Roles of entrepreneurial orientation andguanxinetwork with parent university in start-ups’ performance: evidence from university spin-offs in China

Dejin Su · Dong‐Won Sohn

30 citations0/0 files storedAsian Journal of Technology Innovation

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Entrepreneurship Studies and Influences Innovation and Knowledge Management Firm Innovation and Growth

Abstract

The aim of this study is to examine the roles of entrepreneurial orientation (EO) and the guanxi network with parent university (GNPU) in the creation of university spin-offs (USOs). The study replicates and extends previous research on academic entrepreneurship by providing an empirical analysis using data from 140 USOs in China. The empirical results indicate that three dimensions of EO (innovativeness: IN; proactiveness: PR; and risk-taking: RT) and GNPU have positive effects on the financial performance (FP); PR, RT, and GNPU have positive effects on non-financial performance (NFP) of USOs. In the context of moderating effects, this study finds that only GNPU positively moderates the relationships between IN and FP as well as between PR and NFP, failing to find others. Generally speaking, EO is an important strategic asset and GNPU is an important organisational resource that underpin the establishment of USOs. In addition, we also provide some important theoretical and practical implications for scholars, practitioners, and policy-makers.

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References

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2016The mediating effects of self-leadership on perceived entrepreneurial orientation and innovative work behavior in the banking sector 2023The Role of Higher Education Institutions and Entrepreneurial Orientation in the Creation and Development of Academic Spinoffs 2023Process and variance research: Integrating research on university spinoff evolution 2017The Contribution of University Spin-Offs to the Competitive Advantage of Regions 2020Academic entrepreneurship in China: individual human capital and institutional context in higher education organisations

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