The Relationship between Entrepreneurs Power and New Venture’s Independent Innovation ntention: A Cross-Level Analysis Based on Dissimilarity in Age and nowledge Background between Entrepreneurs and Their Teams
ZHENG Yaoyi，DAI Shufen1，SU Yi
1.University of Science and Technology Beijing， Beijing， China；2. Harbin Engineering University， Harbin， China
Abstract Considering the age differences and its directivity between entrepreneurs and their teams, this study uses panel data from the new ventures of the China’s GEM, and empirically tests the impact of the entrepreneurs’ power intensity (EPI) on the independent innovation intention of new ventures (NVI) from the perspective of entrepreneurs’cross-level age dissimilarity. Results show that EPI has a significant positive impact on the NVI. The decomposition of EPI shows that the impact is more obvious in the structural power and prestige power. This positive effect will be weakened with the increase of entrepreneurs’cross-level age dissimilarity, which is particularly prominent in structural power. Relative to age-inverse dissimilarity, age-consistent dissimilarity has a stronger negative impact on the relationship between EPI and NVI, which is more obvious in the structural power. The higher the entrepreneurs’ cross-level knowledge heterogeneity, the less the negative moderating effect age-consistent dissimilarity has on the relationship between EPI and NVI.
ZHENG Yaoyi,DAI Shufen1,SU Yi. The Relationship between Entrepreneurs Power and New Venture’s Independent Innovation ntention: A Cross-Level Analysis Based on Dissimilarity in Age and nowledge Background between Entrepreneurs and Their Teams[J]. Chinese Journal of Management, 2021, 18(3): 381-.
