论风险投资、创业企业资源获取能力与技术商业化绩效

On the Venture Capital,Entrepreneurial Enterprise Resource Acquisition Ability and Technology Commercialization Performance

风险投资是重要的科技金融渠道,高效实现技术成果商业化是新兴科技型企业取得创业成功的关键,风险投资在企业技术商业化中发挥重要作用。基于企业资源基础论、信号理论等相关理论,从资金投入和增值投入两个维度探查风险投资对创业企业资源获取能力、技术商业化绩效的影响,并分析资源获取能力的中介作用,厘清三者间的相互关系,为相关政府部门、行业协会、风险投资企业和科技创业企业提供决策借鉴。

Venture capital is an important financial channel for science and technology,and the efficient commercialization of technological achievements is the key to the entrepreneurial success of new science and technology enterprises.Venture capital plays an important role in the technology commercialization of enterprises.Based on the Resource-Based Theory of the Firm,the Signaling Theory and other related theories,from the two dimensions of capital input and valueadded input,this paper probed the influences of venture capital on the resource acquisition ability and technology commercialization performance of entrepreneurial enterprise,and analyzed the mediating role of resource acquisition ability,and clarified the relationships among them,providing decision-making reference for the relevant government departments,trade associations,venture capital enterprises and science and technology start-ups.