Empirical Research For The Impact Of Entrepreneur Human Capital On The Performance Of Technology Start-ups Enterprises

Development of technology start-ups enterprises can not only enhance the level of technological innovation the whole country,but also promote the progress of science and economic innovation. Technology start-ups enterprises play an important role in China's national economic development.This study mainly regards technology start-ups enterprises as the research object and research & development investment as intermediary variables to analyze mechanism of entrepreneur human capital effects on technology start-ups enterprises. Moreover, it divides the entrepreneur human capital into three dimensions: the efficiency oriented human capital, power oriented human capital, transaction oriented human capital. This paper puts forward relevant assumptions and forms theoretical model of the entrepreneur human capital,R&D investment,technology start-ups enterprises performance through in-depth theoretical analysis. This study is based on the database of wind,CSMAR database and listed company annual report to obtain a technology start-ups enterprises data with SPSS 21.0 for empirical research.The researching results show that: the entrepreneur human capital,entrepreneur efficiency oriented human capital,entrepreneur transaction oriented human capital are positively related to technology start-ups enterprises performance; R&D investment and technology start-ups enterprises performance are positively related; the entrepreneur human capital, efficiency oriented human capital,power oriented human capital, transaction oriented human capital and technology enterprise performance are positively related; R&D investment plays a part of the intermediary role in the entrepreneur human capital,entrepreneur efficiency human capital and technology start-ups enterprises performance; R&D investment fails to play an intermediary role in the power of entrepreneur human capital and Technology entrepreneurial performance; R&D investment is anabsolute of the intermediary role in transaction oriented human capitaland technology start-ups enterprises performance,which puts forward the enlightenment accordingly and provides a theoretical basis for the development of China's technology start-up.