The role of managers' political networking and functional experience in new venture performance: Evidence from China's transition economy
The role of managers' political networking and functional experience in new venture performance: Evidence from China's transition economy
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DOI：
10.1002/smj.605
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发表时间：
2007-08-01
影响因子：
8.3
通讯作者：
Zhang, Yan
中科院分区：
文献类型：
--
作者：
Li, Haiyang;Zhang, Yan
运用资源基础观和交易成本经济学，本研究旨在考察转型经济中不同类型的管理资源(即政治网络和职能经验)如何有益于新创企业。利用中国所在高技术产业中新创企业的调查数据，我们发现管理者的政治人脉和职能经验与新创企业绩效正相关。我们还发现，功能体验与新创企业绩效之间的正向关系受到企业所有权类型和环境中非功能性竞争水平的调节。讨论了理论和管理方面的影响。版权所有(C)2007 John Wiley&Sons，Ltd.
Drawing upon the resource-based view and transaction cost economics, this study aims to examine how various types of managerial resources (i.e., political networking and functional experience) can be beneficial to new ventures in a transition economy. Using survey data from a sample of new ventures in China's high-technology industries, we demonstrate that managers' political networking and functional experience are positively related to new venture performance. We also find that the positive relationship between, functional experience and new venture performance is moderated by the type of ownership of the ventures and the level of dysfunctional competition in their environments. Theoretical and managerial implications are discussed. Copyright (c) 2007 John Wiley & Sons, Ltd.