›› 2019, Vol. 31 ›› Issue (7): 294-304.

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Corporate Social Responsibility, Resource Reconfiguration and Business Model Innovation

Hu Baoliang1, Shu Tingting1, Tian Maoli2   

  1. 1. School of Management, Hangzhou Dianzi University, Hangzhou 310018;
    2. School of Information Engineering, Hangzhou Dianzi University, Hangzhou 311305
  • Received:2018-08-22 Online:2019-07-28 Published:2019-07-28

Abstract:

This paper aims to explore how corporate social responsibility affects business model innovation through the mediating role of resource reconfiguration. Therefore, the hypotheses on the hierarchical relationship between corporate social responsibility, resource reconfiguration and business model innovation are proposed, and these hypotheses are tested by using hierarchical regression analysis method with data collected from 186 firms. The results show that responsibility to customers, responsibility to shareholders, responsibility to employees, and responsibility to society affect business model innovation positively; resource reconfiguration affects business model innovation positively. The results also show that resource reconfiguration partially mediates the influence of responsibility to customers, responsibility to employees, and responsibility to society on business model innovation, and fully mediates the influence of responsibility to shareholders on business model innovation.

Key words: corporate social responsibility, resource reconfiguration, business model innovation