The Risks of Business Model Innovation in Established Firm: Insights From an Expert Study

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ABSTRACTBusiness model innovation (BMI) offers potential value but comes with risks, particularly in established firms. Successful BMI implementation requires a thorough understanding and effective management of these risks. While extant BMI literature has drawn attention to the risks associated with BMI, the studies are either too generic or context‐dependent, offering limited insight into the specific risks faced by established firms. Moreover, in terms of the approach, these studies often recommend generic elements found in conventional risk management frameworks, which are not specifically situated within a BMI context. This paper draws on a two‐round Delphi expert study involving leading BMI academics and professional managers with significant BMI experience to identify the risks associated with BMI and underlying factors driving the risks. Using a systematic inductive analysis of the Gioia method, the expert responses identify that BMI risks fall into four categories: strategic, operational, financial, and stakeholder risks. Additionally, the risk factors divide into five categories: resource factors, behavioural factors, governance factors, environmental factors and complementarities factors. We then explore how the BMI risks may unfold, which allows us to uncover two important features of the risk factors. First, there are interdependencies between the risk factors, which suggest there is a systemic aspect to the risks. Second, the relative importance of BMI risk factors is context‐dependent, and certain BMI risk factors have a temporal dimension. We contribute to the BMI literature by providing a more nuanced discussion about the risks associated with BMI, which enhances the current understanding of the possibilities of undertaking successful BMI as well as finding effective ways to manage the process.

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The National Heart, Lung, and Blood Institute (NHLBI) has a longstanding appreciation of the value of behavioral research. From the earliest days, when the concept of “coronary prone” behavior was introduced, to the growing recognition of the need for strategies to encourage health-promoting behaviors and lifestyles, to more recent efforts to incorporate health-related quality of life measures into our clinical studies, behavioral research has contributed much to our understanding of cardiovascular disease (CVD). Although still in its infancy, the application of this discipline to lung and blood diseases, sleep disorders, and transfusion medicine issues clearly offers much promise for advances in treatment and prevention. Acknowledging that many opportunities lie in biobehavioral research, in November 1995 the NHLBI convened the Task Force on Behavioral Research in Cardiovascular, Lung, and Blood Health and Disease to chart a course for future research efforts. Composed of national experts, it was charged to review the state of knowledge in biobehavioral research in cardiovascular, lung, and blood diseases and sleep disorders over the past 5 years; identify research opportunities; and develop a comprehensive plan, including scientific priorities, for NHLBI support of research on health and behavior for the next several years. During a series of meetings that spanned nearly 2 years, the task force worked to develop a report of its findings and conclusions. The report provides a detailed summary of accomplishments to date, highlights new scientific opportunities, and identifies specific recommendations for future research. The full text, with graphics, is available on the NHLBI Web site at http://www.nhlbi.nih.gov/nhlbi/sciinf/taskforc.htm. The synopsis that follows was excerpted from the executive summary of the task force report. The Institute is very pleased to have this task force report to guide its activities with respect to research on health and behavior. We are grateful to the task force chair, Dr …

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To determine the prevalence of intestinal parasite infections and their risk factors in children in urban and rural settings in two Cuban municipalities. A total of 1320 Cuban schoolchildren aged 4-14 were tested by stool examination for intestinal parasite infections and evaluated by parental questionnaire for a number of common environmental, sanitary, socioeconomic and behavioural risk factors. Multivariate regression was applied to examine the relationship between the respective parasite infections and the risk factors. Prevalences of intestinal parasite infections were 58% in Fomento and 45% in San Juan y Martínez; for helminth infections, these were 18% and 24% and for protozoa infections, 50% and 29%, respectively. Helminth infections were associated with high parental education (maternal: OR 0.68, CI 0.50-0.93; paternal: OR 0.71, CI 0.52-0.96), absence of toilet (OR 1.57, CI 1.12-2.19), consumption of water from a well or river (OR 0.56, CI 0.41-0.77) and eating unpeeled/unwashed fruit (OR 1.37, CI 1.01-1.87); protozoa infections were only associated with high maternal education (OR 0.72, CI 0.57-0.91). Paediatric intestinal parasite infections are still prevalent in certain areas in Cuba and associated with a number of common environmental, socioeconomic and sanitary risk factors.

