The roles of political and business ties in new ventures: Evidence from China
Journal
Asian Business and Management
Journal Volume
13
Journal Issue
5
Pages
411-440
Date Issued
2014
Author(s)
Abstract
This study investigates how political and business ties affect new-venture performance in China. Findings from the archival data of 105 Chinese new ventures indicate that political ties positively relate to new-venture performance, whereas business ties do not. More importantly, this research presents a contingent view of political and business ties and offers evidence that these ties can lead to greater new-venture performance when the new venture has a higher level of outward growth orientation. The external ties/new-venture performance links emerge as more complex than prior studies have shown
Type
journal article