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| Research on the Influence Mechanism of Government Support on the Entrepreneurial Performance of High-Level Talents |
| Xiang Saihui,Sun Yonghe |
| (Faculty of Management and Economics, Kunming University of Science and Technology, Kunming 650093, China) |
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Abstract The 5th Plenary Session of the 19th CPC Central Committee clarifies that attention will be paid to innovation and entrepreneurship in the 14th Five-Year Plan and long-term target of 2035, in order to promote double circulation in domestic and international scope. Among them, high-level talent entrepreneurship is the key. Based on entrepreneurial performance theory, entrepreneurial network theory and self-efficacy theory, a theoretical model of government support affecting the entrepreneurial performance of high-level talents is built up with the self-efficacy as an intermediary variable and the relationship strength of entrepreneurial network as a moderating variable. The data samples are from high-level talent entrepreneurship park, youth entrepreneur association, local chambers of commerce, and previous provincial governor award winners of youth entrepreneurship. The study shows that government support has a significantly positive impact on the entrepreneurial survival and success performance of high-level talents. The knowledge internalization ability and extroversion learning belief of self-efficacy are the intermediary variables of entrepreneurial survival and success performance process respectively during the period of initial stage and growth period. Strong entrepreneurial network strength and weak entrepreneurial network strength also have a positive moderating impact on entrepreneurial survival and success performance process respectively during the period of initial stage and growth period.
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Received: 26 November 2020
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