Entrepreneurial Leadership, Market Orientation, and Firm Performance

This paper explores entrepreneurial leadership, market orientation, and firm performance. It sorts to ascertain through the literature whether entrepreneurial leadership has an influence on market orientation decision and firm performance. The review points to the fact that entrepreneurial leadership creates visionary scenarios which they used to assemble and mobilize a “supporting cast” of participants who become committed to the vision and the discovery of strategic value creation by influencing market orientation decision and thus enhancing firm performance. The study thus developed a process model as a result of the literature reviewed. The study concludes that, entrepreneurial leadership influences the market orientation decision of a firm with the help of the “supporting cast” and this helps the firm to increase its performance.

Influence of Reading Behavior of Entrepreneurs on Their Entrepreneurial Performance: Empirical Study of Chongqing

In the context of economic downward and industrial structural adjustment,cultural level of entrepreneurs exerts direct influence on entrepreneurial results,while reading behavior of entrepreneurs is closed connected with cultural level of entrepreneurs. Therefore,it is of utmost importance to analyze the relation between reading behavior and entrepreneurial performance. Based on the survey data of 200 enterprises in one- hour economic circle of Chongqing,this paper analyzed three dimensions of reading behavior of entrepreneurs: reading subjects,reading media,and reading environment. It analyzed the relation between these three indicators and entrepreneurial performance. It further divided entrepreneurial performance into survival performance and financial performance. Finally,it came up with following conclusions:( i) good reading exerts significantly positive effect on survival performance of entrepreneurial enterprises;( ii) suitable reading environment plays a positive role in financial performance of entrepreneurial enterprises.

Entrepreneurial Skills and Innovative Behavior as Determinants on the Entrepreneurial Performance of Business Graduate Students

This study addressed the causal association of entrepreneurial performance as predicted by entrepreneurial skills and innovative behavior.Respondents of this research comprised 205 business graduate students from colleges and universities in SOCSARGEN Region in the Philippines.In a quantitative design and through purposive sampling,survey questionnaires were adopted,validated,and utilized.The researcher used the mean and multiple regression as tools in analyzing the data.Findings revealed that business graduate students’entrepreneurial skills,innovative behavior,and entrepreneurial performance were high.This means that business graduate students possessed entrepreneurial skills,innovative behavior was evident,and a very satisfactory entrepreneurial performance.On the individual capacity,entrepreneurial skills did not significantly influence business performance while innovative behavior significantly influenced entrepreneurial performance.

Entrepreneurial Orientation,Knowledge creation process and New Product Development Performance

This paper analyzed the relationship between entrepreneurial orientation and new product development perlormance based on the perspective of knowledge creation process. Through a questionnaire survey, we found that entrepreneurial orientation is positively related to new product performance, and knowledge creation process plays a mediating role in this relationship. This article examines the role of entrepreneurial orientation on new product innovation performance in Chinese situations, and it is the first time to check the intermediary functions on each dimension of knowledge test between entrepreneurial orientation and new product development performance.

An Analysis of Factors Influencing Entrepreneurs’ Performance in Business after Returning Home——Empirical Study Based on a Sichuan Sample

This paper uses survey data regarding native Sichuan entrepreneurs who have developed businesses outside of Sichuan Province and then returned,along with their organizations,to Sichuan.Our goal was to identify and examine the factors influencing their entrepreneurial performance by using SEM-PLS.The results show that policy support,social relations and entrepreneurial self-efficacy have significant roles in entrepreneurial performance.No direct influence from the cultural or market environments was detected.Therefore,this study indicates that for entrepreneurs returning to their hometown the government should provide social and financial support for small and micro sized entrepreneurial ventures while the entrepreneurs should constantly strengthen their entrepreneurial selfefficacy by obtaining information through cultivated social relationships and market opportunities that will allow them to enhance their entrepreneurial performance.

