This study investigates the mediations of 95 community and 95 industrial mediators in South Korea. The mediators' reports of their last mediation indicated the frequency with which they used 36 mediation techniques. In addition, their information revealed the strategies—data gathering, reconciliation, dependency, analysis—they employed in their mediations. We expected to find the data gathering and reconciliation strategies. Although unexpected, the dependency strategy is very consistent with the Confucian emphasis on interpersonal harmony. And we attribute the analysis strategy to the Korean mediators' low formal power or to their exposure to an industrialized environment.
The aim of this study is to examine the roles of entrepreneurial orientation (EO) and the guanxi network with parent university (GNPU) in the creation of university spin-offs (USOs). The study replicates and extends previous research on academic entrepreneurship by providing an empirical analysis using data from 140 USOs in China. The empirical results indicate that three dimensions of EO (innovativeness: IN; proactiveness: PR; and risk-taking: RT) and GNPU have positive effects on the financial performance (FP); PR, RT, and GNPU have positive effects on non-financial performance (NFP) of USOs. In the context of moderating effects, this study finds that only GNPU positively moderates the relationships between IN and FP as well as between PR and NFP, failing to find others. Generally speaking, EO is an important strategic asset and GNPU is an important organisational resource that underpin the establishment of USOs. In addition, we also provide some important theoretical and practical implications for scholars, practitioners, and policy-makers.
Abstract:The construct of guanxi has become an interesting topic for analyzing how to do business more effectively and successfully in China's economic transition period. Drawing on the guanxi strategy theory, this study examines when government guanxi (guanxi with the government and its officials) and business guanxi (guanxi with the business sectors) matter to new venture performance under two typical turbulent environments (institutional turbulence and market turbulence). According to empirical results using original data from 146 new ventures in clusters driven by China's local governments, both government guanxi and business guanxi were positively related to new venture performance, and market turbulence was an important contextual factor influencing performance benefits of guanxi. However, the results reveal no moderating effects of institutional turbulence on direct relationships. Furthermore, the study provides a better conceptual and empirical understanding of why market turbulence is a double-edged sword for performance implications of guanxi in the rapidly changing business environment.
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