The impact mechanism of entrepreneurial competency and entrepreneurial model matching on entrepreneurial performance

Abstract

ABSTRACT From the perspective of matching, this paper explores the impact mechanism of entrepreneurial competency and entrepreneurial model matching on entrepreneurial performance. Then this paper uses cluster analysis and independent sample t-test to carry out the empirical analysis. The research results show the following relationship. (1) Entrepreneurs whose risk aversion psychology, entrepreneurial learning cognition, organizational management functions, and genetic network application capabilities are matched with survival-driven entrepreneurial models can improve the survival performance of new ventures. (2) Entrepreneurs whose risk propensity psychology, knowledge conversion cognition, strategic decision-making functions, and industrial network application capabilities are matched with the opportunity-driven entrepreneurial model, which can improve the survival and growth performance of new ventures. (3) Entrepreneurs’ self-potency psychology, technology transformation cognition, R&D innovation function, and network management capabilities are matched with the innovation-driven entrepreneurial model, which can improve the innovation performance of new ventures. Through empirical analysis, it was found that there were 22 matching samples, accounting for 61.11% of samples. There were 14 mismatched samples, accounting for 38.89% of samples, indicating a higher matching degree between entrepreneurial capability cluster and innovation-driven entrepreneurial model.