Understanding the Link between Dynamic Capability and Business Model Innovation

Although business model have been considered a source of competitive advantage for an organization since 21century, little attention has been paid to the innovation of business model in the violate environment. This paper examines how organization can promote business model innovation from the perspective of dynamic capability. Using regression analysis with data from 126 Chinese petrochemical enterprises, this paper shows that dynamic capability has a positive impact on business model innovation and further analysis also finds that different dimension of dynamic capability could have different influence.