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Background: Colorectal cancer (CRC) is a heterogeneous disease with etiology associated with genetic and epidemiologic factors. Family studies have served as the cornerstone of genetic research on CRC. Studies of multiple-case families led to the discovery of the best characterized CRC susceptibility syndromes: hereditary nonpolyposis colorectal cancer (HNPCC; hereafter called Lynch syndrome) and familial adenomatous polyposis (FAP). The primary genetic bases of these dominant, relatively high-penetrance syndromes were identified. However, somatic and epigenetic alterations in these same genes are involved in sporadic CRC as well. Although these changes are established causes of CRC, many important questions remain, specifically the relation of these genetic and also environmental risk factors in relation to CRC survival. 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Risk-factor data, blood and tumor samples, and medical records were collected from participants using standardized protocols. Participants continue to be followed every 5 years for changes in common risk factors, surveillance, and new cancers. Vital status, including cause of death, is recorded. Tumors have been characterized for microsatellite instability (MSI) status, protein expression for mismatch repair mutations (MLH1, MSH2, MSH6 and PMS2), and for point mutations in BRAF V600E and KRAS codons 12 and 13. CpG Island Methylator Phenotype (CIMP) was measured in tumors demonstrating microsatellite instability and the somatic silencing of MLH1 due to DNA methylation was tested in tumors showing loss of MLH1 protein expression. Germline testing was conducted for MutYH mutations in all cases and for MMR gene mutations for all cases showing a loss of gene expression in the respective protein. Genome-wide association studies (GWAS) will soon be completed on all cases. Analyses have been conducted using the CCFR case population as a whole, or using site subsets based on appropriate design and inclusion criteria. Results: Several factors known to be associated with a reduced risk of colorectal cancer, such as physical activity and the use of non-steroidal anti-inflammatory drugs (NSAIDs), were also associated with improved survival, while other such factors, including hormone replacement therapy, were not. Elevated pre-diagnostic BMI was associated with increased risk but modestly elevated post-diagnostic BMI was associated with improved survival. A history of smoking was associated with both increased risk and worse survival. Family history of colorectal cancer, which has consistently been associated with increased risk of disease, was not found to be associated with survival. Similarly, we found in a screen of 18 genetic susceptibility loci, one identified locus in SMAD7 was also associated with survival, but others were not. Tumor microsatellite instability was strongly associated with improved survival. Cases with CIMP positive tumors and/or mutations in BRAF, and/or KRAS were each associated with higher mortality, particularly when those characteristics were combined, where a two-fold increase was observed in cases MSS, CIMP+, and positive for BRAF when compared to cases with MSS tumors and negative for all other markers; a 70% lower mortality was observed in cases with tumors characterized as MSI-high, non-CIMP, and negative for mutations in BRAF and KRAS. Conclusions: The CCFR has shed light on many environmental factors, genetics and tumor characteristics that are related to both incidence and survival. Information gained from studies using this resource provides insight into the biology of this common cancer and importantly may help target messaging on prevention, inform the development of interventions, or tailor recommendations for CRC survivorship care. The greater scientific community has access to this rich resource. Citation Format: Polly A. Newcomb. Understanding more about risk and prognostic factors: Lessons from the Colon Cancer Family Registry. [abstract]. In: Proceedings of the AACR Special Conference on Colorectal Cancer: From Initiation to Outcomes; 2016 Sep 17-20; Tampa, FL. Philadelphia (PA): AACR; Cancer Res 2017;77(3 Suppl):Abstract nr IA27.

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  • Sep 1, 2006
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  • Timothy R. Rebbeck

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Socioeconomic inequalities in childhood and adolescent obesity in Australia: The role of behavioral and biological factors.
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  • Nirmal Gautam + 3 more

Obesity among children and adolescents is a significant public health concern, influenced by a complex interplay of biological and behavioral factors. However, the extent to which these factors contribute to socioeconomic disparities in obesity remains inadequately understood. Therefore, this study aimed to elucidate the roles of behavioral factors -such as dietary habits, physical activity levels, and outdoor activities-alongside biological factors, including parental body weight, in shaping socioeconomic inequalities in obesity among Australian children and adolescents. This study utilized data from the Birth Cohort (n=5101) and Kindergarten Cohort (n=4983) of the Longitudinal Study of Australian Children (LSAC). LSAC data have been collected biannually since 2004 for the B cohort and since 2000 for the K cohort. The study employed Concentration Index and Decomposition Index analyses to assess the magnitude and to identify the relative contributions of socioeconomic inequalities in obesity, focusing on the contributions of behavioral and biological factors. The analysis revealed that socioeconomic disparities in obesity among children and adolescents were significantly influenced by both biological and behavioral factors, as well as household income. Biological factors were found to account for 28.96% of these disparities, while household income contributed 49.17%, and behavioral factors explained 10.36% of the inequalities. Moreover, non-consumption of fatty foods and outdoor activities were found to be associated with a decrease in obesity by [Formula: see text] [Formula: see text] respectively. However, non-consumption of fruits and vegetables and maternal BMI were significantly correlated with an increased risk of obesity in children ([Formula: see text]) and adolescents ([Formula: see text]) respectively. These findings provide critical insights into the distribution of obesity across different socioeconomic groups in Australia, highlighting the substantial role of household income and the combined impact of biological and behavioral factors. The results emphasize the importance of developing targeted public health interventions that support families from lower socioeconomic backgrounds to reduce obesity-related disparities.

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