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How Does Entrepreneurial Institutional Environment Influence Firm Innovation Performance |
Gao Hui1,Zou Guoqing1,2 |
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Abstract In transitional economy,firm's innovation performance difference is not only caused by entrepreneurial institutional environment,but also influenced by top managers' mental models.In order to explore the internal mechanism of institutional environment's influence on innovation performance,we introduce entrepreneurial orientation as the mediator and CEO narcissism as the moderator according to the integration of institution theory and upper echelon theory.Through empirical analyses to a sample of new hightech enterprises from Beijing,Jilin,Gansu,Chongqing,Shanxi and Fujian provinces,the results show that entrepreneurial orientation plays a mediating role between entrepreneurial institutional environment and firm innovation performance; CEO narcissism moderates the relationship between entrepreneurial institutional environment and entrepreneurial orientation,and the mediation of entrepreneurial orientation positively.These results expand institution theory and upper echelon perspectives,and provide implications for firms to improve innovation performance.
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