Research On The Influence Of Entrepreneur's Social Capital, Resource Acquisition And Entrepreneurial Performance

Entrepreneurial activity is one of the important new engines to promote the economy and achieve the social development and the reform and development of our country.The policy of mass entrepreneurship and innovation conforms to the requirements of the times,which is an important measure to promote our economic development,and also an inevitable outcome of China's economic development environment.Under this backgrounding,the role of small and medium enterprises in Chongqing is becoming more and more important in promoting economic growth,pulling employment and promoting technological progress in Chongqing.However,compared to other kinds of enterprise,the small and medium enterprises are more dependent on their own social capital,and the interest of scholar in the social capital of the small and medium-sized enterprises has grown stronger.Therefore,this article will focus on the small and medium enterprises in Chongqing.The main discussion is whether the impact of entrepreneur' social capital on entrepreneurial performance is significant.What is the impact mechanism in this? Can the intermediary role of resource acquisition be established between entrepreneurial social capital and entrepreneurial performance?After the review on entrepreneurship theory and research,especially in reference to the social capital theory,the article defined the main concepts: entrepreneurship,new venture,entrepreneur and social capital,resource acquisition and entrepreneurial performance.Based on social network theory,resource-based view and social capital theory,this part proposed theoretical model of entrepreneur's social capital,resource acquisition and entrepreneurial performance,and put forward the hypothesis.After using SPSS19.0 and AMOS to analyze the data obtained from questionnaires,which include sample feature analysis,questionnaire reliability test,questionnaire validity test,correlation analysis,regression analysis and structural equation modeling test,this paper draw the following conclusions:(1)the entrepreneur's social capital has a positive impact on entrepreneurial performance and entrepreneur's social capital dimensions(structural dimension,relational dimension and cognitive dimension)has a positive impact on growth performance,and has a positive impact on profitability performance too;(2)the dimension of entrepreneur's social capital has a positive effect on resource acquisition.In addition,the relational dimension and structural dimension of entrepreneur's social capital have a positive impact on the breadth of resource acquisition,but the relationship of cognitive dimension of entrepreneurial social capital and the breadth of resource acquisition is not significant.All dimensions of entrepreneur's social capital(relational dimension,structural dimension and cognitive dimension)have a positive impact on the validity of resource acquisition;(3)resource acquisition has a positive impact on entrepreneurial performance.And all dimensions of resource acquisition(breadth and validity)have a positive effect on the growth performance;and have a positive impact on profitability performance too;(4)resource acquisition plays a part intermediary role in the relationship between the relational dimension of entrepreneur's social capital and entrepreneurial performance;Resource acquisition plays a full intermediary role in the relationship between the structural dimension of entrepreneur's social capital and entrepreneurial performance;resource acquisition plays a part intermediary role in the relationship between the cognitive dimension of entrepreneur's social capital and entrepreneurial performance;According to the research conclusions,this paper put forward the following suggestions: entrepreneurs should use social capital to do business preparatory work,and actively expand social relations,for obtaining ways of increasing and improving the efficiency of resources;the government should provide more ways of financing channels,enhance the organic ability of small and medium-sized enterprises,and build a horizontal and vertical platform to provide an opportunity for the cooperation between enterprises.