Research on the Impact of BMI on Enterprise Performance Based on the Antecedence of Risk Perception

Abstract

Despite research showing that business model innovation (BMI) can enhance performance and create competitive advantages for small- and medium-sized businesses, these firms often do not achieve the expected outcomes. A business model can undergo irreversible fundamental changes due to Business Model Innovation (BMI), resulting in high levels of risk, uncertainty, and ambiguity. An analysis of 350 Chinese small- and medium-sized enterprises (SMEs) was conducted to determine the impact of innovating a business model on firm performance. Based on BMI calculations, this study investigates whether organizational capabilities and growth strategies impact business performance. Even though BMI is not directly correlated with firm performance, growth in efficiency and novelty, organizational capacities, and revenue are all fully mediated by growth in those factors. Revenue growth, organizational capacity, and efficiency affect a firm’s performance. The model is proven to be valid by this study. In addition to providing guidelines on implementing BMI based on a company’s strategy, this study contributes to the existing literature on BMI efforts for small- and medium-sized businesses.

Un enfoque neuroeducativo en la integración de tecnologías de Realidad Virtual en el desarrollo de juegos serios: caso de estudio en el ámbito de la Seguridad y Prevención de Riesgos Laborales.

“…Se sabe que la percepción del riesgo está estrechamente relacionada con el comportamiento inseguro. El concepto de percepción del riesgo surgió en la década de 1960 y se refiere al juicio personal o intuitivo sobre los riesgos, influido por factores sociales y culturales (Jingwen et al, 2022). La mayoría de las investigaciones y hallazgos en este campo provienen del paradigma psicométrico de la psicología (Boholm, 2017).…”