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Impact of Creative Characteristics of Technical Entrepreneurs on Enterprise Performance |
Li Bin1,Chen Qiandi1,Wang Yalan2,Sun Xiaoming2 |
(1.School of Economics and Management, Beijing University of Chemical Technology,Beijing 100029,China;2.School of Management, Xi'an University of Architecture and Technology, Xi'an 710055,China) |
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Abstract The national strategy of "Mass Entrepreneurship and Innovation" encourages researchers to participate in innovation and entrepreneurial activities to improve the efficiency of the industrialization of science and technology, However, in reality, not many technicians choose entrepreneurial methods to commercialize innovative achievements, and there are technicians reluctant to participate in any link of commercialization, which brings obstacles to tacit knowledge transfer and reduces the efficiency of successful commercialization of innovative technologies. The individual's willingness of entrepreneurship is influenced by many factors, and the expectation of the performance of enterprises is an important factor influencing the decision of scientific and technological personnel to choose entrepreneurship. #br#In the research of enterprise performance, the research on the influence of entrepreneurs on enterprise performance has been a hot issue. According to the upper echelons theory, many scholars have studied the relationship between entrepreneurs' background characteristics and entrepreneurial enterprise performance, and verified that the improvement of enterprise performance is closely related to some characteristics of entrepreneurs from the perspectives of age, educational background, professional background, previous experience, social capital and so on. Some researchers argue that in addition to the background characteristics of entrepreneurs, the performance of entrepreneurial enterprises may also be affected by the inherent attribute of enterprise size. By reviewing the relevant literature, this paper proposes thatthere is no definite and omnipotent answer to the question whether the scale effect of enterprises is increasing, unchanged or decreasing, and it needs to be analyzed according to the specific situation and careful empirical analysis.#br#This study investigates the influence of creativity characteristics specific to technology-based entrepreneurs on the performance of entrepreneurial ventures, which helps to understand the behavioral patterns of researchers' choice of innovation and entrepreneurial decisions. It has been proved that the technical characteristics background of entrepreneurs has an important impact on the performance of enterprises, but there is a lack of theoretical explanation of how the level of technical creativity of entrepreneurs affects the performance of entrepreneurial enterprises. In this paper, a multiple linear regression analysis is conducted to verify the relevant theoretical hypotheses using a sample of enterprises listed on the Shenzhen Stock Exchange GEM in 2020. The results show that the level of creativity (patent quality and number of patents) of technology-based entrepreneurs has a significant positive effect on firm performance, and the effect of creativity level of technology-based entrepreneurs on firm performance has an inverted U-shaped relationship with firm size at different firm sizes, with the greatest significant effect of creativity level of technology-based entrepreneurs on firm performance in medium-sized firms and no or small effect on performance in large and small firms. In medium-sized firms, the level of creativity of technical entrepreneurs has the greatest significant effect on firm performance, while in large and small firms, the effect on performance is insignificant or small.#br#The research results affirm the advantages of technicians' entrepreneurship and encourage technicians to actively carry out entrepreneurial activities in response to the national needs; the research results help technicians clarify their entrepreneurial ideas and realize the importance of continuous learning in the process of entrepreneurship; in addition, while guiding and encouraging technicians to start businesses, national policies should also be focused on the entrepreneurial ability of technicians. The government should provide all-round support for the success of their entrepreneurship, for instance, the government could build a platform for technical personnel evolving to be entrepreneurs, construct a learning system for the sustainable growth of technical entrepreneurs and improve the comprehensive ability of technical entrepreneurs so as to enhance the courage and confidence of technicians in entrepreneurship.#br#
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Received: 16 April 2021
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