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Austrian School Rent Theory-based Entrepreneurs, Technological Innovation Behavior Research

Posted on:2009-08-25Degree:MasterType:Thesis
Country:ChinaCandidate:W Y LiuFull Text:PDF
GTID:2199360278969316Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
Both people from the practice area and research pay more attention to technological innovation. However, majority of studies care about the external innovation subject such as institute and financial institution from the view of "pluralism". Research shows that, the enterprises are main body of technological innovation, meanwhile entrepreneurs are original propellant of technological innovation activities. This paper study driving force of technological innovation from entrepreneurs point if view, giving prominence to the role of entrepreneurs.This paper study the view of rents theory and technological innovation from the Austrian School , then put forward :the Schumpeter rents are power of entrepreneurs' innovation, from extensive reading find that: The special character of entrepreneurs such as acuteness, private relational network, risk preference and uncertainty tolerance, have impact on entrepreneurs' decision of innovation. The first two factors are good to they find the opportunities of innovation, while the later two factors affect their decision of development of these opportunities prominently. The innovation activities produce rents, which derive from entrepreneurs' special character.The empirical results show that entrepreneurs acuteness variable have a significant positive correlation with technological innovation behavior variable, and with a significant positive correlation of technological innovation performance variables , tolerance of uncertainty and technological innovation behavior and performance are prominently inter-related. Personal network of entrepreneurs and technological innovation performance is significantly related .what's more, risk preference also shows significant positive effect of technological innovation. However, we have not found evidence shows that risk preference have positive correlation with technological innovation performance and Personal network with technological innovation behavior.
Keywords/Search Tags:technological innovation behavior of entrepreneur, Schumpeter rents, entrepreneur acuteness, regression analysis
PDF Full Text Request
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