Research on the Inverted U-shaped Relationship Between Network Centrality and Enterprise Performance——Based on the Intermediation of Business Model Innovation
A theoretical model of the relationship between network centrality and firm performance is constructed by taking business model innovation as a mediating variable.Based on the principle of"more is not always better",the complex relation-ship between network centrality and firm performance is explored from a curving perspective,and the moderating effect of organi-zational legitimacy is further explored.Through the analysis of 279 sample data,the results show that network centrality has an in-verted U-shaped relationship with business model innovation and firm performance.The inverted U-shaped relationship between the centrality of business model innovation intermediary network and firm performance;business model innovation can significant-ly promote enterprise performance;organizational legitimacy positively moderates the relationship between business model innova-tion and firm performance.
network centralitybusiness model innovationenterprise performanceorganizational legitimacyinvert-ed u-shaped