政府补助、研发投入与公司绩效——基于农业上市公司研发投入的中介效应研究

文章以2010-2017年农业上市公司的数据作为研究样本,以公司研发投入为中间变量,通过实证检验我国农业上市公司政府补助与公司绩效之间的关系,并分析研发投入在政府补助与公司绩效间所起到的中介效应。通过实证分析得出:政府补助与公司绩效间存在显著的正相关关系;政府补助与研发投入之间存在显著的正相关关系;研发投入在政府补助与公司绩效之间起到了部分中介效应。     

网络能力对商会企业服务创新绩效影响研究——资源获取的中介作用

本文主要探讨商会企业网络能力如何对资源获取和服务创新绩效产生影响,并通过对金华市东北商会162家样本企业进行实证研究,其研究结果表明:网络规划、运营、占位和组织学习能力对资源获取显著正相关;信息、知识和资金资源获取对服务创新绩效显著正相关;资源获取对网络运营能力、组织学习能力与服务创新绩效关系起部分中介作用,对网络规划能力、网络占位能力与服务创新绩效关系起完全中介作用.     

企业社会责任与企业绩效关系探究

本文基于江苏省上市公司的实证分析,研究了企业社会责任履行状况与企业绩效之间的关系问题,股利政策在企业社会责任与企业绩效之间的中介效应作用,检验得出,这种中介作用和传导机制作用确实存在。     

企业社会责任与企业绩效：基于顾客信任与认同的研究

本文基于营销回报模型,通过二手数据与调查数据的结合,分析顾客信任和顾客认同在企业社会责任与企业绩效关系中的中介作用,从顾客关系的角度讨论企业社会责任与企业绩效之间的关系,发现顾客信任与认同在企业社会责任与企业绩效的关系中起到了部分中介作用。     

基于临时团队学习视角的顾客参与和新服务开发绩效研究

如何通过快速信任提升绩效是临时团队研究与管理实践的关键问题,分析临时团队学习视角下顾客参与对新服务开发绩效的影响非常重要。文章基于服务业企业的视角,结合组织学习理论,提出了顾客参与对于新服务开发影响机制的概念模型。研究发现,组织学习意图和企业吸纳顾客参与新服务开发的广度和强度呈显著正相关;组织学习能力在顾客参与强度对新服务开发绩效的影响过程中起到正向调节作用。     

股东网络能提高企业创新绩效吗？——两类代理成本的中介效应研究

以中国2010年至2019年沪深A股上市公司为样本,运用社会网络分析(SNA)方法,研究股东网络、两类代理成本与企业创新绩效之间的关系。结果表明,股东网络有利于企业创新绩效的提高,两类代理成本在股东网络与企业创新绩效之间有部分中介效应。同时发现,第一类代理成本的中介效应低于第二类代理成本的中介效应,原因在于第一类委托代理关系中股东网络降低了股东与高管之间的信息不对称,进一步降低了第一类代理成本,从而提升了企业的创新绩效;而在第二类委托代理关系中股东网络较大幅度地增加了中小股东的谈判能力,进而降低了大股东对中小股东的剥削程度,也就降低了第二类代理成本,进而也提升了企业的创新绩效,但是第一类代理成本的降低可能小于第二类代理成本的降低。这一研究深化了股东网络与企业创新绩效的认知,细分了两类代理成本的作用机制。     

基于产业网络嵌入视角的大学衍生企业创业导向与绩效关系的实证分析

具有技术及人才优势的我国大学衍生企业在市场上表现出差强人意的绩效水平。文章通过对大学衍生企业创业导向、产业网络嵌入及绩效之间结构方程的构建,以及中国大学衍生企业数据样本的实证检验,结果表明:大学衍生企业的产业网络嵌入能够提升企业的绩效水平;产业网络嵌入对大学衍生企业的创业导向与企业绩效关系起显著的中介作用;大学衍生企业的创业导向能够提升企业的绩效水平。     

企业创新绩效的前因变量:员工嵌入性视角

通过对226个企业员工社会网络特征等因素对创新绩效影响的数据收集和研究,发现企业员工社会网络特征中的员工联系强度与异质性,知识分享质量和企业IT应用水平对企业创新绩效具有显著影响,同时检验了企业知识分享质量是员工联系强度与创新绩效的中介变量,以及上市公司与非上市公司的相关变量对创新绩效影响存在差异.论文的研究结论丰富和检验了在中国社会更适合强关系理论解释现实,这对企业改善知识分享质量和员工网络关系,促进企业创新绩效的提升有一定的理论和现实指导意义.     

