Research on the Impact of Network Embeddedness on Enterprise Innovation Performance ‐‐ Based on the Mediating Role of Business Model Innovation and the Moderating Role of Competition Intensity

Based on the empirical study of 175 high-tech enterprises in China, this paper finds the path relationship among network embeddedness, business model innovation and innovation performance. The results show that both relational embeddedness and structural embeddedness have a significant positive impact on firm innovation performance. Business model innovation plays a mediating role in the relationship among relational embeddedness, structural Embeddedness and firm innovation performance, but the effect is different. Competition intensity negatively moderates the relationship between embeddedness and business model innovation. The results provide new guidance for enterprises to identify and optimize the relationship network and structure network, and match the network structure with business model innovation to improve innovation performance.