Ben Spigel
benspigel.bsky.social
Ben Spigel
@benspigel.bsky.social
He/him. Associate Professor of Entrepreneurship at Babson College. I study entrepreneurial ecosystems, how firms grow, and why kittens are the best form of cat.
I think the most important thing about this paper is that we develop a really great method to systematically identify BMI through qual data.We've published the entire coding guide that shows you exactly how to code and identify what aspects of business models change.
January 29, 2026 at 4:22 PM
How do companies actually DO a business model innovation? Our data says: talk to peers for intel, adapt products incrementally, redirect slack resources, and build new capabilities.
January 29, 2026 at 4:22 PM
First, there are three different types of BMI in a crisis:
1. "Oh crap we're dying" (Crisis Response)
2. "Wait, this is an opportunity" (Crisis Enablement)
"3. We're just gonna keep doing what we planned" (Planned Innovation)

Not all pivots are created equal:
January 29, 2026 at 4:22 PM
It turns out that identifying Business model innovation is really hard. It's even harder during a global pandemic. But we figured out how to do it. And here's what we found.
January 29, 2026 at 4:22 PM
Remember when every entrepreneur was like we totally pivoted our business model overnight?
We interviewed 85 of them repeatedly for 18 months to see if that was actually true. Only 30% actually did the thing. I blogged (yes, my blog is still a thing) about it here: www.benspigel.com/Blog/New+Pap...
New Paper - Business model innovation in the context of crisis - Ben Spigel
Now here's something completely different from me: a paper on business model innovation, newly published in the Journal of Technology Transfer. Pasted image 20260129095018.png Think back to the start…
www.benspigel.com
January 29, 2026 at 4:22 PM
Reposted by Ben Spigel
January 26, 2026 at 5:26 PM
Can you show a before / after? That’s actually not a terrible use case.
January 24, 2026 at 11:26 PM
I think you have to judge it on merrit, but just be sure that there is a huge harm reduction plan. But this should really be going through a more medical-oriented IRB. Can you push it to a more specialized board?
January 15, 2026 at 8:52 PM
what book?
January 12, 2026 at 7:54 PM
I recall someone (maybe Dean Dad from IHE??) saying that if a rich philanthropist really wanted to make a epoch-defining gift to higher education, they would pay for a free-to-ues ERP system for universities that actually do what universities need to do.
December 12, 2025 at 4:39 PM