Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companies
The construction industry has a crucial place in any country's economy. However, compared to other sectors, construction companies have been relatively slow to adopt new technologies, while most companies in different sectors have already begun to adopt the latest technologies to renovate their...
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| Format: | Article |
| Language: | English |
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KeAi Communications Co., Ltd.
2025-03-01
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| Series: | International Journal of Innovation Studies |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2096248724000493 |
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| author | Omimah Alsaadi Lutfihak Alpkan Bora Yildiz |
| author_facet | Omimah Alsaadi Lutfihak Alpkan Bora Yildiz |
| author_sort | Omimah Alsaadi |
| collection | DOAJ |
| description | The construction industry has a crucial place in any country's economy. However, compared to other sectors, construction companies have been relatively slow to adopt new technologies, while most companies in different sectors have already begun to adopt the latest technologies to renovate their way of doing business and improve their overall performance. Therefore, Construction 4.0, as the digital transformation of construction companies in the era of Industry 4.0, attracts the attention of both practitioners and researchers. This empirical study aims to uncover the complex relations among Construction 4.0, Business Model Innovation (BMI), and firm performance in a developing country context. We propose an original model of relations purporting that BMI mediates the positive effects of Construction 4.0 on firm performance, drawing mainly on the dynamic capabilities view. All statistical analyses were performed by using R statistical language. Data was gathered from 152 managers in the Turkish construction sector via the convenience sampling method. Descriptive statistics, validity, reliability, correlation, and PROCESS mediation analyses were used to test research hypotheses. The results show that both digital and physical layers of Construction 4.0 positively relate to firm performance and that BMI fully mediates this positive relation. Managerial and further research implications are forwarded. |
| format | Article |
| id | doaj-art-9984b3fec797448e84ddf9dd23f53a85 |
| institution | OA Journals |
| issn | 2096-2487 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | KeAi Communications Co., Ltd. |
| record_format | Article |
| series | International Journal of Innovation Studies |
| spelling | doaj-art-9984b3fec797448e84ddf9dd23f53a852025-08-20T02:09:58ZengKeAi Communications Co., Ltd.International Journal of Innovation Studies2096-24872025-03-0191778910.1016/j.ijis.2024.12.002Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companiesOmimah Alsaadi0Lutfihak Alpkan1Bora Yildiz2Istanbul Technical University, Graduate School, Department of Management, İTÜ Ayazaga Campus, Maslak, 34469, Istanbul, Turkey; Corresponding author.Istanbul Technical University, Faculty of Management, Department of Management, Maçka, Beşiktaş, 34330, İstanbul, TurkeyIstanbul University, Faculty of Economics, Department of Management, Beyazit-Fatih, 34197, Istanbul, TurkeyThe construction industry has a crucial place in any country's economy. However, compared to other sectors, construction companies have been relatively slow to adopt new technologies, while most companies in different sectors have already begun to adopt the latest technologies to renovate their way of doing business and improve their overall performance. Therefore, Construction 4.0, as the digital transformation of construction companies in the era of Industry 4.0, attracts the attention of both practitioners and researchers. This empirical study aims to uncover the complex relations among Construction 4.0, Business Model Innovation (BMI), and firm performance in a developing country context. We propose an original model of relations purporting that BMI mediates the positive effects of Construction 4.0 on firm performance, drawing mainly on the dynamic capabilities view. All statistical analyses were performed by using R statistical language. Data was gathered from 152 managers in the Turkish construction sector via the convenience sampling method. Descriptive statistics, validity, reliability, correlation, and PROCESS mediation analyses were used to test research hypotheses. The results show that both digital and physical layers of Construction 4.0 positively relate to firm performance and that BMI fully mediates this positive relation. Managerial and further research implications are forwarded.http://www.sciencedirect.com/science/article/pii/S2096248724000493Construction 4.0Business model innovationFirm performanceDigital layersPhysical layersConstruction companies |
| spellingShingle | Omimah Alsaadi Lutfihak Alpkan Bora Yildiz Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companies International Journal of Innovation Studies Construction 4.0 Business model innovation Firm performance Digital layers Physical layers Construction companies |
| title | Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companies |
| title_full | Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companies |
| title_fullStr | Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companies |
| title_full_unstemmed | Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companies |
| title_short | Business model innovation as a mediator between construction 4.0 and firm performance: Evidence from Turkish construction companies |
| title_sort | business model innovation as a mediator between construction 4 0 and firm performance evidence from turkish construction companies |
| topic | Construction 4.0 Business model innovation Firm performance Digital layers Physical layers Construction companies |
| url | http://www.sciencedirect.com/science/article/pii/S2096248724000493 |
| work_keys_str_mv | AT omimahalsaadi businessmodelinnovationasamediatorbetweenconstruction40andfirmperformanceevidencefromturkishconstructioncompanies AT lutfihakalpkan businessmodelinnovationasamediatorbetweenconstruction40andfirmperformanceevidencefromturkishconstructioncompanies AT borayildiz businessmodelinnovationasamediatorbetweenconstruction40andfirmperformanceevidencefromturkishconstructioncompanies |