Franchisees Can Claim to Be Entrepreneurially Skilled or Not Three-Pronged Perceptions

Entrepreneurial skills determine the success or failure of a business operator. Researchers in the field of franchising, however, believe that to succeed as a franchisee, a business operator does not have to have high entrepreneurial skill levels. This study, titled ＂Whether Franchisees Can Claim to be Entrepreneurially Skilled--Three-Pronged Perceptions＂, surveyed 32 franchisees, 45 experts, and 64 independent entrepreneurs. It hypothesized that： （1） Independent entrepreneurs have higher skill levels than franchisees; （2） independent entrepreneurs＇ performance is better than franchisees＇ due to the differences in skill levels. Each of the franchisees and independent entrepreneurs was asked to rate themselves on a Likert scale against a list of traits or characteristics believed to determine levels of entrepreneurship. The experts were requested to rank within the scale whether independent entrepreneurs excel in entrepreneurial skills at the expense of franchisees. Franchisees ranked themselves at 3.5, on average, while independent entrepreneurs ranked themselves at 4.2 in the scale 1-5, with 5 indicating highest skill. On this basis, Hypothesis 1 is proved correct, i.e. independent entrepreneurs have higher entrepreneurial skill levels and at least they perceive themselves so. Experts, with an average rating of 3.4 within the scale, also seem to agree that independent entrepreneurs excel in entrepreneurial skills at the expense of franchisees. Using sales revenue and sales per employee as measure of performance, the study established average sales for franchised units at P275,038, while those for independent entrepreneurs were P86,437. Sales per employee ranged between P6 118 and P23,170 for franchised units, and between P8,207 and P 14,281 for independent entrepreneurs. This leads to the rejection of hypothesis 2 （Note： P denotes Botswana Pula. P9,0253 = US$1 as at 09/09/14）. Multivariate tests demonstrated, through Wilk＇s Lambda Test Statistic, that the profiles deviated significantly from parallelism. The study therefore concluded that while independent entrepreneurs are more skilled than franchisees, their performance is inferior to that of franchisees. This conclusion might persuade many countries to promote franchising as a strategy.

High performance work systems and corporate performance： the influence of entrepreneurial orientation and organizational learning

This study investigates the functioning mechanisms of how high performance work systems （HPWS） affect organizational performance. We propose that （HPWS） can positively affect organizational performance through the mediating role of entrepreneurial orientation. An organization with high performance work systems can perform better if it enjoys high level of organizational learning. We design and administer a survey questionnaire to high-level executives or founders of companies from manufacturing and service industries and receive 176 valid responses. The results of the empirical data indicate that the relationship between high performance work systems and corporate performance is more positive when organizational learning is stronger. Entrepreneurial orientation partially mediates the relationship between high performance work systems and organizational performance. This study opens new research avenues by extending and incorporating explanations and predictions of HPWS and entrepreneurial orientation, two areas that largely have been considered independently of each other. Implications for practice and directions for future research are provided.

Organizational Ambidexterity and Innovation Performance： The Moderating Effect of Entrepreneurial Orientation

The influence of organizational ambidexterity on innovation and the growth of enterprises has gradually become an important research topic in the field of strategic management and organization theory. This paper builds up a theoretical framework of the relationship between organizational ambidexterity and innovation performance with regards to corporate entrepreneurship orientation. We select 175 companies from high and new technology industries in China＇s three large cities, Beijing, Tianjin and Dalian, as samples to carry out an empirical test. We find that the balance and complement of organizational ambidexterity are positively correlated with the innovation performance of enterprises; a corporate entrepreneurial orientation has a significantly moderating effect on the relationship between the balance dimension of organizational ambidexterity and innovation performance, yet it has no significant positive moderating effect on the relationship between the combined dimension oforganizational ambidexterity and innovation performance.

Entrepreneurial Orientation and Performance of Chinese High-Tech Firms： The Mediating Role of Organizational Learning and Moderating Role of Firm Life Cycle

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.

The roles of gamification, knowledge creation, and entrepreneurial orientation towards firm performance

In a highly competitive industry,it has been a best practice that dynamic capabilities guide technology firms to cope with challenging situations.Meanwhile,knowledge creation enables the firm to condition the success and continuity of innovations,entrepreneurial orientation to support companies in winning the competition,and gamification to engage employees in a collaborative way towards better firm performance.This study examines how technology companies can improve their performance using gamification,knowledge creation,and entrepreneurial orientation.To test the proposed model,we collected data using a questionnaire survey of 124 technology companies in Indonesia.The theoretical model used structural equation modeling(SEM)with SmartPLS 3.The results show that all constructs have a direct and positive relationship,except for the direct relationship between gamification and firm performance.Thus,entrepreneurial orientation and knowledge creation are essential components of technology companies that mediate the effect of gamification on firm performance.This study provides a theoretical and empirical basis for the antecedents of technological firm performance.

