The roles of political and business ties in new ventures: Evidence from China

This study investigates how political and business ties affect new-venture performance in China. Findings from the archival data of 105 Chinese new ventures indicate that political ties positively relate to new-venture performance, whereas business ties do not. More importantly, this research presen...

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Vydané v:Asian business & management Ročník 13; číslo 5; s. 411 - 440
Hlavní autori: Lin, Ya-Hui, Chen, Chung-Jen, Lin, Bou-Wen
Médium: Journal Article
Jazyk:English
Vydavateľské údaje: London Palgrave Macmillan UK 01.12.2014
Palgrave Macmillan
Predmet:
Asian Culture
Business
Business and Management
Business government relations
China
Economic growth
Economic performance
Externalities
Hypotheses
International Business
Investigations
Joint ventures
Organizational effectiveness
Original Article
Politics
Small and medium sized enterprises
Social capital
Startups
Studies
Ventures
China
outward growth orientation
new venture
political ties
business ties
ISSN:1472-4782, 1476-9328
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Abstract This study investigates how political and business ties affect new-venture performance in China. Findings from the archival data of 105 Chinese new ventures indicate that political ties positively relate to new-venture performance, whereas business ties do not. More importantly, this research presents a contingent view of political and business ties and offers evidence that these ties can lead to greater new-venture performance when the new venture has a higher level of outward growth orientation. The external ties/new-venture performance links emerge as more complex than prior studies have shown.
AbstractList This study investigates how political and business ties affect new-venture performance in China. Findings from the archival data of 105 Chinese new ventures indicate that political ties positively relate to new-venture performance, whereas business ties do not. More importantly, this research presents a contingent view of political and business ties and offers evidence that these ties can lead to greater new-venture performance when the new venture has a higher level of outward growth orientation. The external ties/new-venture performance links emerge as more complex than prior studies have shown.
Author Chen, Chung-Jen
Lin, Bou-Wen
Lin, Ya-Hui
Author_xml – sequence: 1
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  surname: Lin
  fullname: Lin, Ya-Hui
  email: d97741004@ntu.edu.tw
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– sequence: 2
  givenname: Chung-Jen
  surname: Chen
  fullname: Chen, Chung-Jen
  organization: Graduate Institute of Business Administration, College of Management, National Taiwan University
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  givenname: Bou-Wen
  surname: Lin
  fullname: Lin, Bou-Wen
  organization: Institute of Technology Management, National Tsing Hua University
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Keywords outward growth orientation
new venture
political ties
business ties
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Snippet This study investigates how political and business ties affect new-venture performance in China. Findings from the archival data of 105 Chinese new ventures...
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SubjectTerms Asian Culture
Business
Business and Management
Business government relations
China
Economic growth
Economic performance
Externalities
Hypotheses
International Business
Investigations
Joint ventures
Organizational effectiveness
Original Article
Politics
Small and medium sized enterprises
Social capital
Startups
Studies
Ventures
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Title The roles of political and business ties in new ventures: Evidence from China
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