业绩驱动、市场化进程与家族企业创新精神

摘要/Abstract

摘要：

本文构建了一个家族企业创新精神的内源驱动模型,从理论上探讨了经营业绩与家族企业创新精神之间的关系,并进一步分析了制度环境和行业竞争环境对上述关系的调节作用。基于中国家族上市公司的数据,本文主要得到以下研究结论:第一,经营业绩与家族企业创新精神之间存在显著的倒U型关系,即随着企业经营业绩的改进,企业进行创新的动力增强,但当企业绩效高于某一临界值时则随着业绩的持续改进,家族企业的创新动力反而降低了。第二,完善的区域制度环境对企业经营业绩与创新精神之间的关系起显著的正向调节作用,即制度环境的改进提高了家族企业在既定的经营业绩下的创新精神。第三,行业竞争环境显著地调节经营业绩与家族企业的创新精神,即行业竞争越激烈,在经营业绩既定的情况下则越倾向于降低家族企业的创新精神。

关键词: 家族企业, 经营业绩, 制度环境, 竞争环境, 创新精神

Abstract:

This paper analyzes the relationship between firm performance and innovative spirit of family business from the perspective of internal resources, and the moderating effects of institutional environment and competition environment. Based on the data of public listed family firms, this paper gets the following results: first, there is an inverted U shape relationship between firm performance and innovative spirit. That is, firm innovative spirit increases as the performance goes up, but when performance reaches a certain level, firm innovative spirit decreases as performance continues increasing. Second, given a certain performance level, when the institutional environment is better, innovative spirit of family business is better. So a better institutional environment has a positive moderating effect on the relationship between firm performance and firm innovative spirit. Third, competition environment also has a significantly moderating effect on the relationship between firm performance and innovative spirit, and when the completion is serious, firm innovative spirit decreases given a certain performance level.

Key words: family business, firm performance, institutional environment, competition environment, innovative spirit

李婧, 贺小刚, 连燕玲, 吕斐斐. 业绩驱动、市场化进程与家族企业创新精神[J]. , 2016, 28(1): 96-108.

Li Jing, He Xiaogang, Lian Yanling, Lv Feifei. Performance Driven, Market Transition and Innovative Spirit of Family Business[J]. , 2016, 28(1): 96-108.

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