In teg rati ng organizati on al lear ning with high-performance work system and entrepreneurial orientation: a moderated mediation framework

This study proposes a moderated mediation model to investigate the relationship between organizational learning and firm performance. We argue that entrepreneurial orientation mediates the positive effect of organizational learning on firm performance. Furthermore, the relationship between organizational learning and entrepreneurial orientation is strengthened when firms employ a higher level of high-performance work system. Hypotheses are supported by data from 181 firms operating in the manufacturing and service industries in China. Statistical results further reveal that a high-performance work system has different moderating effects on exploitative learning and exploratory learning. This research extends our understanding of organizational learning theory, entrepreneurship and human resource management literature by cross-fertilizing constructs in these fields with empirical evidence.

知识获取视阈下创业学习对新创企业创新绩效的影响机制——环境动态性的调节作用

新创企业需要弥补“新生弱”缺陷,在动态环境下选择适当的创业学习模式、获取创业知识,促进企业持续创新和成长。基于创业学习理论,利用288份新创企业调研问卷,构建有调节的双中介理论模型,研究创业学习与新创企业创新绩效的因果关系,探究创业知识的中介作用,同时,引入环境动态性作为创业学习影响创业知识获取的边界条件。研究结果表明:①创业认知学习和实践学习对企业创新绩效具有促进作用,加入创业知识后,其在创业认知学习、创业实践学习与企业创新绩效间均具有完全中介作用;②创业认知学习与实践学习对创业显性知识、隐性知识均具有促进作用,而创业认知学习的正向影响更大;③环境动态性在创业认知学习与创业显性知识间具有负向调节效应,而在创业实践学习与创业显性知识间具有正向调节效应。结论启示,新创企业要善于结合外部环境并选择有效的创业学习方式,促进创业知识获取并进一步提升企业创新绩效。

政府补贴会提升返乡农民工创业绩效吗——基于西部地区脱贫县的调查

借助892份西部地区脱贫县的调研数据,运用Logit模型实证研究政府补贴对返乡农民工创业绩效的影响。研究发现,政府补贴显著提升返乡农民工的创业绩效,结果在进行稳健性检验后依然有效。异质性分析结果表明,政府补贴对涉农创业、新生代及家庭位于山区的农民工创业绩效的促进作用更明显;获得政府补贴的返乡农民工通过扩大创业规模来提高创业绩效。因此,应有效利用政府补贴,促进返乡农民工创业规模扩张;鼓励新生代农民工返乡创业,为涉农创业者群体提供多元指导,优化山区农民工家庭的创业保障体系,拓宽贫困山区农民创业路径。

用户资源创新能力、创业模式与创业绩效关系研究——基于众创空间的双重网络嵌入的调节作用

资源对用户开展创业活动至关重要,但对用户创业者资源创新能力影响创业模式选择以及关于创业绩效理论机制的探讨较少。通过构建不同资源创新能力、创业模式与创新绩效之间的匹配关系模型,对221家嵌入众创空间的用户创业企业进行实证研究。结果发现:①资源获取创新能力有助于用户创业者选择协同型创业模式并促进生存绩效提升;②资源利用创新能力有助于用户创业者选择自主型创业模式并促进成长绩效提升;③创业模式在资源创新能力对创业绩效影响中发挥部分中介作用;④众创空间双重网络嵌入对资源创新能力与创业模式关系以及创业模式与创业绩效关系发挥正向调节作用。

Testing Operating Performance of Chinese Listed Firms before and after Cross-border M&As: The Role of Entrepreneurial Orientation