正式控制对销售绩效的影响机制研究--一个被中介的调节作用模型

基于目标设定理论，构建了一个被中介的调节作用模型，探讨正式控制(包括结果控制和行为控制)对销售人员绩效的影响。实证结果表明：结果控制、行为控制分别与销售绩效显著正相关；结果控制与行为控制对销售绩效有交互的影响效应，结果控制与行为控制较强时，销售绩效更高；销售人员的顾客导向行为对上述交互效应与销售绩效的关系起部分中介作用。本研究的结论说明销售管理者需要通过结果控制为下属设置目标，配合使用行为控制提供反馈，从而激发销售人员迎合顾客需求的销售行为，提升其销售绩效。     

网络位置、知识获取与中小企业绩效关系研究

基于知识基础观及社会网络理论,本文构建了"网络位置→知识获取→企业绩效"的概念模型,通过对广州市海味干果专业市场75家中小企业的问卷调查,收集到一个整体网络数据,运用社会网络分析方法及结构方程模型对概念模型进行实证研究。研究结果表明,占据网络中心和富含结构洞的网络位置对企业绩效有显著的正向影响,知识获取在企业网络位置与企业绩效关系间具有完全中介作用。     

Entrepreneurial Orientation,Managerial Networking,and New Venture Performance in China

Based on institutional theory, this study investigates the moderating effects of different types of managerial networking (political networking, financial networking, and business networking) on the relationship between entrepreneurial orientation (EO) and new venture performance in China. The study finds that political networking has a negative moderating effect on the positive relationship between EO and new venture performance, financial networking has an inverse U‐shaped impact, and business networking has a positive effect. The findings not only enrich our understanding of the impact of managerial networking on the performance implication of EO in new ventures, but also offer new ventures some guidance on how to use EO and different types of managerial networking to enhance performance in China's transition economy.     

Effectuation,Exploratory Learning and New Venture Performance: Evidence from China

This paper examines the effect of effectuation on new venture performance in the context of Chinese transitional economy. To determine how new ventures benefit from effectuation, we examine the role of exploratory learning as a key mediator. Using data from 266 Chinese new ventures, our results show that effectuation has a positive effect on new venture performance. Exploratory learning plays a fully mediating role in the relationship between effectuation and new venture performance. This empirical evidence contributes to the development of the theory of effectuation and also provides managerial guidelines for new ventures facing uncertain business environments like transitional economies.     

New Venture Performance in Transition Economies from Different Institutional Perspectives

Building on institutional theory, this study examines the effects of dysfunctional competition and government ties on new venture performance in transition economies. And, it goes deeper to investigate how these effects are contingent on a new venture's entrepreneurial orientation (EO). It finds that EO weakens the negative relationship between dysfunctional competition and new venture performance but exacerbates the negative linkage of government ties to new venture performance. The findings not only illustrate how government impacts new venture performance in transition economies, but also indicate that new ventures can leverage entrepreneurship to cope with the effects of government‐related factors.     

Strategic and Operational Determinants of Relationship Outcomes With New Venture Suppliers

While the vast majority of the supplier selection and development literature has focused on relationships between mature, established firms, significantly less attention has been paid to relationships between established firms and new, entrepreneurial ventures. This study addresses this important topic and, using an interdisciplinary lens, investigates the question of how established buying firms can work with new ventures to achieve desired relationship outcomes. Drawing on the literature from the disciplines of entrepreneurship and supply chain management, we propose a theoretical model that links buying firms' strategic orientation in supplier selection (innovation and cost in strategic supplier selection) and operational approach in supplier development (direct and indirect development of new venture suppliers) with new venture‐specific relationship outcomes (purchasing volume and realized innovations). The model's predictions are tested on cross‐sectional survey data from 136 buying firms. Our results contribute to the emerging research stream at the supply chain management–entrepreneurship interface and enhance the understanding of relationships between established firms and new ventures.     

The paradox of new venture legitimation within an entrepreneurial ecosystem

The current rise in research on entrepreneurial ecosystems notes that many questions are still unanswered. We, therefore, theorize about a unique paradox for entrepreneurs trying to establish legitimacy for their new ventures within and beyond an entrepreneurial ecosystem; that is, when pursuing opportunities with high levels of technological or market newness, entrepreneurs confront a significant challenge in legitimizing their venture within an entrepreneurial ecosystem, while those entrepreneurs pursuing ventures using existing technologies or pursuing existing markets have a much easier path to garnering legitimacy within that ecosystem. However, the diffusion of that legitimacy beyond the ecosystem will be wider and more far-reaching for those pursuing the newer elements compared to those using existing technologies or pursuing existing markets, thus, creating a paradox of venture legitimation. Prior research outlines approaches for new venture legitimacy but it is unclear when these approaches should be applied within and beyond an entrepreneurial ecosystem. To address this paradox, we integrate ideas from the entrepreneurship and innovation literature with insights from the legitimacy literature to describe how different types of venture newness employ different legitimation strategies which results in different levels of legitimacy diffusion beyond an ecosystem. We conclude with a discussion of our concepts and offer suggestions for future research efforts.     

