4.3 Article

Entrepreneurs' passion and new venture performance in China

Journal

Publisher

SPRINGER
DOI: 10.1007/s11365-017-0435-x

Keywords

Entrepreneurs' passion; China; Organizational innovation; New venture performance; Entrepreneurs' Zhong-yong thinking

Funding

  1. National Natural Science Foundation of China [71371177]
  2. Chinese Society of Academic Degree and Graduate Education [2015Y0503]
  3. Revitalization Project of Higher Education in Anhui Province [2015zdjy003]
  4. Natural Science Foundation of Anhui Province [1708085MG174]

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This study investigates the mediating role of organizational innovation in the relationship between entrepreneurs' passion and new venture performance in China. We also examine the moderating role of the Zhong-yong thinking of entrepreneurs in the abovementioned relationship to explore the influencing mechanism of entrepreneurs' passion in non-Western societies. Results from 154 Chinese new ventures support the positive relationship between entrepreneurs' passion and new venture performance and the mediating role of organizational innovation. The Zhong-yong thinking of entrepreneurs can also strengthen the relationship between entrepreneurs' passion and organizational innovation. Finally, the theoretical and practical implications of these findings are discussed.

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