Entrepreneurs’ passion and new venture performance in China
This study investigates the mediating role of organizational innovation in the relationship between entrepreneurs’ passion and new venture performance in China. We also examine the moderating role of the Zhong-yong thinking of entrepreneurs in the abovementioned relationship to explore the influencing mechanism of entrepreneurs’ passion in non-Western societies. Results from 154 Chinese new ventures support the positive relationship between entrepreneurs’ passion and new venture performance and the mediating role of organizational innovation. The Zhong-yong thinking of entrepreneurs can also strengthen the relationship between entrepreneurs’ passion and organizational innovation. Finally, the theoretical and practical implications of these findings are discussed.
KeywordsEntrepreneurs’ passion China Organizational innovation New venture performance Entrepreneurs’ Zhong-yong thinking
This work is supported by the National Natural Science Foundation of China (71371177), Project of the Chinese Society of Academic Degree and Graduate Education (2015Y0503), Revitalization Project of Higher Education in Anhui Province (2015zdjy003), and Natural Science Foundation of Anhui Province (1708085MG174).
- Amabile, T. M. (1998). How to kill creativity (Vol. 87). Boston: Harvard Business School Publishing.Google Scholar
- Armstrong, J. S., & Overton, T. S. (1977). Estimating nonresponse bias in mail surveys. Journal of Marketing Research, 14(3), 396–402.Google Scholar
- Barboza, D. (2010). China passes Japan as second-largest economy. The New York Times, August 15. http://www.nytimes.com/2010/08/16/business/global/16yuan.html. Accessed: 2016 Nov 17.
- Biraglia, A., & Kadile, V. (2016). The role of entrepreneurial passion and creativity in developing entrepreneurial Intentions: Insights from American Homebrewers. Journal of Small Business Management, doi: 10.1111/jsbm.12242.
- Brislin, R. W. (1980). Translation and content analysis of oral and written material. Handbook of Cross-cultural Psychology, 2(2), 349–444.Google Scholar
- Cai, Z., Cai, Z., Huang, Q., Huang, Q., Liu, H., Liu, H., & Liang, L. (2016). The moderating role of information technology capability in the relationship between supply chain collaboration and organizational responsiveness: evidence from China. International Journal of Operations & Production Management, 36(10), 1247–1271.CrossRefGoogle Scholar
- Cardon, M. S., Sudek, R., & Mitteness, C. (2009b). The impact of perceived entrepreneurial passion on angel investing. Frontiers of Entrepreneurship Research, 29(2) Article1. http://digitalknowledge.babson.edu/fer/vol29/iss2/1. Accessed: 2016 Jan 23.
- Delgado-García, J. B., La Fuente-Sabaté, D., & Manuel, J. (2010). How do CEO emotions matter? Impact of CEO affective traits on strategic and performance conformity in the Spanish banking industry. Strategic Management Journal, 31(5), 562–574.Google Scholar
- Drnovsek, M., Cardon, M. S., & Murnieks, C. Y. (2009). Collective passion in entrepreneurial teams. In Understanding the entrepreneurial mind: Opening the Black Box. Edited by A. Carsrud and M. Brannback. 191–215.New York: Springer.Google Scholar
- Finkelstein, S., & Hambrick, D. C. (1996). Strategic Leadership: Top Executives and Their Effects on Organizations. Minneapolis/St. Paul: West.Google Scholar
- Hambrick, D. C., & Mason, P. A. (1984). Upper echelons: the organization as a reflection of its top managers. Academy of Management Review, 9(2), 193–206.Google Scholar
- Hofstede, G. H., & Hofstede, G. (2001). Culture's consequences: comparing values, behaviors, institutions and organizations across nations. Thousand Oaks: Sage.Google Scholar
- Hrkey. (2012). Chinese's white papers on human resource management in SMEs [in Chinese]. http://news.xinhuanet.com/mrdx/2012-09/07/c_131833781.htm.
- Isen, A. M. (2002). Missing in action in the AIM: positive affect’s facilitation of cognitive flexibility, innovation, and problem solving. Psychological Inquiry, 13, 57–65.Google Scholar
- Ji, L., Lee, A., & Guo, T. (2010). The thinking styles of Chinese people. In The Oxford (Ed.), Handbook of Chinese Psychology, edited by bond and Michael Harris (pp. 155–167). USA: Oxford University Press.Google Scholar
- Kelley, D., Singer, S., & Herrington M. (2012) GEM 2011 Global Report, http://www.gemconsortium.org. Accessed: 2016 Dec 27.
- Li, L. (2009). Entrepreneurship: report of the growth and development of Chinese entrepreneurs [in Chinese]. Beijing: China Renmin University Press.Google Scholar
- Liao, D., & Sohmen, P. (2001). The development of modern entrepreneurship in China. Stanford Journal of East Asian Affairs, 1(1), 27–33.Google Scholar
- Lumpkin, G. T., & Dess, G. G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review, 21(1), 135–172.Google Scholar
- Michl, T., Welpe, I. M., Spörrle, M., & Picot, A. (2009). The role of emotions and cognitions in entrepreneurial decision-making. In Understanding the Entrepreneurial Mind: Opening the Black Box. Edited by A. Carsrud and M. Brannback. 167–190.New York: Springer.Google Scholar
- Ramadani, V., Abazi-Alili, H., Dana, L. P., Rexhepi, G., & Ibraimi, S. (2016). The impact of knowledge spillovers and innovation on firm-performance: findings from the Balkans countries. International Entrepreneurship and Management Journal, 1–27. doi: 10.1007/s11365-016-0393-8.
- Stinchcombe, A. L., & March, J. G. (1965). Social structure and organizations. Advances in Strategic Management, 17, 229–259.Google Scholar
- Edward Tse. (2016). The rise of entrepreneurship in China, at http://www.forbes.com/sites/tseedward/2016/04/05/the-rise-of-entrepreneurship-in-china/#76265eeb6d61. Accessed: 2016 Dec 8.
- UNCTAD. (2015). World investment report 2015: reforming international investment governance. UN. http://unctad.org/en/PublicationsLibrary/wir2015_overview_en.pdf. Accessed: 2017 Jan 5.
- Wu, C. H., & Lin, Y. C. (2005). Development of a Zhong-yong thinking style scale [in Chinese]. Indigenous Psychological Research in Chinese Societies, 24, 247–300.Google Scholar
- Zhang, G., Bai, Y., Caza, A., & Wang, L. (2014). Leader integrity and organizational citizenship behaviour in China. Management and Organization Review, 10(2), 299–319.Google Scholar