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| The Impact of Incubation Network Diversity and Effectuation on the Legitimacy of Incubating Enterprises |
| Liu Ning,Hu Haiqing,Wang Zhaoqun,Zhang Lang |
| （School of Economics and Administration，Xi'an University of Technology，Xi'an 710054，China） |
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Abstract Lack of legitimacy is still an important obstacle to the survival and development of new ventures.It is necessary to conduct indepth research on the preinfluencing factors and their mechanism of action on the legitimacy of new ventures.Taking incubating enterprises as the research object,this paper uses multiple regression analysis to explore the relationship between incubation network diversity and legitimacy of incubating enterprises,and the mediating effect of effectuation.The results show that: network diversity has a significant positive impact on the experiment,tolerable loss,flexibility,prior commitment and the legitimacy of incubating enterprises.Experiment,tolerable loss,flexibility and prior commitment have a significant positive impact on the legitimacy of incubating enterprises.Experiment,tolerable loss,flexibility and prior commitment play a part of intermediary role between incubation network diversity and the legitimacy of incubating enterprises.This study reveals the general path of incubation network to promote the legitimacy of incubating enterprises,verifies the role of effectuation in the process of building legitimacy of incubating enterprises,and provides a reference for the selection of decision logic and the cultivation of legitimacy of incubating enterprises.
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Received: 15 November 2019
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