CEO Social Capital and Entrepreneurial Orientation of the Firm
基于122家中国科技企业的多源调查数据，研究发现CEO与内部成员的结合型社会资本与企业创业导向呈倒U型关系，而与外部利益相关者的桥接型社会资本则正向影响创业导向，且环境动荡性会强化后者的作用。
Prior studies demonstrate the role of various facets of CEOs’ individual characteristics in shaping a firm’s entrepreneurial orientation (EO). We complement this line of research by theorizing and testing the impact of CEOs’ social capital on EO. From an original, multisource survey data set of 122 Chinese technology firms, we find that a CEO’s bonding social capital with organizational members from various functional units has an inverted U-shaped relationship with firm EO, while the CEO’s bridging social capital with the firm’s diverse set of external stakeholders has a positive association with EO. In addition, we find that the relationship between CEO bridging social capital and EO becomes stronger as the firm’s environmental instability increases.