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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Vydáno v:Asian business & management Ročník 13; číslo 5; s. 411 - 440
Hlavní autoři: Lin, Ya-Hui, Chen, Chung-Jen, Lin, Bou-Wen
Médium: Journal Article
Jazyk:angličtina
Vydáno: London Palgrave Macmillan UK 01.12.2014
Palgrave Macmillan
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ISSN:1472-4782, 1476-9328
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Shrnutí: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.
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ISSN:1472-4782
1476-9328
DOI:10.1057/abm.2014.14