创业导向、家族涉入与新创家族企业成长  

Entrepreneurial Orientation,Family Involvement and Growth of New Family Ventures

作　　者：刘小元[1,2] 林嵩[1] 李汉军[1] 

机构地区：[1]中央财经大学商学院,北京100081 [2]中央财经大学中国家族企业研究中心,北京100081

出　　处：《管理评论》2017年第10期42-57,共16页Management Review

基　　金：国家自然科学基金项目(71102121;71572208);国家社会科学基金项目(12BGL011);教育部新世纪优秀人才支持计划(NCET-13-1053)

摘　　要：本文关注的是新创家族企业创业导向的问题。基于创业导向和企业绩效关系的理论框架,运用中国京津冀地区407个新创家族企业的样本,实证检验了创业导向和新创家族企业成长的关系,研究表明创业导向对新创家族企业的成长具有正向影响。并运用社会情感财富理论,构建家族涉入影响新创家族企业创业导向作用效果的理论逻辑,实证研究家族涉入对创业导向和新创家族企业成长关系的调节作用。研究发现,家族涉入负向调节创业导向与新创家族企业成长的关系,家族涉入程度越高,创业导向对新创家族企业成长的正向影响越弱。涉及到创业导向维度,只有前瞻性维度和新创家族企业成长呈显著的正向关系;家族涉入负向调节创新性维度、风险承担性维度与新创家族企业成长的关系。基于上述结论,提出了针对创业者和新创家族企业的管理启示。This study focuses on the entrepreneurial orientation（ EO） of new family ventures. Based on the framework of the relationship between EO and firm performance,this paper empirically studies the influence of EO on firm growth,using a sample of 407 new family ventures in Beijing-Tianjin-Hebei region. The result indicates that EO has a positive effect on the growth of new family ventures. Moreover,this study uses the theory of socioemotional wealth to construct the theoretical logic of the influence of family involvement（ FI） on the relationship between EO and growth,and then conducts an empirical test. The results also show that family involvement negatively moderates the relationships between EO and growth,in such a way that a firm＇s EO will have less intense influence on growth when family involvement is higher. Specifically,a firm＇s proactiveness is positively related to its growth,and FI negatively moderates the relationship between innovativeness and growth and the relationship between risk-taking and growth. Based on above conclusions,this study also provides some management implications for new family ventures and entrepreneurs.

关 键 词：创业导向 企业成长 家族涉入 新创家族企业 

分 类 号：F276.5[经济管理—企业管理]