Business model configurations and performance: A qualitative comparative analysis in Formula One racing, 2005-2013

Aversa, P., Furnari, S. & Haefliger, S. (2015). Business model configurations and performance: A qualitative comparative analysis in Formula One racing, 2005-2013. Industrial and Corporate Change, 24(3), pp. 655-676. doi: 10.1093/icc/dtv012

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Abstract

We investigate the business model configurations associated with high and low firm performance by conducting a qualitative comparative analysis of firms competing in Formula One racing. We find that configurations of two business models-one focused on selling technology to competitors, the other one on developing and trading human resources with competitors-are associated with high performance. We also investigate why these configurations are high-performing and find that they are underpinned by capability-enhancing complementarities, accelerating firms' learning and supporting the development of focused firms' capabilities.

Item Type: Article
Subjects: H Social Sciences > HF Commerce
Divisions: Cass Business School
URI: http://openaccess.city.ac.uk/id/eprint/15325

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