Double Social Network And Resource Acquisition For Overseas Entrepreneurs And Entrepreneurship Performance:Hangzhou Empirical Studies

With the continuous improvement of China's economic development as well as innovation and entrepreneurship environment,overseas talents have returned to China to start their own businesses,and overseas enterprises have rapidly emerged,which has become an important force to promote independent innovation and promote innovation and entrepreneurship in China.In the course of development,on the one hand,the entrepreneurial performance of overseas enterprises is often better than that of local enterprises,while on the other hand,there are obvious imbalances in the development of overseas enterprises.What kind of successful mechanism and mechanism of action have caused different results?Scholars have focused on the dual social networks owned by the entrepreneurs of the returnees.On the basis of predecessors and the research sample of 256 returned entrepreneurs,using Structural equation model analysis method,this paper constructs a theoretical model of domestic and foreign entrepreneurial networks on entrepreneurial performance that contain intermediary effects,based on the theory of basis for resource and social network theory.This paper divides resource acquisition into two dimensions:asset acquisition and knowledge acquisition.Under the framework of "social network-resource acquisition-entrepreneurial performance",this paper makes an empirical analysis of the relationship between the three,and discusses the ways to improve the entrepreneurial performance of enterprises back overseas.The results show that:firstly,the foreign social network of overseas entrepreneurs is positively related to knowledge acquisition,and the domestic social network is positively related to asset acquisition and knowledge acquisition;Secondly,both knowledge acquisition and asset acquisition promote the entrepreneurial performance of overseas enterprises;Thirdly,the dual social networks of returnee entrepreneurs are positively correlated with the entrepreneurial performance of returnee enterprises;Fourthly,knowledge acquisition plays a mediating role between the social networks of returnee entrepreneurs abroad and the entrepreneurial performance of returnee enterprises,asset acquisition plays a mediating role between the domestic social networks of returnee entrepreneurs and the entrepreneurial performance of returnee enterprises.This paper makes an empirical analysis with detailed primary data to show the difference mechanism of resource acquisition in two dimensions,that is,the domestic social network acts on the entrepreneurial performance mainly by affecting the knowledge resource acquisition,while the foreign social network acts on the entrepreneurial performance mainly by affecting the asset resource acquisition.By revealing the mechanism of the "network-resources-performance" of the overseas enterprises,this paper enriches the academic research content of the overseas enterprises,and puts forward some suggestions on how the overseas enterprises should rationally allocate the social network and optimize the resource allocation.