How Does External Social Network Affect Business Model Innovation in the Context of Digital Transformation: a Moderated Mediation Model

Bingcheng Wang (sdwbc@sina.cn) and Qiang Zhang (zhangqiang3637@163.com)
Additional contact information
Bingcheng Wang: Shandong University of Science and Technology
Qiang Zhang: Shandong University of Science and Technology

Journal of the Knowledge Economy, 2024, vol. 15, issue 1, No 170, 4265-4283

Abstract: Abstract In the era of digital economy, business model innovation (BMI) has become an important way for companies to achieve digital transformation and gain new competitive advantages, but there is still a lack of research on the impact mechanism of BMI. Based on the social network theory perspective, this paper explores the influence of external social network (ESN) on BMI and the mediating role of business model boundary-spanning search (BMBS) and the moderating role of slack resources (SR). Through the survey and data analysis of 201 Chinese companies, this paper found that ESN has a significant positive impact on BMI. In addition, BMBS played a partial mediating role between ESN and BMI. At the same time, SR positively moderates the relationship between BMBS and BMI and the mediating effect of BMBS. The findings enrich the study about the influencing mechanism of BMI and provide insights into the BMI practice of companies in the context of digital transformation.

Keywords: External social network; Boundary-spanning search; Slack resources; Business model innovation (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s13132-023-01250-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:15:y:2024:i:1:d:10.1007_s13132-023-01250-8

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-023-01250-8

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).