Business Model Implications of Industry Path Dependency

Louise B. Kringelum, Jimmi Normann Kristiansen, Allan Næs Gjerding

Keywords

Business models; path dependency; lock-in;


Abstract

Business model research often reflects an assumption of unlimited flexibility in how firms can expand or renew their business. We present a multiple case study of 21 companies in the Danish container sea freight sector to show how firms embedded in highly integrated supply chains experience business model lock-in due to industry path dependency.


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