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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Market Competition, Business Model Innovation and Enterprise Innovation Performance

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DOI: 10.25236/icebfm.2019.123

Author(s)

Qing Xu

Corresponding Author

Qing Xu

Abstract

The research results of business model and enterprise performance are relatively rich, but the research literature on how market competition and business model innovation affect enterprise innovation performance is relatively rare. This study uses 289 companies as research samples to construct a dynamic interaction model between market competition, business model innovation and corporate innovation performance, empirically testing the effects of market competition, business model innovation and corporate innovation performance. Research shows that market competition is an important external influence factor of enterprise innovation performance.Market competition has a significant positive effect on corporate innovation performance.Different market competition levels have different effects on the innovation performance of enterprises;business model innovation is enterprise innovation. The important internal influencing factors of performance, business model innovation has incentive effect on enterprise innovation performance, business model innovation has greater incentive effect on private enterprise innovation performance than in state-owned enterprise innovation performance, and business model innovation improves high-tech enterprise innovation performance The effect is greater than the improvement effect on the innovation performance of traditional enterprises;there is an interaction between market competition, business model innovation and enterprise innovation performance.

Keywords

Market competition, business model innovation, enterprise innovation performance