Business Model Innovation and Firm Performance: Evidence from Emerging Technological Firms

doi:10.12005/orms.2015.0074

Abstract

Abstract: We investigate the effects of business model innovations on firm performance, and also the moderating effects of market immaturity and dysfunctional competition. We propose and test 6 hypotheses with a database from 151 emerging technology enterprises. This research finds that efficiency-centered and novelty-centered business model innovations have positive effects on firm performance. We find that market immaturity and dysfunctional competition strengthens the positive effects of efficiency-centered business model innovations on firm performance whereas solely dysfunctional competition weakens the positive effect of novelty-centered business model innovation on firm performance.

Key words: emerging technology, business model innovation, firm performance, market maturity, dysfunctional environment.

摘要： 研究分析了商业模式创新对财务绩效的影响以及这种影响的环境条件。研究提出了6个理论假设,并采用来自151个新兴技术企业的样本进行了实证检验。研究发现效率型和新颖型商业模式创新都能促进财务绩效。市场不成熟和不正当竞争会加强效率型商业模式创新对财务绩效的促进作用,而不正当竞争会削弱新颖型商业模式创新对财务绩效的促进作用。

关键词: 新兴技术, 商业模式创新, 财务绩效, 不正当竞争, 市场成熟度

CLC Number:

F270

CAI Jun-ya, DANG Xing-hua. Business Model Innovation and Firm Performance: Evidence from Emerging Technological Firms[J]. Operations Research and Management Science, 2015, 24(2): 272-280.

蔡俊亚, 党兴华. 商业模式创新对财务绩效的影响研究:基于新兴技术企业的实证[J]. 运筹与管理, 2015, 24(2): 272-280.

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