Influence of Business Model on Evaluation of Business Development Performance of Chemical Companies

Abstract

A suitable business model is an effective way for chemical companies to maintain their market competitiveness. This paper takes chemical companies as research objects to study the relationship between business models and business development performance. Based on the analysis of the literatures on the concept, connotation of business model and the concept of business performance, this paper clarifies the diversity of the business performance indicators of the chemical companies; it constructs a business performance influence model that includes the business models as the intermediate variables, factors that influence the business model as the antecedent variables, and regulatory factors, then it validates the hypothesis through empirical analysis. The conclusion is that the factors that have a significant impact on the business models are corporate resources and technological changes; the resource integration capabilities in the regulatory factors have a significant relationship with the adjustment of the two.