企业家团队政治资本与企业创新绩效

Team of Entrepreneur Political Capital and Firm Innovative Performance

基于2004年至2010年中国制造业国有企业和民营企业的配对样本,本文研究了企业家团队政治资本与企业创新绩效之间的关系,并进一步分析了所有制性质对企业家团队政治资本与企业创新绩效之间关系的调节作用。研究发现企业家团队政治资本与企业创新绩效之间存在U型关系,且这种U型关系在民营企业中更为显著。这一结论打破了"制度潜入惰性"假说,表明企业家在追求企业长期持续发展这一目标的引导下会合理并有效的利用社会资源。

Based on matched samples of state - owned firms and private - owned finns in manufacturing industry in China from 2004 to 2010, this paper examines the relationship between team of entrepreneur politieal capital and firm innovative performance, and analyzes the moderating effects of firm nature on the relationship. The result shows that, there exists a U - shape relationship between team of entrepreneur political capital and firm innovative performance, and this relationship is more significant in private -owned firms. This result is different from the proposition of ＂institutional embedded inertia＂, suggesting that the entrepreneurs can make the best use of all the resources they ean get when they are guided by the goal of sustainable development of firm.