The Effect of Entrepreneurial Passion and Political Behavior on Entrepreneurial Identity: Based on Resource Dependence Theory

Zhou Jian, Wang Qingjin, Wu Di

Foreign Economics & Management Vol. 39, Issue 06, pp. 68 - 82 (2017)  DOI:10.16538/j.cnki.fem.2017.06.006

Abstract

Entrepreneurship is an important force in China’s economic quality and efficiency upgrading, but entrepreneurial firms are faced with legitimacy in doubt and growth difficulties, and social entrepreneurial identity is difficult to obtain. Based on resource dependence theory, this paper builds the theoretical model of entrepreneurial passion and political behavior affecting entrepreneurial identity, and introduces the entrepreneurial environment properties as situational variables. Studies have found that entrepreneurial passion can influence cognition, behavior, and role change of entrepreneurs to influence the efficiency of resource acquisition, and political behavior as a non-market way creates the conditions for entrepreneurial firms to obtain key resources, which helps enterprises to rapidly get through creation, and receive entrepreneurial recognition; environment munificence suppresses the effectiveness of corporate political behavior and environmental dynamism promotes the effectiveness of corporate political behavior. This paper shows that the entrepreneurs need to stimulate and maintain their entrepreneurial passion, entrepreneurial firms should create favorable conditions for entrepreneurial passion to play the role. In transitional economy the governments should accelerate the development of the industry through continuous improvement of various institutional environment, and strive to create a relaxed entrepreneurial atmosphere, create good conditions for entrepreneurial firms to obtain resources from the market, and guide enterprises to the shift of their focus to products, operation and marketing, so as to enhance competitiveness in market.

Keywords

entrepreneurial passion; political behavior; environmental munificence; environmental dynamism; entrepreneurial identity