At a time when China encourages its firms to go overseas,especially to countries and regions involved in its"Belt and Road Initiative",and sets up a favorable domestic environment for innovation and entrepreneurship,this paper is a first trial looking along both the two dimensions to test whether Chinese firms’operating performance changes after cross-border merger and acquisition(CBM&A)activities,using entrepreneurial orientation(EO)as a moderating factor.The paper combines data from Chinese listed firms’annual reports,Chinese stock market financial statements database and the Zephyr database from 2001 to 2015 to examine how acquirers’operating performance changes after CBM&A activities using EO as a moderating factor.In order to test whether the results are affected by the stock market,this paper also defines abnormal return on equity(ROE)to detect abnormal operating performance.After these,the paper divides the sample into separate industry groups to see whether results will change.The results obtained for the whole sample show that the performance of Chinese listed firms is fluctuant after CBM&As within the sample years.It increases one year after the acquisition but drops two years later and then follows an increasing trend again.The moderating factor of EO is not significant for the sample as a whole.However,after dividing the sample into separate industry groups,it becomes clear that different industries have their own characteristics.EO helps Chinese listed firms to adjust to the post-acquisition situation and even to improve their performance to some extent in the metal mining industry and the business services industry.When ROE is substituted with abnormal ROE,the results do not change much.

数字化转型、动态能力与企业绩效——来自中国制造业上市公司的经验证据

基于资源基础理论和动态能力理论,构建了数字化转型—动态能力—企业绩效模型,并把创业导向作为调节变量引入其中,以A股制造业上市公司为研究样本,通过实证分析发现:数字化转型对企业绩效有显著的积极影响;动态能力在数字化转型与企业绩效关系中起中介作用;创业导向在数字化转型与企业绩效关系中起正向调节作用;数字化转型对企业绩效的影响存在异质性和滞后效应。结论丰富和扩展了数字化转型对企业绩效影响的实证研究,并为企业数字化转型提供了可行性建议。

实体企业金融化的环境绩效:内在机制与经验证据

基于2011—2020年沪深A股实体上市公司数据,考察了实体企业金融化的环境绩效与形成机制,并进一步分析了企业家相关才能的调节效应。研究发现:(1)实体企业金融化对环境绩效呈现先促进后抑制的倒U型关系,这一结论在使用多种方法进行稳健性检验后依然成立;(2)实体企业金融化在东部地区和非国有企业中具有显著环境绩效,制造业企业金融化则更易产生消极的环境绩效;(3)实体企业金融化初期的转型效应带来了积极的环境绩效,而随着金融化进程加深,其对创新的挤出效应产生了消极的环境绩效;(4)进一步分析发现,随着实体企业金融化不断推进,企业家相关才能具有显著正向调节效应。

基于文本分析的中国数字创业政策评价研究

随着数字经济在中国的蓬勃发展,数字创业面临着巨大的机遇和挑战,对于数字创业政策的有效评估有助于了解政策不足并推动区域数字创业进一步发展。基于此,利用文本分析方法对中国省级层面实施的数字创业政策进行了深入分析,在计算区域创业绩效水平的基础上探究不同类别省份的数字创业政策特征,利用PMC指数法分析区域数字创业政策的总体有效性及维度特征。该研究可为中国不同类型省份进一步优化政策布局提供参考。

返乡农民工创业失败经历对其创业绩效的影响

探究返乡农民工以往的创业失败经历对当前创业绩效的影响,对促进农户增收,实现乡村振兴具有重要意义。返乡创业失败的农民工再次创业的表现不仅关系到其个人的切身利益,更直接影响当地的创业氛围和乡村振兴战略的顺利推进。基于田野调查获得的数据,运用二元Logistic模型和中介效应模型方法定量分析创业失败经历对西部地区脱贫县返乡农民工再创业绩效的影响,并探讨其作用机制。结果表明:有先前创业失败经历的样本对象占41.62%,创业失败经历明显负向影响其当前的创业绩效;从作用机制来看,风险应对能力在创业失败经历对再创业绩效的影响过程中发挥着中介作用,创业失败经历抑制了再次创业的返乡农民工的风险应对能力,进而引致他们的创业绩效降低。此外,创业失败经历对生存型创业以及非农创业绩效的抑制更为明显。据此,建议构建多元化的创业学习培训体系,充分发挥榜样的帮扶引领作用,为再创业者提供多元化的信息支持,以阻断先前失败创业经历对返乡农民工再创业的消极影响,增强他们的风险应对能力,促进他们再创业绩效的提高。