Research On The Relationship Among Familial Resource, Entrepreneurial Orientation And Enterprise Performance

The family business as the most common form of company is playing very important role in national economy but most have been suffering from “the wealth can not transfer for more than three generations” in China.According to first “report of China family business development”, only 30 percent of the family firms successfully finished the transition to second generation and only 10-15 percent make it to third generation. This makes many scholars tended to explore the internal reasons of family business inheritance continually. At present, the researches are focused more on inheritance model or governance mechanism of family business, but the studies which combine family business with entrepreneurship is still limited.Scholars generally agree that the family resource has an important impact to develop competitive advantage because of those resources are unique. Entrepreneurial orientation is an important strategic choice when dealing with the chaotic circumstances. And the successful of the family business inheritance is the process to transfer entrepreneurship from one generation to the next generation.Whether the currently family resource emits its effects in entrepreneurial orientation among that family business achieved successful inheritance. Whether the effect is though entrepreneurial orientation to increase the entrepreneurial ability and get better performance and success in family business inheritance eventually?Based on the Resource-based theory, this thesis selection family business for Ningbo district as research subjects. In proposed research model, familial resource is exogenous latent variables and entrepreneurial orientation as mediate variable, and also hypothesis entrepreneurial orientation and firm performance as dependent variables.By building the model of theory of the three, revolves around the theoretical model and research assumptions, by using AMOS17.0, using structural equation modeling to analyze theoretical model and research assumptions are confirmatory tested. The study found that family resources dimensions have a positive role in all dimensions of entrepreneurial orientation, and part of dimensions of family resources indirectly affects enterprise performance through entrepreneurial orientation. Family resources for enterprise development have played a vital role and entrepreneurial orientation display intermediary conduction effect in this process.