spohrer, J. (2013). A service science perspective on business model innovation. Industrial marketing management, 42(5), 665-670. https://doi.org/10.1016/j.indmarman.2013.05.007
Mansoori, Y., & Lackéus, M. (2020). Comparing effectuation to discovery-driven planning, prescriptive entrepreneurship, planning, lean startup, and design thinking. Small Business Economics, 54(3), 791-818. http://doi.org/10.1007/s11187-019-00153-w
Micheli, P., Wilner, S. J. S., Bhatti, S. H., Mura, M., & Beverland, M. B. (2019). Doing Design Thinking: Conceptual Review, Synthesis, and Research Agenda. Journal of Product Innovation Management, 36(2), 124-148. https://doi.org/10.1111/jpim.12466
Nakata, C. (2020). Design thinking for innovation: Considering distinctions, fit, and use in firms. Business horizons, 63(6), 763-772. https://doi.org/10.1016/j.bushor.2020.07.008
Nakata, C., & Hwang, J. (2020). Design thinking for innovation: Composition, consequence, and contingency. Journal of business research, 118, 117-128. https://doi.org/10.1016/j.jbusres.2020.06.038
Phiri, T., Barnard, B. (2018). Entrepreneurship and Innovation: The antecedents of opportunity. Expert Journal of Business and Management, 6(1), 61-8. http://doi.org/10.2139/ssrn.3132397
Poponi, S., Arcese, G., Mosconi, E.M., & Di Trifiletti, M.A. (2020). Entrepreneurial drivers for the development of the circular business model: The role of academic spin-Off. Sustainability, 12(1), 423. https://doi.org/10.3390/su12010423
Sánchez, P., & Ricart, J. E. (2010). Business model innovation and sources of value creation in low‐income markets. European Management Review, 7(3), 138-154. https://doi.org/10.1057/emr.2010.16
Shane, S. & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. Academy of Management review, 25(1), 217-226. https://doi.org/10.2307/259271
Soriano, D. R., & Huarng, K. H. (2013). Innovation and entrepreneurship in knowledge industries. Journal of business research, 66(10), 1964-1969. https://doi.org/10.1016/j.jbusres.2013.02.019
Teece, D. J. (2010). Business model, business strategy and innovation. Long Range Planning, 43, 172-1994. https://doi.org/10.1016/j.lrp.2009.07.003.
Wahyono, W. (2018). Business model innovation: A review and research Agenda. Journal of Indian Business Research, 22(2), 89-108. https://doi.org/10.1108/NEJE-06-2019-0030
Ward, A., Runcie, E., & Morris, L. (2009). Embedding innovation: design thinking for small enterprises. Journal of Business Strategy, 30(2/3), 78-84. https://doi.org/10.1108/02756660910942490.
Schumpeter, J.A. (1934). The Theory of Economic Development. Cambridge: Harvard University Press.
Yariv, T., Nilsen, C, Montemari, M., Thomsen, P., & Polone, F. (2016). Business model configurations: A five-V framework to map out potential innovation routes, European Journal of Innovation Management, 19(4) 492-527. https://doi.org/10.1108/EJIM-10-2015-0099.
Yin, R. K. (2003). Case Study Research Design and methods. (3rd ed.). Thousand Oaks: Sage Publication.
Zahra, S. (1991). Predictors and financial outcomes of corporate entrepreneurship: An exploratory study. Journal of Business Venturing, 6(4), 259-285. https://doi.org/10.1016/0883-9026(91)90019-A
Zheng, D. L. (2018). Design thinking is ambidextrous. Management Decision, 56(4), 736-756. https://doi.org/10.1108/MD-04-2017-0295
Zott, C., Amit, R., & Massa, L. (2011). The business model: recent developments and future research. Journal of Management, 37(4), 1019-1042. DOI: 10.1177/01492063311406265
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2021 Elzo Alves Aranha, Juliana Bárbara Silva Corrêa,, Antoun Charles El Mouallem
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Instructions for filling in the Certification of Originality and the Copyright Transfer:
Keep in mind that by pressing the "save and continue" button at the end, you are assuming all the ethical and legal commitments set forth herein. They establish the responsibilities of the legislation on intellectual property rights. For this it is assumed that whoever is carrying out the action of presenting the written work in good faith and represents himself and the other authors of the postulated article.
In this sense, the authors retain all the rights of which they are owners and authorize the free reproduction of the document sent. In the event of being necessary, they will assume, by pressing the "save and continue" button, the legal responsibility derived from the patrimonial rights which are free because of the non-payment by any procedure of the Journal.
Consequently, the author (s) represented by the person who advances the postulation of the article for evaluation and eventual publication,
I (We) declare:
1. I am (we are) the author (s) of the article {here is the name of the article placed automatically}.
2. This is an original work in accordance with the intellectual property law of Colombian copyright.
3. The content of the article of the reference has not been published and that it will not be submitted to any other means of publication in written or electronic support before knowing the decision of the Editorial Committee of Dimensión Empresarial.
4. The signer of this certification guarantees that the commitment acquired here does not infringe any third-party rights.
5. The publication authorization includes its electronic file and its adaptation, if necessary, for its incorporation in the network or in any electronic format or database, as well as attaching the necessary metadata to register the work, trademarks of water or any other security or protection system.
6. The publication authorization includes reproduction on digital media. As well as its distribution and making available through institutional archives through the Internet, distribute copies, and exhibit it in Colombia and outside the country, as well as include the article in national and international indexes.
7. The author assumes all responsibility, including compensation for damages, that could be exercised against the Universidad Autónoma del Caribe by third parties who violated their rights and interests because of the assignment.
For its part, Dimension Empresarial undertakes to respect in any case the rights of the author contained in Article 30 of Law 23 of 1982, or any after it and will make the article available to the users of the Journal so that make a legitimate use of it, as permitted by the applicable legislation, provided that its authorship is cited, commercial benefit is not obtained, and derivative works are not made.
The authors agree to accept the conditions of this intellectual property note, which will be applied to this submission when it is published in this journal.