University of Oulu

Hurmelinna-Laukkanen, P., Mainela, T., & Puhakka, V. (2023). Living With Transformations of International Opportunities: Drivers of Business Model Change in Global Value Chains. In E. Rasmussen & N. Petersen (Eds.), Handbook of Research on Business Model Innovation Through Disruption and Digitalization (pp. 82-97). IGI Global.

Living with transformations of international opportunities : drivers of business model change in global value chains

Saved in:
Author: Hurmelinna-Laukkanen, Pia1; Mainela, Tuija1; Puhakka, Vesa1
Organizations: 1Business School, University of Oulu, Finland
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 0.6 MB)
Persistent link:
Language: English
Published: IGI Global, 2023
Publish Date: 2023-04-24


This study addresses the question of how organizations, as parts of global value chains, may respond to, and in some situations initiate, transformations of international opportunities and how that is related to the business model change. It examines the forms of international opportunities and argues that different sources of transformation affect the viability of these opportunities, thereby driving the ways in which organizations live with these transformations. These, in turn, connect to the changes in the firms’ business models through 1) transformation intensifying, 2) transformation utilizing, 3) shifting, and 4) exit activities. It suggests that patterns can be detected regarding the alignment of the present manifestation of the international opportunity, the transformation type that influences it, and the ways in which these situations are met. The chapter develops a framework that advances understanding the connectedness of opportunities, business models, and global value chains in the era of discontinuities.

see all

Series: Advances in business strategy and competitive advantage book series
ISSN: 2327-3429
ISSN-L: 2327-3429
ISBN: 978-1-6684-4896-0
ISBN Print: 978-1-6684-4895-3
Pages: 82 - 97
DOI: 10.4018/978-1-6684-4895-3.ch005
Host publication: Handbook of Research on Business Model Innovation Through Disruption and Digitalization
Host publication editor: Rasmussen, Erik Stavnsager
Petersen, Nicolaj Hannesbo
Type of Publication: A3 Book chapter
Field of Science: 512 Business and management
Copyright information: © 2023, IGI Global. Copying or distributing in print or electronic forms without written permission of IGI Global is prohibited.