高科技新企业的创业战略选择问题是创业学和战略管理领域兴起的重要议题,然而已有研究并未有效揭示新企业创业战略类型选择及其与前因后果之间的关系。基于Park和Bae提出的新企业创业战略分类,采用200份我国高科技新企业的数据进行实证检验,结果表明,创业伙伴资源对于高科技新企业绩效和运营风险均有显著影响,但二者方向相反;创业战略的三种类型,即科技能力导向型战略、国际化程度偏好型战略和产品市场成熟度准入型战略对绩效具有显著的正向影响;科技能力导向型战略对运营风险的影响不显著,国际化程度偏好型战略和产品市场成熟度准入型战略对运营风险具有反向影响;创业伙伴资源不仅会直接影响绩效和风险,还会通过创业战略类型选择间接影响绩效与风险。文章在实践上为我国高科技新企业的战略选择提供了一定的借鉴,在中国情境下验证了Park和Bae提出的新企业创业战略类型对新兴经济体的普适性,从而丰富了创业与战略管理相关研究。
Based on the concept of entrepreneurial strategic typologies of the high - tech new ventures indicated by Park and Bae, cross - sectional data from 200 Chinese high - tech new ventures were utilized to empirically test the relationships among entrepreneurial partnership resources, entrepreneurial strategies, performance and risk. Results indicated that, entrepreneurial partnership resources made significant impacts on performance and risk, with opposite impact directions; three typologies of entrepreneurial strategies, namely referring to science & technology capability, internationalization extent and product market maturity, all had significantly positive impacts on performance; science & technology capability had insignificant impact on risk and internationalization extent and product market maturity had opposite impacts on risk; entrepreneurial partnership resources did not only have direct impacts on performance and risk, but also have indirect impacts on them through the mediation of entrepreneurial strategies. Finally, we provide the theoretical significance and practical implications.