Technological human capital, firm innovativeness, and entrepreneurial success: the moderating role of seeking and receiving external funding. (2017)

• Record Type: Journal Article
• Authors: Li, Huajing; Tang, Jintong
• Is Part Of: World review of entrepreneurship, management and sustainable development. Volume 13:Number 1(2017)
• Page Start: 106
• Page End: 119
• Publication Date: 2017
• Subjects: technological human capital -- firm innovativeness -- external funding -- entrepreneurial success -- emerging economies -- China -- entrepreneurship; Sustainable development -- Periodicals; Entrepreneurship -- Periodicals; 338.04
• Languages: English
• ISSNs: 1746-0573

Abstract

The majority of research on human capital has focused on the role of general human capital in organisational performance. Our study examines technological human capital, a form of specific human capital, and proposes that it is particularly important for entrepreneurial success in emerging economies such as China. We propose a multi-level and multi-stage theoretical model in which entrepreneurs' technological human capital positively impacts firm innovativeness and entrepreneurial success. Further, entrepreneurs' ability to seek and receive external funding positively moderates the effect of technological human capital on firm innovativeness and the influence of firm innovativeness on entrepreneurial success.