Impact Of Resources Combination On Performance In New Venture Creation

The development of entrepreneurship experiences from the Angle of view to the static and dynamic process of initial research and development of entrepreneur's personal attention only to concern business activities. Based on the process from the perspective of entrepreneurial activity is defined as the opportunity in recognition based on the integration of resources to develop, to meet customer needs. Literatures and learning related research shows that more and more scholars gradually applied resource-based theory (RBT) to explore new enterprise to create and resources in the development process, the importance of the application of innovation theory to find the resources and opportunities. Among them, the opportunities and resources from the perspective of the process of two core elements of entrepreneurship. The resources and the integration of new venture in the process of theoretical studies have formed the theoretical framework. For new venture, the integration of resources to have an impact on firm performance, in the process, what factors played an important influence on the process from the perspective of these have become the focus of entrepreneurship research.Around the start of this perspective, scholars have tended to focus on only consider the integration of resources or opportunities on the Performance of the identification using the dual role of the Performance Relationship, in-depth study also brings research level or single, to some extent neglected the opportunity to develop under the conditions of market economy and integration of resources of both inseparable.As we all know, business itself is a complex process, when the entrepreneur after the implementation of business commitments, it does not mean that the process is over. On the contrary, the implementation of the commitments in the entrepreneurial process, the entrepreneur may be more aware of searching opportunities, and there may be more resources, then the entrepreneurial process will be carried out again. Second, the same entrepreneurs tend to both business process flexibility.Characteristics for the study of this theory, this paper documents and sort out domestic and foreign academic journals related to entrepreneurship study, based on trying to use its resources to basic theory (RBT) to explore the resources in the new enterprise creation and development of the important role, the application of innovation theory to find the resources and opportunities for integrated use of the meeting point. Objective theory of the establishment of access, resources integration and the relationship between corporate performance and thus the process of entrepreneurship concept of two core elements of opportunity and resources into a theoretical framework to study.In the arrangement of contents, the paper is divided into a total of six chapters in four parts, the first part, an overview of resources and opportunities based on the theory of entrepreneurship, and domestic and foreign research summary and detailed comparison of the system; the second part is the core of this paper, first of all, this will start enterprise resource integration on the Performance of in-depth analysis and research, respectively, from pioneering the creation, integration and stability adjustment in the way of resources to establish a link with business performance. Then, in the establishment of such links based on the notion of access to decision-making definition and classification of them as adjustment variables introduced, theoretical resources, the impact of integration on business performance is to change the proposed thesis research on several assumptions; s three parts, according to paper questionnaire development and design assumptions, the empirical study examined the hypothesis is set up and why; fourth part of the discussion on the conclusions summarized in this article, Looking toward the future of research and inspiration.The research method, this theory supported by empirical research as the guide. Theoretical research, this innovative way to bring opportunity to use a combination of entrepreneurial decision-making is proposed to regulate access to decision-making as a variable to study the integration of resources of new enterprises on the business performance impact.Resource-based theory, innovation theory and the theory of entrepreneurial opportunities for the theoretical background, to propose new creative enterprise resource integration on the performance of the Effect of the relational model, and the introduction of access to decision-making as the regulation of relations between the two variables. The theoretical study on the model construction, make the following assumptions:H1: Integration of resources to develop ways to create new innovative business performance was significantly related to positive affect.H2: Stable integration of ways to adjust resources to the performance of new enterprises was significantly related to positive affect.H3: Access to decision-making tends to innovation, the integration of pioneering resources will enhance the business performance.H4: Access to decision-making tends to moderations, the integration of stabilizing resources will enhance business performance. Empirical research, and strive to ensure the paper's scientific, rational, for the proposed four assumptions, the paper adopted a multiple linear regression method to verify the accuracy of assumptions. The data obtained through the questionnaire survey, research, including field research and network research both channels. Research activities from November 2009 to February 2010 cut-off for 3 months. Research group composed mainly of graduate and undergraduate students, divided into eight groups, each group 3, a total of 24. Research subject is the Northern provinces, including the Liaoning, Jilin Heilongjiang, Hebei and Shandong.A total of 300 questionnaires distributed, 281 questionnaires returned, and the recovery rate was 93.67 percent. The tests were 269 valid questionnaires, with efficiency of 95.73%. In the questionnaire the recovery and efficiency to achieve the desired objectives. The survey results show that the establishment of the time within 8 years (including 8 years) to 169 the number of enterprises, accounting for 62.83% of total rate, one can see the sample enterprises embodied within eight years for the establishment of new enterprises, which is The following provides the feasibility of data analysis.Data analysis by SPSS16.0 to achieve, first, descriptive statistical analysis of the samples to determine the sample features and distribution of basic data; Next, we used reliability analysis and validity analysis of the data validation research is detailed and reliable; Finally, the correlation analysis to determine our approach to study of resource integration, business performance, access to decision-making correlation between the three variables, then the completion of the preparatory work on the basis of multiple linear regression analysis, which we have to test hypotheses H1 and H2, a simple approach to integration of resources as the independent variables, the new start-ups performance as the dependent variable to construct the linear regression model. The introduction of access to decision-making as the adjustment variable, the regression model by the new test hypotheses H3 and H4Empirical studies indicate this assumption H1, H2, H3 support, H4 is not supported, the theoretical model to illustrate the construction of the basic set up, but because of domestic entrepreneurship theory is relatively immature, the majority of this article draw on the theoretical construct of foreign scholars The article, by foreign scholars in the West, mature market economy theoretical results obtained to study China's new ventures, the Chinese economy in transition, whether the application of this theory with practice there is a situational problem. From this we can see that, for the new start-ups, the performance has a stronger dependency and relevance to the resources, both the stable way to resource integration and the Pioneering integrated way may have positive effects to the business size and efficiency. Access to decision-making tend to be innovative, we found that the Pioneering resource integrated way may enhance the impact on performance. It may also optimize the performance effectiveness; A further study should be done to research the effect that the stable way to resource integration on the performance of new ventures.In all, start-ups get to success is a complex process, which is the result of many factors. Therefore, we should grasp the scarcity of resources, opportunities and performance of the instantaneous availability. Integrate the resources rightly, cooperated with the right opportunity exploitation decision-making is necessary for entrepreneurship, so as to create unique competitive advantage and achieve the growth of organizational performance, and ultimately to succeed in business.