Holistic Cognitive Framework,Business Model Innovation and the Performance of New Ventures
The holistic cognitive framework is an important cognitive factor to strengthen entrepreneurs'attention to the relevance of information in the environment,and this kind of cognition has a positive and significant impact on business model innovation and new venture performance.Business model innovation plays a mediating role in the relationship between the holistic cognitive framework and the performance of new ventures.Holistic cognition helps entrepreneurs to pay attention to the hidden correlation between different business elements,which helps to innovate business models and improve the performance of new ventures.In addition,environmental dynamism brings more opportunities and challenges to the innovation and growth of new ventures,which positively moderates the relation-ship between the holistic cognitive framework and business model innovation.Entrepreneurs need to improve the cognitive ability of themselves and the management team,pay attention to the integrity and correlation of things,break the cognitive stereotype,improve the comprehensiveness and flexibility of the management team's decision-making cognition,and establish a mechanism to cope with the dynamic environment,so as to promote the business model innovation and improve the performance of new ventures.
Holistic Cognitive FrameworkPerformance of New VenturesBusiness Model InnovationEnvironmental Dynamism
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