Work

Business model innovation, dynamic capabilities, and enterprise development

Year: 2025

Type: article

Abstract: This research utilizes data from Chinese listed enterprises spanning the period from 2008 to 2023 to investigate the impact of business model innovation and dynamic capabilities on firm development. Empirical results indicate that business model innovation significantly promotes corporate development; dynamic capabilities also contribute to corporate growth. In the relationship between dynamic capabilities and corporate development, business model innovation serves as a mediating bridge. There are differences in the impact of business model innovation on corporate development between state-owned enterprises and private enterprises. Additionally, the effect of business model innovation on corporate development exhibits a threshold effect that varies with the size of the enterprise.

Source: International Review of Economics & Finance

DOI: 10.1016/j.iref.2025.104149

Authors: Qin Xie, Shuo Li

Institution: University of Chinese Academy of Sciences

Language: English

Topic: Innovation and Knowledge Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $1,930