This study integrates social network theory and business model innovation theory view to explore the effect of network embeddedness on business model innovation and investigate the moderating role of environmental dynamism. Then it conducts empirical based on survey data from 334 ventures in China by multiple linear regression method. It is found that: (1) Relational embeddedness and structural embeddedness both have significantly positive effect on business model innovation. (2) Environmental dynamism completeness has significantly positive moderating role on the relationship between trust, i...