Competitiveness: Business Model Reconfiguration for Innovation and Internationalization
Purpose The purpose of this paper is to reflect on competitiveness by using the business model concept and to understand the need to adapt business models to changes in the environment.Design/methodology/approach Using Catalonia as a context, the paper derives recommendations by presenting and analyzing examples of companies, referred to as "new generation companies," that have innovated in their business models. The case studies illustrate the contributions of the business model notion to the competitiveness debate.Findings Reviewing the history and contemporary practice of Catalan firms, examples of "new generation" companies are analyzed to derive recommendations for managers seeking to reconfigure their business models to support innovation and internationalization. Since business models sit at the core of competitiveness, they must be the focus of managers aiming to create efficient firms that foster sustained competitive advantage.Research limitations/implications The analysis is based on a