Returns on Education in the Digital Economy: Evidence from Flexible Workers
In: Emerging markets, finance and trade: EMFT, S. 1-17
ISSN: 1558-0938
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In: Emerging markets, finance and trade: EMFT, S. 1-17
ISSN: 1558-0938
In: Strategic change, Band 30, Heft 6, S. 551-559
ISSN: 1099-1697
AbstractTo attain superior venture performance, entrepreneurs need to extend their networks by engaging many heterogeneous partners and simultaneously casually seeking common goals between their new ventures and these partners. A critical network mechanism underlies the associations between entrepreneurial decision‐making logics, namely effectuation and causation, and entrepreneurial performance. Two network attributes—network heterogeneity and shared goal—play a key role in such a mechanism. Specifically, network heterogeneity mediates the effect of effectuation on entrepreneurial performance, while shared goal not only mediates the effect of causation on entrepreneurial performance but also moderates the network heterogeneity–performance association.
Based on 2018 China's Human Resource Employees Survey Data, this study uses the probit model to examine the impact of entrepreneurial ability and career development on HR's entrepreneurial intention. In terms of entrepreneurial ability, the results show that the educational background of Human Resource Management, cross-disciplinary knowledge, job-hopping experience, and the number of subordinates have significant positive impacts on HR's entrepreneurial intention. In terms of career development, lack of promotion space, skill upgrading opportunities, and lower than expected income have significant positive impacts on HR's entrepreneurial intention, and these impacts are heterogeneous among different enterprises. This study suggests that potential entrepreneurs can be identified from the explicit characteristics, which reflect HR's entrepreneurial abilities, and it is necessary to face up to the influence of career development on HR's entrepreneurial intention and encourage them to participate in on-the-job entrepreneurship. This study suggests that HR's entrepreneurial ability should be regarded as an important starting point for entrepreneurial success, and it is necessary to improve HR's career development system to create more opportunities for on-the-job entrepreneurship, and government should implement differentiated and precise entrepreneurial support policies to encourage HR's entrepreneurship.
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