E-Innovation as Source of Business Value in Firms

This chapter seeks to assess the relationship between Web infrastructure and Internet-based innovation as sources of business value. To respond to this challenge, a conceptual model, grounded in the resource-based view (RBV) is developed. To test hypotheses, a large sample consisting of Spanish firms is employed. The results show that, as hypothesized, Web infrastructure is not positively related to business value and that Internet-based innovation has a positive significant impact on business value. In addition, the results show no significant complementarity between Web infrastructure and Internet-based innovation.