Entrepreneurial Alertness and Business Model Innovation: The Role of Entrepreneurial Learning and Risk Perception

Received:October 09, 2017  Revised:October 10, 2017

Key Words:  Entrepreneurial alertness; business model innovation; explorative learning; exploitative learning; risk perception

Author NameAffiliation
Wenhong Zhao0 Xi'an Jiaotong University 
Te Yang* Xi'an Jiaotong University 

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Abstract:
      Based on intentions model and knowledge based view, this study explores the relationship between entrepreneurial alertness(EA) and business model innovation(BMI), and puts forward a moderated mediation framework to handle the questions of how to achieve business model innovation. The hypotheses are examined by collecting data from 150 firms through survey. As a result, the paper unfolds that (1) EA facilitates BMI, (2) explorative learning and exploitative learning mediate the relationship between EA and BMI, and the mediating effects are different, (3) risk perception moderates the mediating effects of different learning approaches, and then affects the relationship between EA and BMI.

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