2016
DOI: 10.1080/13602381.2016.1161889
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Guanxi, political connections and resource acquisition in Chinese publicly listed private sector firms

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Cited by 26 publications
(23 citation statements)
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“…It is necessary for all parties involved in innovation to work together and solve problems. The common values, vision, and goals of the participants in the innovation processes can promote the emergence of collective actions, formation of consensus, reducing disputes, and improving coordination [30,52,74,75]. Therefore, managers should encourage and motivate employees to form common norms, vision, and consensus on their innovative tasks, and pursue the collective goals and mission in the entire innovation process [68].…”
Section: Discussionmentioning
confidence: 99%
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“…It is necessary for all parties involved in innovation to work together and solve problems. The common values, vision, and goals of the participants in the innovation processes can promote the emergence of collective actions, formation of consensus, reducing disputes, and improving coordination [30,52,74,75]. Therefore, managers should encourage and motivate employees to form common norms, vision, and consensus on their innovative tasks, and pursue the collective goals and mission in the entire innovation process [68].…”
Section: Discussionmentioning
confidence: 99%
“…Chinese organizations established strong ties with the government are more likely to have access to sustainable resources, protection, and support in business and policy areas [30,74]. It is helpful to break through the shortcomings or bottlenecks of innovation, reduce the uncertainty and risk of innovation, and ultimately shorten the time of innovation [52,75]. As mentioned before, organizations should actively set up and take advantage of guanxi connections with governments.…”
Section: Discussionmentioning
confidence: 99%
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“…Studies on guanxi have suggested that it may have both positive and negative outcomes. Some researchers have focused on its benefits such as promoting long‐term relationships (Wang, Shi and Barnes ) and providing access to scarce resources (Yu, Nahm and Song ) and human capital (Peng, Sun and Markóczy ), while others have suggested that guanxi may lead to corruption and cause ethical dilemmas (Luo ; Snell, Tjosvold and Wu ). It seems clear from prior research that Chinese guanxi may act as a double‐edged sword: it can lead to positive outcomes, but it may also lead to negative outcomes, especially in business relationships (Fan ; Warren, Dunfee and Li ).…”
Section: Theory and Hypothesis Developmentmentioning
confidence: 99%
“…Entrepreneurial resources, as a sum of all kinds of resources possessed by companies in the entrepreneurial process, are pivotal to corporate entrepreneurship and growth. Political connections as an important network capability greatly impact the entrepreneurial resource acquisition of companies [83]. Based on the study of the existing relevant literature, we can find that political connections can bring companies the following economic values.…”
Section: Political Connections and Entrepreneurial Resource Acquisitionmentioning
confidence: 98%