| Entrepreneurial Orientation and Performance of Chinese High-Tech Firms： The Mediating Role of Organizational Learning and Moderating Role of Firm Life Cycle |
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| 作者姓名： | Xiaohua Su |
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| 基金项目： | Acknowledgements This work is supported by the National Natural Science Foundation of China （No. 71172078） and the Key Program of National Natural Science Foundation of China （No. 71232009）. |
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| 摘 要： | The evidence about how entrepreneurial orientation （EO） affects firms＇ performance remains inconclusive. This study joins the research by incorporating organizational learning （OL） as a micro-macro link and by extending empirical work to the largely underexplored context of Chinese high-tech industries. Results from a survey of 252 Chinese high-tech firms demonstrate： （1） entrepreneurial orientation is positively related to firm performance; （2） organizational learning is also positively related to firm performance; （3） organizational learning partly mediates the positive impact of entrepreneurial orientation on firm performance; and （4） high-tech companies in the start-up and growth stage are likely to demonstrate stronger linkages in the EO-OL-performance relationship than in mature stage, which shows that the EO-OL-performance relationship is moderated by firms＇ life cycle.
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| 关 键 词： | 高科技企业 组织学习 生命周期 绩效 调节作用 中介作用 中国 导向 |
Entrepreneurial Orientation and Performance of Chinese High-Tech Firms: The Mediating Role of Organizational Learning and Moderating Role of Firm Life Cycle |
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| Xiaohua Su.Entrepreneurial Orientation and Performance of Chinese High-Tech Firms: The Mediating Role of Organizational Learning and Moderating Role of Firm Life Cycle[J].Frontiers of Business Research in China,2013,7(4):487-504. |
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| Authors: | Xiaohua Su |
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| Institution: | School of Management, Jinan University, Guangzhou 510632, China |
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| Abstract: | The evidence about how entrepreneurial orientation (EO) affects firms’ performance remains inconclusive. This study joins the research by incorporating organizational learning (OL) as a micro-macro link and by extending empirical work to the largely underexplored context of Chinese high-tech industries. Results from a survey of 252 Chinese high-tech firms demonstrate: (1) entrepreneurial orientation is positively related to firm performance; (2) organizational learning is also positively related to firm performance; (3) organizational learning partly mediates the positive impact of entrepreneurial orientation on firm performance; and (4) high-tech companies in the start-up and growth stage are likely to demonstrate stronger linkages in the EO–OL–performance relationship than in mature stage, which shows that the EO–OL–performance relationship is moderated by firms’ life cycle. |
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| Keywords: | entrepreneurial orientation （EO） organizational learning （OL） firm life cycle performance high-tech firms China |
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