The Impact Of Entrepreneur's Social Network On Firm Performance

There are so many valuable problems need to be discovered in Chinese "relationship" society:how the entrepreneur's relationship act upon the firm's operation and performance? Do entrepreneurs need to spin consciously to make better use of the relationship network? How to maximize the use of entrepreneurs' social network resources so as to enhance the firms' performance? The answers to these questions contribute to a deeper understanding of entrepreneurs' social networks and their impact on firm's performance.It also helps entrepreneurs to hold the right way to set up and use social networks effectively,thus to enhance the competitiveness of enterprises and performance.To address these issues is of great theoretical and practical significance.This study was designed to analyze the mechanism of effect of the entrepreneurs' social network on firm's innovation capability and performance.We analysis the consistent of entrepreneur's social network,and put forward a three factor model of entrepreneur's social network which consisted of power,resource and information. Then we analyze the relationship between the various components of entrepreneur's social network and their impact on firm's performance.We build a mechanism model of entrepreneurs' social network working on the firm's performance.We use empirical research methods to test the model,and reveal how the social network of entrepreneurs influences corporate performance.This research provides a theoretical support for how to fully bring the social network of entrepreneurs into play.At the beginning,this thesis review the research of entrepreneur's social network, and cast back the theoretic foundation of social network theory.Based on the theoretical review and the findings of interviews with entrepreneurs,we set up the theoretical model.In the process of data collection,we has taken a variety of ways to ensure that data collected by the reliability and effectiveness,including scientific and rational design of the questionnaire,the strict management of the process of issuing and retrieving,and exclude the impact of interfering factors as far as possible.In the measurement of variables,taking the reference of the existing theory and empirical research result domestic and international,we established the measurement of dependent variables and explanatory variables to ensure the validity of variables is high.We tested the measurement model,the results shows that each variable measurement is to meet the reliability and validity requirements.In the analysis methods,we use Structural Equation Modeling to test the theoretical model;results show that the theoretical model fit the data well.With pass analysis,we analysis the direct and indirect effects of the scale of entrepreneur's social network and closeness between members as well as structural holes on organizational knowledge acquisition capabilities,applications and corporate performance.From the research,we find out that thre three factors,the power;resource and information character all have remarkable positive influence on firm's performance. The entrepreneurs' social network also promote the firm's performance through enhancing the learning abiity of organization.The research results show that the positive effect of entrepreneur's social network on firm's performance is significance, but the process is complex.