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| Multiple Dimensions of Entrepreneurial Alertness, Environmental Dynamics in Transition Economy and Business Model Innovations for Start-Ups |
| LIU Gang |
| East China University of Science and Technology， Shanghai， China |
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Abstract By integrating the strategic and cognitive perspectives on business model innovations, this study explores the relationships between multiple dimensions of entrepreneurial alertness and business model innovations based on multiple dimensional cognitive activities of entrepreneurial alertness, and the role of environmental dynamics in transition economies in this relationship. An empirical analysis is made on a sample of 213 start-ups. The results show that: three dimensions of entrepreneurial alertness, i.e. scanning and search, association and connection, and evaluation and judgment, positively affect business model innovations. Environmental dynamics positively moderates the relationships between scanning and search, evaluation and judgment and business model innovations, but has no moderating effects on the relationship between association and connection and business model innovations.
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Received: 21 November 2018
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