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| The Impact Mechanism of Platform Enterprises’ Strategic Distinctiveness on Dynamic Capabilities from the Perspective of Optimal Distinctiveness |
| XIAO Bin，YANG Shuo，CHEN Jin |
| Tsinghua University， Beijing， China |
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Abstract Based on the characteristics of platform firms, taking Chinese listed platform enterprises as the research object, the mechanism of strategic distinctiveness affecting firm performance and the mediating effect of dynamic capabilities are empirically investigated using optimal distinctiveness theory and dynamic capabilities theory, and the joint moderating effect of organizational legitimacy, firm age and platform firm type is dissected. The study finds that: The strategic distinctiveness of platform firms promotes firm performance, with dynamic capabilities playing a mediating role and organizational legitimacy playing a moderating role. Further study finds that the positive moderating effect of organizational legitimacy on the role of strategic distinctiveness in promoting dynamic capabilities becomes weaker when firms are older; this positive moderating effect increases when platform firms are dominated by innovation platforms.
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Received: 08 July 2024
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