Research On The Influence Of Entrepreneurial Network And Performance Of The New Venture

Rapid economic growth promotes the development of SMEs in our country. En-trepreneurs of the generation after 80s and 90s make our SME business market be-coming increasingly active. However, any enterprise cannot completely has all the resources of their own development needs. In order to get these insufficient resources, they must "embed" themselves into the social network to receive information and re-sources.Because of the above background and after the review of the related research, we established the research topic. This paper serves entrepreneurial relationship network as independent variable, and this variable is divided into three dimension variables, including entrepreneurial network intensity, entrepreneurial network heterogeneity and entrepreneurial network centrality. Performance of new venture as the dependent variable is divided into growth performance and profitability performance. Meanwhile, this paper introduced the variable of start-up stage of development, which is divided into creation stage, growth stage and mature stage. On the basis of these above, we build the theoretical model and put forward hypothesis, and carry on the empirical research to test all hypothesis.In fact, there are many scholars research on the relationship between network and performance, but the innovation points of this article are as follows:(1) This pa-per studies the new ventures, which is to the improvement of the social network the- ory. The relationship between network and performance is different between new ven-tures and mature ventures. (2) This paper introduced the variable of start-up stage of development, aimed at investigating the relationship dynamically. Most previous re-search studied statically, while our article explores the relationship at different growth stages and how the business network changes. (3) In the data section, this paper not only has carried on the questionnaire survey, but also some enterprises in-depth inter-views, which better verified the empirical results.After empirical results, we draw the following conclusions:(1) there is a nega-tive correlation relationship between entrepreneurial network intensity and the per-formance of new venture; (2) entrepreneurial network heterogeneity will positively influence the performance of the new venture; (3) entrepreneurial network centrality will positively influence the performance of the new venture; (4) in creation stage, entrepreneurial network heterogeneity will have more positive influences on per-formance of the new venture; (5) in growth stage, entrepreneurial network centrality will have more positive influences on performance of the new venture; (6) in mature stage, entrepreneurial network intensity will have more negative influences on performance of the new venture.According to the results of this study and the insufficiency, we put forward the outlook for the future research in the end of the article. We hope later study can over-come difficulties and improve the deficiencies to get better and more accurate conclu-sions.