A dynamic capability evaluation of emerging business models for new mobility

Cabanelas, Pablo; Parkhurst, Graham; Thomopoulos, Nikolas; Lampón, Jesús F.

Abstract

The ‘new mobility’ is claimed to promise improved transport services with reduced socioeconomic and environmental impacts whilst at the same time creating high-value business opportunities. The present article contributes to understanding the latter part of this promise through analysing the sources of value creation in the new mobility industry. It makes a novel application of a business model concepts - the Dynamic Capabilities approach - to transport research. Drawing on findings from expert interviews with professionals in innovation clusters, the findings reveal that new mobility companies benefit from an inherent dynamism and a continuous learning culture. The participation in networks and alliances let companies reach broader market solutions through cross-regional collaboration. These ecosystems are well equipped to address wider mobility needs founded on managing data. For managers in the new mobility, key conclusions are that establishing a concise value proposition and expanding key resources such as staff skills or data management procedures are crucial for business sustainability.

• Journal Article Type: Article
• Acceptance Date: Feb 16, 2023
• Online Publication Date: Feb 27, 2023
• Publication Date: Mar 1, 2023
• Deposit Date: Mar 7, 2023
• Publicly Available Date: Mar 7, 2023
• Journal: Research in Transportation Business & Management
• Print ISSN: 2210-5395
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 47
• Article Number: 100964
• DOI: https://doi.org/10.1016/j.rtbm.2023.100964
• Keywords: Management Science and Operations Research; Strategy and Management; Tourism, Leisure and Hospitality Management; Economics, Econometrics and Finance (miscellaneous); Transportation; Business and International Management; General Decision Sciences
• Public URL: https://uwe-repository.worktribe.com/output/10507786
• Publisher URL: https://www.sciencedirect.com/science/article/pii/S2210539523000202?via%3Dihub