Title :
Empirical analysis on relationship among government intervention, resource acquisition and new venture performance
Author :
Chun-Ping Huang ; Pu Liu ; Wei-Jun Chen ; Cui-Ping Chen ; Jing-min Zhang
Author_Institution :
Sch. of Econ. & Manage., Hebei Univ. of Technol., Tianjin, China
Abstract :
On account of the resource-based theory, 88 new ventures have been sampled for the empirical research, the three relations of the government intervention, resource acquisition and new venture performance are tested, thus draws a conclusion: (1) the influence of the government intervention on the new venture performance is not significant; (2) the new venture´s resource acquisition and its performance is significantly positive correlation; (3) the government intervention to the new venture´s financial resources acquisition has negative significant influence; (4) when resource acquisition is introduced as a intervening variable, government intervention has significant effect on venture performance.
Keywords :
financial management; government; venture capital; government intervention; new venture financial resource acquisition; new venture performance; resource-based theory; Companies; Correlation; Economics; Government; Inspection; Mathematical model; Standards; government intervention; new venture; new venture performance; resource acquisition;
Conference_Titel :
Service Systems and Service Management (ICSSSM), 2015 12th International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-4799-8327-8
DOI :
10.1109/ICSSSM.2015.7170246