, little is known about how these capabilities may contribute to the business model's innovation of an acquirer. The purpose of … the paper is to clarify the role of dynamic capabilities in business model innovation of acquirer's company in mergers and … innovation in pursuing a new customer value proposition in the merger and acquisition processes and thereby exploiting a …

relevance of business model innovation (BMI). However, BMI and its performance are not linear but rather a complex phenomenon … established SMEs. Third, open innovation (open flows of knowledge regarding market needs and the potential of technologies, as … well as collaboration with customers) are concrete preconditions of business model innovation. Therefore, managers in SMEs …