Research On Relationship Between Social Capital Of Small And Medium-sized Entrepreneurs And Growth Of Enterprise

In China, the small and medium-sized enterprises occupy an important status of the economic system.On one hand, they have contributed the great power which is obvious to all. On the other hand, the indispensability of small and medium-sized enterprises in the national economy has been more and more recognized. However, China’s small and medium-sized enterprises are deeply troubled by the problem of financing difficulties, management is not standardized, the growth is not enough, the life is short and so on.Finding ways to solve the problems of the growth of small and medium-sized enterprises has been a hot issue in the academic field. Although there are relative studies about technology, strategy, human resources,market and other factors, but the specific mechanism of entrepreneur factor on the growth of small and medium-sized enterprises has not been fully explained. In view of the present situation that the ownership of most small and medium-sized enterprises in our country is not separated from the management right and the small and medium-sized entrepreneurs bring almost all the resources needed by the enterprise, this study intends to explore the relationship and influence mechanism between the small and medium-sized entrepreneurs and the growth of enterprise, at the entrepreneurs’ social capital level combined with the resources acquisition.At the same time, the stability and development of Xinjiang is not only conducive to the people of all ethnic groups who live and work in peace and contentment in Xinjiang, but also conducive to the National defense security and social harmony. Therefore, focusing on the development status of small and medium-sized enterprises of Xinjiang, to solve the Xinjiang economic development are becoming increasingly important.This study selected 315 small and medium-sized enterprises in Xinjiang as the research object,through the literature analysis and questionnaires, the empirical test of the relationship between entrepreneurs’ social capital, resource acquisition and growth of small and medium-sized enterprise is carried on, and the following research results are drawn as follows: First, the social capital of small and medium-sized entrepreneurs has a significant positive role on the growth of enterprise. It should be noted that the internal social capital of small and medium-sized entrepreneurs and business social capital of small and medium-sized entrepreneurs have a significant positive effect on the growth of the enterprise, but the effect of politically social capital of the social capital of small and medium-sized entrepreneurs on the growth of enterprise is not significant.Second, the social capital of small and medium-sized entrepreneurs has a significant positive role on resources acquisition. It should be noted that the internal social capital of small and medium-sized entrepreneurs and business social capital of small and medium-sized entrepreneurs have a significant positive effect on the acquisition of assets resources and knowledge resources, but the effects of politically social capital of the social capital of small and medium-sized entrepreneurs on the acquisition of assets resources and knowledge resources are not significant.Third, the resources acquisition has a significant positive role on the growth of small and medium-sized enterprise.The acquisition of assets resources and the acquisition of knowledge resources have a significant positive effect on the growth of small and medium-sized enterprise.Fourth, the resources acquisition plays a part of intermediary role between the social capital of small and medium-sized entrepreneurs and the growth of enterprise.Especially the internal social capital of small and medium-sized entrepreneurs and the business social capital of small and medium-sized entrepreneurs can be through the acquisition of assets resources and the acquisition of knowledge resources, and affect the growth of enterprise.Research results show that, the social capital of small and medium-sized entrepreneurs plays a key role in the growth of enterprise. Small and medium-sized entrepreneurs can not only through the direct role of entrepreneurs’ social capital promote the growth of enterprise, but also can improve the ability of resources acquisition to affect the growth of enterprise. Finally, this study puts forward the corresponding management inspiration and countermeasures and suggestions, in order to innovate the theory of social capital of small and medium-sized entrepreneurs, to guide the practice of enterprise management and tocontribute to solve the growth problems of small and medium-sized enterprises in Xinjiang.