Entrepreneurial Learning, Opportunity Ability and Innovation of Business Model in New Ventures

Business model and entrepreneurial learning are powerful weapons for new enterprises in the fierce market competition. Scholars actively carry out research on the relationship between entrepreneurial learning and business model innovation from multiple angles, but ignore the role path between entrepreneurial learning and new business model innovation. We found that the grasp and realization of market opportunities have a key impact on the new business model innovation. Based on the theory of entrepreneurial learning, entrepreneurial opportunity theory and business model theory, this paper starts with the opportunity recognition ability and opportunity utilization ability of entrepreneurs, and builds a new enterprise entrepreneurship learning, opportunity ability and business model innovation relationship model, and explores entrepreneurs opportunities. The intermediary role of competence between entrepreneurial learning and business model innovation. The results show that: (1) entrepreneurial learning has a significant positive impact on opportunity recognition ability and opportunity utilization ability; (2) both opportunity recognition ability and opportunity utilization ability have a significant positive impact on new business model innovation; (3) Both opportunity recognition and opportunity utilization capabilities play a mediating role in entrepreneurial learning and new business model innovation.