Entrepreneurial networks are important for the identification of entrepreneurial opportunities and development in the context of social media. This exploratory research investigates the relationships in entrepreneurial networks, by considering decision-making, and entrepreneurial opportunities, and focusing on the role of decision-making in the relationship between entrepreneurial networks and entrepreneurial opportunities. Using data from 512 Chinese entrepreneurial firms, hierarchical regression analyses and structural equation modeling are employed to create a mediation model that links entrepreneurial networks to entrepreneurial opportunities through decision-making. Our findings are as follows: (1) heterogeneous networks are positively related to innovative opportunities, and homogeneous networks are positively related to imitative opportunities; (2) heterogeneous networks positively affect non-linear decision-making (non-linear DM) while homogeneous networks positively influence linear decision-making (linear DM); (3) positive relationships exist between non-linear DM and innovative opportunities and between linear DM and imitative opportunities; and (4) non-linear DM fully mediates between heterogeneous networks and innovative opportunities, and linear DM partially mediates between homogeneous networks and imitative opportunities. This paper contributes to literature on entrepreneurship by broadening understanding of the mechanisms of entrepreneurial opportunity formation in emerging markets and provides important insights for entrepreneurs and policymakers.
The rise of artificial intelligence (AI) has led to dramatic changes in the learning environment and living conditions of college students, who face enormous psychological challenges in the ubiquitous AI environment. Modern student-management research has focused on developing mechanisms for enhancing life satisfaction, alleviating emotional anxiety, and improving self-confidence. This study aims to investigate the influence of participation in cultural and artistic activities on college students’ life satisfaction. Through a questionnaire survey and data analysis of 708 college students, this study found a significant positive relationship between participation in cultural and artistic activities and college students’ life satisfaction. Further mediation analysis showed that positive psychological capital played a mediating role between participation in cultural and artistic activities and life satisfaction. Additionally, emotional intelligence was found to play a moderating role in this relationship, and college students with higher emotional intelligence had a more significant effect on positive psychological capital in terms of participation in cultural and artistic activities. The results of this study herein provide a new understanding of life satisfaction research among college students and offer practical guidance for promoting college students’ mental health and psychological well-being. This research also demonstrates the importance of participation in cultural and artistic activities and encourages college students to be active therein to enhance their psychological capital and improve life satisfaction. Furthermore, the cultivation and enhancement of emotional intelligence is emphasized as a key factor for college students to improve their psychological well-being through cultural and artistic activities.
This study empirically investigated the economic effect of CSR initiatives on innovation by examining Korean firms. Our primary objective of this study was to explore how a CEO compensation system can affect the CSR-innovation relationship. An integrated model of the impact of CSR on innovation activities was developed through analyzing various CEO compensation components such as structure, type, mix, and distribution. We identified the CEO compensation system that more suitably supports CSR in driving innovation performance improvement, and empirically examined a compensation system that enhances corporate innovation by creating a good alignment with CSR. Using a longitudinal data, we empirically tested the interactive effect of a CSR and compensation system of CEO in Korean publicly traded companies. Our empirical findings concerning the interaction between CSR strategies and CEO compensation schemes hold practical implications for establishing and implementing a suitable human resource system to improve organizational competitiveness.
Human resource management (HRM) in managing environmental, social, governance (ESG), or corporate social responsibility (CSR) initiatives has been recently raised. Yet, little attention has been paid to integrating CSR and HRM. Our primary goal was to identify how and whether certain HR practices are critical for developing employee capability to operate in firms with active CSR initiatives. We first examine the impact of external CSR activities on firm-level work outcomes. Moreover, we attempt to identify a choice of particular HR practices that could be aligned with external CSR activities. We then empirically examine how each HR practice interacts with external CSR activities that influence employee retention and labor productivity. Using three longitudinal datasets conducted by the government-sponsored research institution over 154 publicly traded Korean firms for five waves of survey years, the results show that external CSR has a limited impact on employee retention and labor productivity. However, when external CSR activities are combined with a specific set of HR practices, including person-organization fit-based selection, performance-based pay, extensive investment of training and development, and employee suggestion program, the impact of external CSR on employee work outcomes is more substantial. The results indicate that external CSR and a particular set of HR practices as internal CSR can be complementary and generate a positive interaction on creating sustainable human capabilities.
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