Business models and the performance of Chinese high-tech service firms: the role of the technological innovation mode and technological regimes.

ABSTRACT: Given China's rapidly developing landscape, improving innovation performance has become a critical objective for high-tech service firms. This study examined the relationship between business models and the performance of Chinese high-tech service firms. The theoretical model is based on contingency theory and incorporates concepts from business model innovation, and technological innovation. A multilevel regression analysis was conducted using data from 489 high-tech service firms in China. The results indicate significant positive correlations between innovation performance and various factors such as efficiency- and novelty-oriented business models, technology development, and technology acquisition. Second, technological innovation mode mediates the relationship between the business mo

SUBMITTER: Jian Z 

PROVIDER: S-EPMC10366402 | biostudies-literature | 2023 Jul

REPOSITORIES: biostudies-literature