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Extending digital ventures through templating
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Huang, Jimmy C., Henfridsson, Ola and Liu, Martin J. (2022) Extending digital ventures through templating. Information Systems Research, 33 (1). pp. 285-310. doi:10.1287/isre.2021.1057 ISSN 1047-7047.
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Official URL: https://doi.org/10.1287/isre.2021.1057
Abstract
Digital ventures typically face significant growth expectations. A common response is to extend the current operations into new areas through repurposing its digital core (e.g., search engine, data mining technique, platform, or voice interface). Grounded in prior literature, we surmise that the high versatility of the digital venture’s digital core facilitates such an extension by reducing cost and increasing speed. However, we know little about the process by which digital ventures draw on their digital core to extend current operations. To this end, we use Penrose’s work to analyze a two-year in-depth case study of a Chinese digital venture’s extension of its initial operations based on its credit rating technology. Our findings suggest that digital venture extension is facilitated by templating, which is a digitally enabled process of generating and using generic solutions across business areas. Through our grounded analysis, we unpack templating by tracing three processes contributing to digital venture extension: concepting, generalizing, and porting. Synthesizing our findings, we contribute to the emerging digital innovation and entrepreneurship literature by developing a process model of digital venture extension.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
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Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||||
Library of Congress Subject Headings (LCSH): | Technological innovations, Business enterprises -- Technological innovations, Electronic commerce, Corporations -- Growth , Entrepreneurship , Strategic planning , Creative ability in technology | ||||||||
Journal or Publication Title: | Information Systems Research | ||||||||
Publisher: | Institute for Operations Research and the Management Sciences | ||||||||
ISSN: | 1047-7047 | ||||||||
Official Date: | March 2022 | ||||||||
Dates: |
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Volume: | 33 | ||||||||
Number: | 1 | ||||||||
Page Range: | pp. 285-310 | ||||||||
DOI: | 10.1287/isre.2021.1057 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Restricted or Subscription Access | ||||||||
Copyright Holders: | Copyright © 2021, INFORMS | ||||||||
Date of first compliant deposit: | 16 August 2021 | ||||||||
Date of first compliant Open Access: | 24 August 2021 | ||||||||
RIOXX Funder/Project Grant: |
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