Abstract: This paper takes the Chinese start-up companies as empirical research objects to explore the impact of openness on start-up companies’ innovation performance considering the role of absorptive capacity and market environment in order to further study the mechanism of the impact. The article adopts multiple regression and other methods to empirically analyze the 223 sets of valid data. The results show that openness and absorptive capacity have a positive impact on the innovation performance of start-up companies; openness has a positive impact on absorptive capacity; absorptive capacity plays a partial intermediary role between openness and innovation performance; The market environment moderates the relationship between openness and innovation performance.

摘要： 以中国新创小企业为对象，研究开放度对新创小企业创新绩效的影响。并考虑吸收能力和市场环境的作用，进一步探索这种影响的产生机理。文章采用多元回归等方法对223组有效数据进行实证分析。研究结果表明：开放度、吸收能力均对新创小企业创新绩效有正向影响；开放度对吸收能力有正向影响；吸收能力在开放度与创新绩效之间起到部分中介作用；市场环境因素在开放度和创新绩效之间起到调节作用。