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| The Influence of Entrepreneurs Childhood Socioeconomic Status on Radical Innovation: The Perspective of Life History Theory |
| JIANG Shiyao，GAO Xue，JIA Junqi，GAO Runfeng，YANG Hang |
| 1. Lanzhou University of Finance and Economics, Lanzhou, China; 2. Nankai University, Tianjin, China |
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Abstract Drawing upon life history theory, this research developed and tested a theoretical model through the scenario-based experiment and questionnaire survey method to investigate how entrepreneurs’ childhood socioeconomic status, as a distal motivational factor, affect their radical innovation through the proximal mediating motivation of regulatory focus. The results reveal that: ① entrepreneur’s childhood socioeconomic status has a significant negative impact on radical innovation. ② Entrepreneur’s regulatory focus mediates the relationship between childhood socioeconomic status and radical innovation. Entrepreneurs with low childhood socioeconomic status exhibit a higher promotion-focused orientation, thereby positively influence their radical innovation. In contrast, entrepreneurs with high childhood socioeconomic status exhibit a prevention-focused orientation, hindering their radical innovation. ③ Furthermore, entrepreneurs current socioeconomic status moderates the relationship between regulatory focus and radical innovation.
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Received: 24 April 2024
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