A research on entrepreneur's psychological capital and new venture performance: A moderating mediation model

Abstract

Abstract: Entrepreneur's psychological capital is a fundamental factor which affects entrepreneurial activities performance. We collect 393 samples from some parts of Zhejiang province in Eastern China to explore the relationship between entrepreneur's psychological capital and new venture performance by SEM method, and analyze the team climate's moderating effect and entrepreneurial orientation's mediating effect by bootstrapping method. The results reveal that: (1)entrepreneur's psychological capital has a positively related to new venture performance, and entrepreneurial orientation makes a full mediating between them; (2)the team climate which entrepreneurs belong to makes a positively moderating effect between entrepreneur's psychological capital and entrepreneurial orientation; and (3)the more positive the team climate is, the more significant mediating effect exists between entrepreneur's psychological capital and new venture performance.

Key words: entrepreneur's psychological capital, team climate, entrepreneurial orientation, new venture performance

CLC Number:

F270

Cheng Cong. A research on entrepreneur's psychological capital and new venture performance: A moderating mediation model[J]. Science Research Management, 2015, 36(10): 85-93.

References

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