SOCIAL CAPITAL, ENTREPRENEURIAL SELF-EFFICACY AND PERFORMANCE OF NEW HIGH-TECHNOLOGY VENTURES

摘要

Data on tenant firms and entrepreneurs of China’s business incubators are collected through a questionnaire survey and an empirical research on the relationship between entrepreneurs’ social capital and entrepreneurial self-efficacy and new high-technology venture performance is conducted by structural equation models. Results find that strong ties of hi-tech entrepreneurs have a significant positive effect on new venture performance, while weak ties have an insignificant effect; both strong and weak ties have a significant positive effect on entrepreneurial self-efficacy; and that entrepreneurial self-efficacy has a significant positive effect on new venture performance.