| SMEs played an important role in the promotion of market economy development and economic growth mode transformation in our country, have become the main force driving the development of innovative strategy and innovative nation-building. However, with the accelerated technological development, technological upgrading, operation and innovation in an increasingly complex environment in which SMEs face uncertainty also increased rapidly, market competition is more intense. These changes in the objective conditions for technological innovation of SMEs has posed a severe challenge and a major challenge, a large number of small and medium enterprises in the world due to lack of technological innovation capability and trapped in a "low growth rates, high mortality rate" dilemma. Faced with global competition, technological change and innovation to accelerate the rate of popularity and other trends, how to make full use of internal and external resources and strive to enhance its own technological innovation ability, China's SMEs to achieve economic transformation under the new normal and the Internet age and background the important issue of sustainable development.In recent years, social capital has become a hot research scholars, academic circles at home and abroad began to explore the relationship between entrepreneurial social capital and enterprise technological innovation capability between. In the background of institutional transition, as an effective way to nurture social capital resources has been widely recognized as an important connection for SMEs and entrepreneurs with external organizations or even the only bridge, it has a significant impact on access to external resources, from social entrepreneurs the core concept of the starting capital to explore the technological innovation capability of SMEs promotion strategy is a viable and valuable way. However, due to the way the role of the academic entrepreneur social capital and situational approach has not been effectively addressed other issues, research on the role of the existing relationship between the entrepreneurial social capital and enterprise technological innovation did not reach an agreement between the views. Thus, how the mode of action of entrepreneurial social capital, approaches, context, issues such as organic coupling effect, construct a theoretical framework based on the integration perspective, for "transformation system under the background of the effectiveness of social capital," the theorists outstanding answers and promotion of SMEs technological innovation capability issues are of great significance.Based on the above thinking, this paper trail of existing research, the research problem is defined as the mode of action of entrepreneurs social capital, pathway, four aspects of the role of context and effect, try from an integrated perspective further explored entrepreneurs the impact of social capital mechanism of technological innovation capability of SMEs, and the use of small samples of listed companies are empirical data resource acquisition capability and enterprise lifecycle mediating effect of entrepreneurial social capital and technological innovation capacity of SMEs role in regulating effect. The main results of the following four conclusions:First, on the role of point of view, the various dimensions of social capital entrepreneurs technological innovation capacity of SMEs have different effects. Based on existing research, the social capital is divided into entrepreneurial business entrepreneur social capital, social capital and entrepreneurs entrepreneur system technology are three types of social capital, respectively, reveal a different type of entrepreneurial social capital for SMEs mechanism of action and effects of the technological innovation capability empirical test results showed that different types of entrepreneurial social capital to technology innovation capacity of SMEs have different modes of action, both in terms of mechanism of action or effect, there were significant differences.Second, pathway, the resource acquisition capacity to play an intermediary role in influencing entrepreneurs social capital to technology innovation capability of SMEs. Listed SMEs in China using empirical sample data resource acquisition capacity in entrepreneurial social capital impact of technological innovation capability of mediating effect, the test results showed that:the impact of social capital for small and medium entrepreneurs, business innovation capability all through the joint resources Being able to achieve, and the ability to play the part of resource acquisition intermediary role in influencing social capital and entrepreneurs entrepreneur system technology social capital to technology innovation capacity (including joint innovation capability and innovation capacity) in.Third, on the role of context, the corporate life cycle regulation play a significant role in influencing entrepreneurs social capital to technology innovation capability of SMEs. This article attempts to corporate life cycle situational factors for the introduction of the role of entrepreneurs in social capital relationships among innovation capacity of SMEs. Positive test results also validate the hypothesis of this paper, the role of the corporate life cycle of the relationship between entrepreneurial capital and entrepreneurial technology business community social capital and joint innovation between the ability to have a significant negative regulatory role; and the corporate life cycle for entrepreneurs the role of social capital and entrepreneurial relations system social capital and technology between the joint innovation capability has significant positive regulatory role.Fourth, on the role of point of view, due to the influence of situational factors affecting entrepreneurial social capital effect on technological innovation capability of SMEs with complex characteristics. Data from the Listed SMEs in China showed that the business entrepreneur social capital has a significant positive impact on the joint innovation capacity of SMEs, entrepreneurs, institutional social capital has a significant positive impact on SMEs independent innovation capability, and entrepreneurial technology social capital SME joint innovation capability and innovation capacity have a significant positive effect. The regression results also showed that entrepreneurs Institutional Social capital has a negative impact on the joint enterprise innovation ability, and the impact of social capital for entrepreneurial business enterprise independent innovation ability is not significant.The innovation is mainly reflected in:First, the proposed integration of the perspective of entrepreneurs based on the effectiveness of social capital theory framework. Since the mode of action of entrepreneurs social capital and situational approach has not been effectively addressed other issues, research on the role of the existing relationship between the entrepreneurial social capital and enterprise technological innovation did not reach an agreement between the views. In this paper, the existing research progress, will define research questions for entrepreneurs social capital to technology innovation capability mode of action, four pathway, the role of context and effect, and attempts utilization resource-based theory and corporate life cycle theory based on the theoretical framework of the integration build analysis perspective, the mode of action of entrepreneurial social capital, together with the pathway and the role of situational organic coupling effects, make up the existing social capital effect on entrepreneurs study the mode of action, approach and situational factors missing, thereby safeguarding the effects test the accuracy and reliability of the conclusions, effective answers "AVAILABILITY transformation system background entrepreneur Social Capital," the theorists outstanding issues.Second, it reveals the mechanism of entrepreneurial social capital for technological innovation capability of SMEs. Although existing research generally considered entrepreneurial social capital to technology innovation provides acquisition, integration and use of external resources, information and channels of knowledge, but also theoretically affirmed the resource acquisition capacity in entrepreneurial social capital and enterprise technological innovation capability of important conduction between, but there are few empirical studies of resource material ability to obtain further important intermediary role in the entrepreneurial social capital effect on technological innovation capability among SMEs, which profoundly affect social capital entrepreneurs reveal the technological innovation capability internal Mechanism. Paper constructs a hierarchical panel data regression testing intermediary role model, using a sample of small listed companies in nearly a decade of empirical data resource acquisition capacity intermediary Effect of technological innovation capability in the social capital of entrepreneurs.Third, to verify a significant moderating effect of corporate life cycle in Entrepreneurial Social Capital on Technological Innovation Capability of SMEs. At different stages of growth companies have different business characteristics and development objectives, which require different types and different resources to support innovation strategy model as a support; and on the other hand, at different stages of business development, the type of entrepreneurial social networks are different. Thus the corporate life cycle is one of the important elements of the relationship between the entrepreneur contextual social capital and enterprise technological innovation ability, but existing research more attention is the external environment characterized by a lack of enterprise life cycle of this important element of the internal situation analysis. This paper introduced the corporate life cycle context study, analysis showed a significant moderating effect of corporate life cycle in Entrepreneurial Social Capital on Technological Innovation Capability of SMEs. Matched among entrepreneurs is a prerequisite for social capital have a positive impact, but there is a mismatch situation could lead to the role of entrepreneur social capital is not significant or even a negative impact, which is the capital of existing research on the role of entrepreneurs in society effect of inconsistencies provide a new theoretical interpretation. |
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