An Analysis of Factors Influencing Entrepreneurs’ Performance in Business after Returning Home — Empirical Study Based on a Sichuan Sample

This paper uses survey data regarding native Sichuan entrepreneurs who have developed businesses outside of Sichuan Province and then returned, along with their organizations, to Sichuan. Our goal was to identify and examine the factors influencing their entrepreneurial performance by using SEM-P...

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Bibliographic Details
Main Authors: Zhou Dong, Liu Zongying
Format: Article
Language:English
Published: Editorial Department of Contemporary Social Sciences 2019-09-01
Series:Contemporary Social Sciences
Subjects:
Online Access:https://css.researchcommons.org/journal/vol2019/iss5/1
Description
Summary:This paper uses survey data regarding native Sichuan entrepreneurs who have developed businesses outside of Sichuan Province and then returned, along with their organizations, to Sichuan. Our goal was to identify and examine the factors influencing their entrepreneurial performance by using SEM-PLS. The results show that policy support, social relations and entrepreneurial self-efficacy have significant roles in entrepreneurial performance. No direct influence from the cultural or market environments was detected. Therefore, this study indicates that for entrepreneurs returning to their hometown the government should provide social and financial support for small and micro sized entrepreneurial ventures while the entrepreneurs should constantly strengthen their entrepreneurial selfefficacy by obtaining information through cultivated social relationships and market opportunities that will allow them to enhance their entrepreneurial performance
ISSN:2096-0212