中国科学院机构知识库网格
Chinese Academy of Sciences Institutional Repositories Grid
Knowledge-driven business model innovation through the introduction of equity investment: evidence from China's primary market

文献类型:期刊论文

作者Zheng, Jiali1,2; Qiao, Han3; Zhu, Xiumei3; Wang, Shouyang1,2
刊名JOURNAL OF KNOWLEDGE MANAGEMENT
出版日期2020-08-06
页码18
关键词Business model innovation Equity investment China's primary market Logistic regression Back propagation neural network (BPNN)
ISSN号1367-3270
DOI10.1108/JKM-02-2020-0158
英文摘要Purpose This study aims to explore the role of equity investment in knowledge-driven business model innovation (BMI) in context of open modes according to the evidence from China's primary market. Design/methodology/approach Based on the database of China's private market and data set of news clouds, the statistic approach is applied to explore and explain whether equity investment promotes knowledge-driven BMI. Machine learning method is also used to prove and predict the performance of such open innovation. Findings The results of logistic regression show that explanatory variables are significant, providing evidence that knowledge management (KM) promotes BMI through equity investment. By further using back propagation neural network, the classification learning algorithm estimates the possibility of BMI, which can be regarded as a score to quantify the performance of knowledge-driven BMI Research limitations/implications The quality of secondhand big data is not very ideal, and future empirical studies should use first-hand survey data. Practical implications This study provides new insights into the link between KM and BMI by highlighting the important roles of external investments in open modes. Social implications From the perspective of investment, the findings of this study suggest the importance for stakeholders to share knowledge and strategies for entrepreneurs to manage innovation. Originality/value The concepts and indicators related to business models are difficult to quantify currently, while this study provides feasible and practical methods to estimate knowledge-driven BMI with secondhand data from the primary market. The mechanism of knowledge and innovation bridged by the experience from investors is introduced and analyzed.
资助项目National Natural Science Foundation of China[71872171]
WOS研究方向Information Science & Library Science ; Business & Economics
语种英语
WOS记录号WOS:000558902700001
出版者EMERALD GROUP PUBLISHING LTD
源URL[http://ir.amss.ac.cn/handle/2S8OKBNM/52009]  
专题中国科学院数学与系统科学研究院
通讯作者Qiao, Han
作者单位1.Univ Chinese Acad Sci, Sch Econ & Management, Beijing, Peoples R China
2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China
3.Univ Chinese Acad Sci, Sch Econ & Management, Management, Beijing, Peoples R China
推荐引用方式
GB/T 7714
Zheng, Jiali,Qiao, Han,Zhu, Xiumei,et al. Knowledge-driven business model innovation through the introduction of equity investment: evidence from China's primary market[J]. JOURNAL OF KNOWLEDGE MANAGEMENT,2020:18.
APA Zheng, Jiali,Qiao, Han,Zhu, Xiumei,&Wang, Shouyang.(2020).Knowledge-driven business model innovation through the introduction of equity investment: evidence from China's primary market.JOURNAL OF KNOWLEDGE MANAGEMENT,18.
MLA Zheng, Jiali,et al."Knowledge-driven business model innovation through the introduction of equity investment: evidence from China's primary market".JOURNAL OF KNOWLEDGE MANAGEMENT (2020):18.

入库方式: OAI收割

来源:数学与系统科学研究院

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