IDEAS home Printed from https://ideas.repec.org/a/aif/journl/v23y2023i1p75-90.html
   My bibliography  Save this article

A Study of Spirit of Zhejiang Entrepreneurs, Enterprise Innovation and Enterprise Growth in China

Author

Listed:
  • HAN GANG

    (Asia Metropolitan University, Malaysia.)

Abstract

The purpose of this paper is to take Zhejiang entrepreneurs as the object, constructs a research model of "entrepreneurship-enterprise innovation-enterprise growth", collects sample data by questionnaire survey, and makes an empirical analysis to explore the influence of the Spirit of Zhejiang Entrepreneurs on enterprise growth and the intermediary effect of enterprise innovation between them. Based on the quantitative research design, the main findings and conclusions of this paper are as follows: First, each dimension of the Spirit of Zhejiang Entrepreneurs has a direct role in promoting the growth of enterprises, and the spirit of innovation has the strongest role in promoting the growth of enterprises. In addition, the contractual spirit of private enterprises promotes the growth of enterprises more strongly than that of state-owned enterprises. Secondly, each dimension of the Spirit of Zhejiang Entrepreneurs has an obvious positive promotion effect on technological innovation and business model innovation, and the spirit of risk-taking has a stronger promotion effect on business model innovation of state-owned enterprises than private enterprises. Third, technological innovation and business model innovation have an obvious role in promoting the growth of enterprises, which is more obvious in private enterprises. Fourth, technological innovation and business model innovation play an obvious intermediary role between the Spirit of Zhejiang Entrepreneurs and enterprise growth. For the implication of this study, among them, the Spirit of Zhejiang Entrepreneurs mainly influences the growth of state-owned enterprises through the intermediary role of business model innovation. Finally, combined with theoretical analysis and empirical research, the research results are further discussed, and the corresponding countermeasures to promote the healthy growth of Zhejiang enterprises are put forward from the perspective of carrying forward the excellent the Spirit of Zhejiang Entrepreneurs and promoting the innovation and development of enterprises.

Suggested Citation

  • Han Gang, 2023. "A Study of Spirit of Zhejiang Entrepreneurs, Enterprise Innovation and Enterprise Growth in China," International Journal of Science and Business, IJSAB International, vol. 23(1), pages 75-90.
    • Handle: RePEc:aif:journl:v:23:y:2023:i:1:p:75-90
    as

