高管团队异质性对技术创业企业绩效的影响——基于扎根理论的研究

Research on the Influence of Top Management Team Heterogeneity on the Performance of Technology Start-Ups based on Grounded Theory

为解释高管团队异质性对技术创业企业绩效的作用机理,基于高阶理论,采用多案例扎根分析方法构建了高管团队异质性对技术创业企业绩效影响的概念模型;基于183家创业板上市公司数据,采用结构方程模型进行了实证检验。研究结果表明:高管团队年龄异质性和任期异质性对技术创业企业绩效有显著正向影响;职能经验异质性和教育水平异质性对技术创业企业绩效有显著负向影响;商业模式价值创造在高管团队年龄、任期、职能经验和教育水平异质性对技术创业企业绩效的影响中均起到部分中介作用。

In order to explain the mechanism of top management team heterogeneity on the performance of technology startups,the conceptual model of the influence of top management team heterogeneity on the performance of technology startups is constructed based on the upper echelon theory by using the multiple cases analytic method of grounded theory.And the data of 183 listed companies on the GEM（growth enterprise market）is analyzed by using structural equation model.The results show that age and tenure heterogeneity among TMT（top management team）members significantly and positively affect the performance of technology start-ups.While functional experience and educational level heterogeneity significantly and negatively affect the performance of technology start-ups.Moreover,the value creation of business models play apartial mediation role in the influences of the age,tenure,functional experience and educational level heterogeneity of TMT members on the performance of technology start-ups.