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| The Relationship between Alliance Network and New Venture Growth: A Contingency Perspective |
| PENG Wei,FU Zhengping |
| 1.Changzhou University, Changzhou, Jiangsu, China; 2.Sun Yatsen University, Guangzhou, China |
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Abstract This study integrates social network theory and institutionbased view to explore the effect of alliance network on new venture growth and investigate the moderating role of institutional environment and industry environment from the contingency perspective. Then it conducts empirical test based on survey data from 189 new ventures in China. Results indicate that ties strength and central position of alliance network both have significantly positive effect on the growth performance of new venture. Moreover, institutional environment completeness has significantly negative moderating role on the relationship between ties strength of alliance network and new venture growth, industry environment dynamics significantly positively moderates the relationship between ties strength of alliance network and new venture growth while significantly negatively moderates the relationship between central position of alliance network and new venture growth.
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Received: 06 November 2013
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2014, Vol. 11 
