Analysis of the Influence of Entrepreneurial Apprehension and Entrepreneurial Strategic Orientation on Breakthrough Innovation

Author:

Wang Qiliang1ORCID,Jiang Qingquan2ORCID,Yu Hongxia3

Affiliation:

1. College of Business, Quzhou University, Quzhou 324000, China

2. School of Economics & Management, Xiamen University of Technology, Xiamen 361024, China

3. School of Economics & Management, Zhejiang Normal University, Jinhua 321004, China

Abstract

At present, there are few studies on breakthrough innovation (BI) involving entrepreneurial apprehension (EA). The purpose of this study is to identify how entrepreneurial apprehension affects breakthrough innovation. Based on the theory of planned behavior, the paper constructs a theoretical conceptual model of the influence of entrepreneurial apprehension and entrepreneurial strategic orientation (ESO) on breakthrough innovation and proposes corresponding research hypotheses, while using SPSS to conduct regression analysis of 216 valid questionnaires from high-tech enterprises in Yangtze River Delta. The results show that entrepreneurial apprehension can promote breakthrough innovation, but that entrepreneurial strategic orientation plays a partially mediating role in the process of entrepreneurial apprehension influencing breakthrough innovation. The incorporation of entrepreneurial apprehension into the study of breakthrough innovation complements and improves on the theory of entrepreneurial motivation for breakthrough innovation, and the study of entrepreneurial apprehension effectively expands the content of entrepreneurship theory. The paper concludes with the most important managerial implications and outlook for future research.

Funder

National Social Science Foundation of China

Humanities and Social Sciences Research Project of the Ministry of Education

Soft Project of Zhejiang Province

Quzhou University Research Start-up Fund

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

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