基于资源观的孵化器与创业投资对创业绩效的影响研究

【作者】 李琳；

【导师】 张根明；

【作者基本信息】 中南大学 ， 管理科学与工程， 2009， 硕士

【摘要】 随着科学技术的高速发展和市场竞争的日益激烈,初创企业仅利用自身拥有的有限资源和研发能力已很难在激烈的竞争环境中获得竞争优势,外部寻求资源已经成为提高初创企业成长绩效的一个关键要素。而孵化器与创业投资正是企业可以从外部寻求的两种重要的资源,它们在提高企业成长绩效、推进科技成果转化、促进高新技术产业化发展等方面都起到了不可忽略的作用。本论文在文献研究的基础上,提出了孵化器与创业投资通过企业的技术转化能力促进企业成长绩效提升的概念模型,并以我国初创企业为研究对象,采用问卷调查方法进行了数据收集,利用因子分析、多元回归分析等方法对样本数据进行了实证研究,分析了技术转化能力的市场影响范围、技术吸收整合能力和商品化速度对企业成长绩效的影响,并着重分析孵化器与创业投资在这个影响过程中所起的作用。本文的研究结果证实了孵化器与创业投资在技术转化能力和创业绩效之间发挥着调节作用。孵化器支持更有利于那些能迅速将产品推向市场的初创企业,相反,创业投资支持更有利于那些拥有较高技术吸收整合能力或较大市场影响范围的初创企业。此外,本文进行企业技术转化能力的实证性研究,将Nevens的技术转化能力支持维度进行了中国情境下的实证验证。目前我国对于技术转化能力的研究主要还停留在定性分析的基础上,本文通过设计和开发量表,进行因子分析,得出的结论说明技术转化能力理论在中国背景下与初创企业的适配性。研究结果对于进一步认识孵化器和创业投资对创业绩效的影响具有借鉴意义,并提出初创企业在初期运营和发展上的建议。更多还原

【Abstract】 With the development of high-technology and increasingly fierce competition, firms will win competitive advantage not only by the possession of its internal limited resources and R&D capability, but also by striding forward to make use of their external resources to improve venture growth performance. The incubator and venture capital are both playing an important role in improving the performance of new venture, advancing the technology commercialization, promoting the development of new high-tech industry.Based on the past literature, a conceptual model is developed to deduce the relationship among business incubator, venture capital, technology commercialization (TC) competence and new venture performance. Considering the role of new venture, we received 136 new ventures’questionnaires. In the data processing aspect, some methods such as factor analysis, multiple linear regression were used to quantitative analysis, then it verfied hypltheses of the model. The thesis analyzes the relationship between TC competence(commercialization speed, market scope and technology breadth) and new venture performance through the data of new venture in China, then finds out how business incubator and venture capital improve entrepreneurial performance.The results of the regression analysis indicate that incubator and venture capital supports play the moderating roles in affecting the relationships between TC competence and new venture performance. Incubator support is more helpful to new ventures when they possess a higher degree of commercialization speed competence. On the contrary, new ventures would get a better improvement effect on the performance through the help of venture capitalist when they possess a higher degree of market scope competence and a higher degree of technology breadth competence. It also carries through the empirical study on the corporates’ TC competence, it verifies the Nevens’ three-dimensional model of TC competence on the background of China. In theoretical field, it has been less mentioned, the thesis designs and develops questionaires to carry through factor analysis, then it also gets some meaningful conclusions. According to this result, we provide some suggestions to promote the performance of new ventures.更多还原