The Influence of Internal and External Stakeholder Mechanisms on Entrepreneurial Success: The Moderating Role of Digital Technology Adoption

The impact of entrepreneurial education on the propensity of business students to support new ventures: A moderated mediation model

This research aims to investigate the role of financial self-efficacy in mediating the relationship between entrepreneurial education and venture capital intention, as well as the moderating influence of government support on the relationship between financial self-efficacy and venture capital intention. The target population consists of Lahore students from public and private universities who have already studied entrepreneurship. Based on the 250 responses to the online survey the findings show the mediating role of financial self-efficacy between entrepreneurial education and intention toward venture capital. Moreover, it also indicates the moderated effect of government support on the relationship between financial self-efficacy and intention toward venture capital. This study will not only help the curriculum committees in business schools to design entrepreneurial education outlines that enable the students to explore the different financing modes by including financial knowledge to cope with financial challenges but also to the government officials in devising financing plans accompanied by their expertise in the development of a business.

Stakeholder relationships and corporate social goal orientation: Implications for entrepreneurial psychology

As the sensitivity to corporate social responsibility (CSR) continues to grow, the goal of enterprises has expanded beyond the sole pursuit of economic value. Corporate social goal orientation has therefore come to occupy a central position in entrepreneurs' psychology and the transition away from a market-only economy. This study uses secondary data from 4,288 samples of 725 Chinese-listed companies from 2009 to 2020 to explore the driving factors in social goal orientation based on the characteristics of sample companies and their industry groups from the perspective of stakeholder relationships. The results can be summarized as follows: (1) there is an inverted U-shaped relationship between government stakeholder relationships and social goal orientation, and there is a significant positive relationship between financial stakeholder relationships, market stakeholder relationships, and corporate social goal orientation. (2) The correlation between single-dual stakeholder relationships and social goal orientation is not consistent. In light of the nature of the roles of government and the market, the correlation between the government-market dual relationship and corporate social goal orientation is not significant. However, there is a significant correlation between the finance-government dual stakeholder relationship and social goal orientation; that is, the dual stakeholder relationship maintains the existence of non-institutional capital and corporate financial capital. Moreover, there is no significant correlation between the market-finance dual relationship and corporate social goal orientation, and there is substitutability between market and financial stakeholder relationships. With the deepening of our understanding of CSR, the core goal of enterprises is no longer confined to the pursuit of economic value, and their social goal orientation has come to be regarded as a major driving force in sustainable development. This study enriches the research on the relationship between stakeholder relationships and shows that stakeholder relationships also have important significance to both achieving corporate goals and shaping entrepreneurs' psychology.

The Impact of Partnerships and Information Sharing on Corporate Sustainable Performance: A Mediation Model Moderated by Government Support

Based on the theory of strategic alliances and social networks, this article empirically studies the relationship between partnership, information sharing, and sustainable performance through a questionnaire survey of Chinese sports equipment manufacturers. The findings show that partnerships have a positive impact on sustainable performance; that information sharing plays a role in mediating the relationships between trust, cooperation, and sustainable performance; and that government support can positively impact the effect of partnerships on sustainable performance. Through empirical research, this article proves the mechanism of the impact of partnership on alliance performance, further expands the theoretical basis for enterprises’ establishment of strategic alliances, and has important enlightening significance for enterprises within alliances aiming to rationally use the networks inside and outside their alliances to obtain knowledge and resources and improve their sustainable performance.