The Impact of Environment Uncertainty and Effectual Flexibility on Entrepreneurial Resource Combination: The Moderating Effect of Entrepreneurial Self-efficacy

Entrepreneurial resource combination is widely recognized as a key enabling factor to a new venture’s survival and growth, but how and why resources are integrated remain elusive. Borrowing from the theory of resource combination proposed by Sirmon, Hitt and Ireland (2007), this study empirically examines how environmental uncertainty impacts entrepreneurial resource combination. We also examine the mediating effect of effectual flexibility on the relationship between environmental uncertainty and entrepreneurial resource combination to see how new ventures utilize flexibility to neutralize the threat of environmental uncertainty. The moderating effect of entrepreneurial self-efficacy is also examined to see how entrepreneurs’ self-cognition affects these relationships. Examining data from 287 new ventures, we find that both environmental dynamism and environmental hostility have significantly positive influence on entrepreneurial resource combination (including entrepreneurial resource cohesion and entrepreneurial resource coupling). We also find that flexibility mediates the relationship between environmental uncertainty (including environmental dynamism and environmental hostility) and entrepreneurial resource combination. Empirical studies also show that entrepreneurial self-efficacy positively moderates the relationship between environmental dynamism and flexibility but negatively moderates the relationship between environmental hostility and flexibility. Theoretical and practical implications are discussed.     

National culture,effectuation, and new venture performance: global evidence from student entrepreneurs

Studies examining the relationship between national culture and entrepreneurial activity have largely ignored the influence of culture on individual decision-making. Recent years have witnessed considerable interest in cognitive logics employed by entrepreneurs. A growing body of literature examines factors contributing to the relative reliance on causal and effectual reasoning as entrepreneurs attempt to launch and grow new ventures, with evidence suggesting expert entrepreneurs engage more heavily in effectual reasoning than do novice entrepreneurs. The present study examines the mediating role of cognitive logic in explaining venture performance in differing cultural contexts. A series of hypotheses are tested using a sample of 3411 new ventures started by student entrepreneurs from 24 countries based on the Global University Entrepreneurial Spirit Students’ Survey. The findings indicate that both venture cognitive logics have positive effects on new venture performance and serve as mediators in the culture-performance relationship. Based on these findings, we conclude entrepreneurial reasoning is shaped not only by personal characteristics of entrepreneurs but also by aspects of the cultural context.     

Concentrating Too Hard? Foreign and Corporate Venture Capital Involvement in Syndicates

We investigate the relationship between investment of corporate venture capital (CVC) and foreign venture capital (FVC), and the concentration of investors involved in a financing round. As forms of venture capital distinct from independent venture capital, CVC and FVC can offer different value to new ventures. However, having FVC or CVC investors in the syndicate can also pose additional risks to other investors. We find that a corporate venture capital or a foreign venture capital affiliation is related to lower concentration of investors. Our results suggest that the investors evaluate not only the venture but also their syndicate partners in determining their relative share of round investment.     

Following the Crowd—Does Crowdfunding Affect Venture Capitalists’ Selection of Entrepreneurial Ventures?

Given the increasing popularity of crowdfunding as a new means to finance entrepreneurial ventures, we assess whether and how crowdfunding campaign‐specific signals that affect campaign success influence venture capitalists’ selection decisions in ventures’ follow‐up funding process. Our study relies on cross‐referencing a proprietary data set of 56,000 crowdfunding campaigns that ran on Kickstarter between 2009 and 2016 with 100,000 investments in the same period from the Crunchbase data set. Drawing on signaling theory and the microfinance literature, our empirical findings reveal that a successful crowdfunding campaign leads to a higher likelihood to receive follow‐up venture capital (VC) financing, and that there exists an inverted U‐shaped relationship between the funding‐ratio and the probability to receive VC funding. Further, we find statistical evidence that an endorsement by the platform provider has a likewise positive impact on the receipt of VC. Contrary to our expectations, word‐of‐mouth volume seems to be a negligible factor when it comes to follow‐up VC financing. Our results support the view that crowdfunding signals are factored into the VC’s funding decision in order to evaluate the potential of entrepreneurial ventures.     

A New Venture's Cognitive Legitimacy: An Assessment by Customers

Many legitimacy problems associated with new ventures appear to stem from a lack of customers' knowledge and understanding of the new venture. Of particular concern to entrepreneurs is cognitive legitimacy. The findings of this article suggest that customers appear to have a preference for greater rather than lesser information about a new venture's product, organization, and management (holding the content of that information constant). Furthermore, customers appear to use a contingent decision policy. For an independent startup business that is perceived as new on all three dimensions, priority should be given to building customer knowledge in the product, followed by building customer knowledge in the organization. Less attention should be given to building the customer's knowledge in the management team, although such actions still will build cognitive legitimacy.