The Influence of Business Model on Enterprise Performance: Based on the Data of Listed New Energy Enterprises

Abstract

Abstract:

With the advent of the energy Internet era, new energy enterprises are faced with innovations in business models and industrial upgrading, the business model of new energy enterprises will directly affect their sustainable development. Based on the business model iceberg theory and structural equation model, this paper selects the samples of 18 listed new energy enterprises from 2014 to 2017, and studies the impact of new energy enterprise business model on enterprise performance, and the interaction between external environment and technical capabilities and business models. The empirical results show that the business model, external environment and technical capabilities of new energy enterprises have a positive impact on enterprise performance, and the impact of business models is stronger than the impact of external environment and technological capabilities on enterprise performance. At the same time, the external environment and technical capabilities have a positive impact on business models. The three dimensions of business model-value creation, value transfer and value realization-have a significant positive impact on business models, and value realization has the greatest impact and value creation has the least impact. New energy companies should design a reasonable business model to promote their enterprise performance. At the same time, they should pay attention to the matching between business model and external environment and improve the synergy between technical capabilities and business models, so that they can maximize the promoting impacts of business models on enterprise performance. In the process of business model design, new energy enterprises should pay more attention to the value creation dimension, namely cost control ability and profit acquisition ability, thus improving their enterprise performance.

Key words: business model, enterprise performance, external environment, technological capabilities, structural equation model

Liu Zhengyang, Wang Jinxin, Qiao Han, Wang Shouyang. The Influence of Business Model on Enterprise Performance: Based on the Data of Listed New Energy Enterprises[J]. , 2019, 31(7): 264-273.

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