In the context of mass entrepreneurship network embeddedness and entrepreneurial innovation performance of high-tech enterprises in Guangdong province
Abstract
Purpose
The study aimed to analyze the influence of network embeddedness on the innovation performance of high-tech enterprises in Guangdong Province.
Design/methodology/approach
A conceptual model of the influence of network embeddedness on the innovation performance of high-tech enterprises in Guangdong province is established, which takes the business model as the mediating variable and political association as the moderating variable. Multivariate statistical analysis and the MacKinnon confidence interval method were used to analyze 418 questionnaires.
Findings
The results show that both relational embeddedness and structural embeddedness have significant positive effects on the innovation performance of high-tech enterprises in Guangdong Province. The business model has a partial mediating effect between relationship embeddedness, structure embeddedness, and innovation performance of high-tech enterprises in Guangdong Province, respectively. Political relevance has a significant negative moderating effect on the relationship between the relationship embeddedness and innovation performance of high-tech enterprises in Guangdong Province, but the moderating effect on structural embeddedness and innovation performance of high-tech enterprises in Guangdong province has not been verified.
Research limitations/implications
The study of this paper also has some shortcomings: very few data research samples exist; the external factors affecting the performance of high-tech enterprises in Guangdong Province need to be further refined. The research scale needs further improvement.
Practical implications
In this paper, embedding theory, transaction cost theory, resource dependence theory, rent-seeking theory, new institution theory and uncertainty management theory were integrated by system attempt to reveal the mediating and moderating roles of business model and political relevance, respectively, between network embeddedness behavior and entrepreneurial innovation performance of high-tech enterprises. The research conclusions expand the relevant research in the field of entrepreneurial innovation. At the same time, the research results provide theoretical support and reference for the innovative growth of high-tech enterprises and government behavior decision-making in Guangdong province.
Originality/value
Network embeddedness will have a profound impact on the entrepreneurial innovation performance of high-tech enterprises. Existing research has overlooked discussing this issue from the perspective of internal and external influencing factors within the enterprise. Therefore, this study addresses this issue by (1) introducing the business model as the mediating variable from an internal perspective of the enterprise, (2) introducing political association as the moderating variable from an external perspective of the enterprise and (3) 418 original questionnaires of high-tech enterprises in Guangdong Province were used to test the effect of the study variables.
Keywords
Acknowledgements
Funding: This research was funded by the Guangdong Provincial Department of Education Youth Innovative Talent Project: Study on the influence mechanism of regional soft environment on the improvement of innovation ability of high-tech enterprises in Guangdong Province (No: 2018GWQNCX023); Guangzhou Science and Technology Planning Project: Study on the influence mechanism and countermeasures of regional cultural environment on the innovation ability of high-tech enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area from the perspective of network embeddedness (No: 2023A04J1072); the Ministry of Education in China Youth Foundation Project of Humanities and Social Sciences: Research on the influence mechanism of institutional environment on innovative enterprise innovation performance (No: 20YJC630116) and Guangdong Mechanical and Electrical Polytechnic High-level Talent Research Start-up Funding Project: Research on the influence mechanism of regional culture on the innovation ability of logistics enterprises in Guangdong Province under the background of deep integration of Guangdong-Hong Kong-Macao Greater Bay Area (No: Gccrcxm-201910).
Citation
Wang, C., Ren, X., Jiang, X. and Chen, G. (2023), "In the context of mass entrepreneurship network embeddedness and entrepreneurial innovation performance of high-tech enterprises in Guangdong province", Management Decision, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/MD-04-2023-0531
Publisher
:Emerald Publishing Limited
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