@article{(Open Science Index):https://publications.waset.org/pdf/3428,
	  title     = {The Relationship between Business-model Innovation and Firm Value: A Dynamic Perspective},
	  author    = {Yung C. Ho and  Hui C. Fang and  Ming J. Hsieh},
	  country	= {},
	  institution	= {},
	  abstract     = {When consistently innovative business-models can
give companies a competitive advantage, longitudinal empirical
research, which can reflect dynamic business-model changes, has yet
to prove a definitive connection. This study consequently employs a
dynamic perspective in conjunction with innovation theory to examine
the relationship between the types of business-model innovation and
firm value. This study tries to examine various types of
business-model innovation in high-end and low-end technology
industries such as HTC and the 7-Eleven chain stores with research
periods of 14 years and 32 years, respectively. The empirical results
suggest that adopting radical business-model innovation in addition to
expanding new target markets can successfully lead to a competitive
advantage. Sustained advanced technological competences and
service/product innovation are the key successful factors in high-end
and low-end technology industry business-models respectively. In
sum up, the business-model innovation can yield a higher market value
and financial value in high-end technology industries than low-end
	    journal   = {International Journal of Mechanical and Industrial Engineering},
	  volume    = {5},
	  number    = {5},
	  year      = {2011},
	  pages     = {599 - 607},
	  ee        = {https://publications.waset.org/pdf/3428},
	  url   	= {https://publications.waset.org/vol/53},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 53, 2011},