    Download full text from publisher

    File URL: https://ijsab.com/wp-content/uploads/2135.pdf
    Download Restriction: no
    File URL: https://ijsab.com/volume-23-issue-1/5848
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yu-Ming Zhai & Wan-Qin Sun & Sang-Bing Tsai & Zhen Wang & Yu Zhao & Quan Chen, 2018. "An Empirical Study on Entrepreneurial Orientation, Absorptive Capacity, and SMEs’ Innovation Performance: A Sustainable Perspective," Sustainability, MDPI, vol. 10(2), pages 1-14, January.
    2. Hongjun Guan & Zhen Zhang & Aiwu Zhao & Jinyuan Jia & Shuang Guan, 2019. "Research on Innovation Behavior and Performance of New Generation Entrepreneur Based on Grounded Theory," Sustainability, MDPI, vol. 11(10), pages 1-19, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kafigi Jeje, 2020. "Risk-Taking and Performance of Small and Medium-Sized Enterprises: Lessons from Tanzanian Bakeries," Journal of Economics and Behavioral Studies, AMH International, vol. 12(3), pages 1-22.
    2. Hongyi Mao & Zongjun Wang & Lin Yi, 2021. "Does Entrepreneurial Orientation Lead to Successful Sustainable Innovation? The Evidence from Chinese Environmentally Friendly Companies," Sustainability, MDPI, vol. 13(18), pages 1-19, September.
    3. Tsui-Yii Shih, 2018. "Determinants of Enterprises Radical Innovation and Performance: Insights into Strategic Orientation of Cultural and Creative Enterprises," Sustainability, MDPI, vol. 10(6), pages 1-22, June.
    4. Muhammad Akmal & Khawaja Khalid Mehmood, 2022. "The Influence Of Person Job Fit On Innovative Work Behavior Through Intrinsic Motivation And Creative Self-Efficacy," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 11(2), pages 331-341.
    5. Ardjouman Diabate & Hagan Sibiri & Linyu Wang & Liying Yu, 2019. "Assessing SMEs’ Sustainable Growth through Entrepreneurs’ Ability and Entrepreneurial Orientation: An Insight into SMEs in Côte d’Ivoire," Sustainability, MDPI, vol. 11(24), pages 1-26, December.
    6. Héctor Cuevas-Vargas & Héctor Abraham Cortés-Palacios & Cid Leana-Morales & Eduardo Huerta-Mascotte, 2022. "Absorptive Capacity and Its Dual Effect on Technological Innovation: A Structural Equations Model Approach," Sustainability, MDPI, vol. 14(19), pages 1-18, October.
    7. Said Yousef Dwikat & Darwina Arshad & Mohd Noor Mohd Shariff, 2023. "Effect of Competent Human Capital, Strategic Flexibility and Turbulent Environment on Sustainable Performance of SMEs in Manufacturing Industries in Palestine," Sustainability, MDPI, vol. 15(6), pages 1-29, March.
    8. Tolulope Paul Akinbobola & Oluwole Matthew Akinnagbe, 2023. "Determinants of linkages between agricultural institutions and agro-allied industries in Southwest, Nigeria," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(1), pages 228-248, January.
    9. Sidney Mangenda Tshiaba & Nianxin Wang & Sheikh Farhan Ashraf & Mehrab Nazir & Nausheen Syed, 2021. "Measuring the Sustainable Entrepreneurial Performance of Textile-Based Small–Medium Enterprises: A Mediation–Moderation Model," Sustainability, MDPI, vol. 13(19), pages 1-19, October.
    10. Daniella Teles Amaral & Cecile Nieuwenhuizen & Chris Schachtebeck, 2024. "Assessing the influence of entrepreneurial education on individual entrepreneurial orientation of university students," Journal of Innovation and Entrepreneurship, Springer, vol. 13(1), pages 1-25, December.
    11. Zhiwen Li & Oswin Aganda Anaba & Zhiqiang Ma & Mingxing Li, 2021. "Ghanaian SMEs Amidst the COVID-19 Pandemic: Evaluating the Influence of Entrepreneurial Orientation," Sustainability, MDPI, vol. 13(3), pages 1-27, January.
    12. Chrisovalantis Malesios & Prasanta K. Dey & Fuad Ben Abdelaziz, 2020. "Supply chain sustainability performance measurement of small and medium sized enterprises using structural equation modeling," Annals of Operations Research, Springer, vol. 294(1), pages 623-653, November.
    13. Yingkai Tang & Yaozhi Chen & Kun Wang & He Xu & Xiaoqi Yi, 2020. "An Analysis on the Spatial Effect of Absorptive Capacity on Regional Innovation Ability Based on Empirical Research in China," Sustainability, MDPI, vol. 12(7), pages 1-23, April.
    14. Martinčević Ivana, 2023. "Enhancing Financial Performance through Absorptive Capacity: Evidence from Croatian Export Companies in Domestic and International Markets," Business Systems Research, Sciendo, vol. 14(2), pages 214-238, December.
    15. Wenhao Song & Xifang Ma & Hongyan Yu, 2019. "Entrepreneurial Orientation, Interaction Orientation, and Innovation Performance: A Model of Moderated Mediation," SAGE Open, , vol. 9(4), pages 21582440198, October.
    16. Muhammad Haseeb & Hafezali Iqbal Hussain & Sebastian Kot & Armenia Androniceanu & Kittisak Jermsittiparsert, 2019. "Role of Social and Technological Challenges in Achieving a Sustainable Competitive Advantage and Sustainable Business Performance," Sustainability, MDPI, vol. 11(14), pages 1-23, July.
    17. Dubey, Rameshwar & Gunasekaran, Angappa & Childe, Stephen J. & Bryde, David J. & Giannakis, Mihalis & Foropon, Cyril & Roubaud, David & Hazen, Benjamin T., 2020. "Big data analytics and artificial intelligence pathway to operational performance under the effects of entrepreneurial orientation and environmental dynamism: A study of manufacturing organisations," International Journal of Production Economics, Elsevier, vol. 226(C).
    18. Rita Lankauskienė & Živilė Gedminaitė-Raudonė & Rimantas Micka, 2024. "Business Model Innovation for Sustainable Multifunctional Land Management in Abandoned Rural Areas: A Case Study," Land, MDPI, vol. 13(6), pages 1-16, June.
    19. Gina Santos & Carla Susana Marques & João Ferreira, 2021. "The Influence of Embeddedness on Entrepreneurship, Innovation and Strategy: A Gender Perspective in the Agri-Food Sector," Sustainability, MDPI, vol. 13(16), pages 1-29, August.
    20. Houxue Xia & Qingmei Tan & Junhong Bai, 2018. "Corruption and Technological Innovation in Private Small-Medium Scale Companies: Does Female Top Management Play a Role?," Sustainability, MDPI, vol. 10(7), pages 1-18, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aif:journl:v:23:y:2023:i:1:p:75-90. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Farjana Rahman (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.