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The role of managers' political networking and functional experience in new venture performance: Evidence from China's transition economy

Li, Haiyang, Zhang, Yan·2007·Strategic Management Journal

Abstract

Drawing upon the resource‐based view and transaction cost economics, this study aims to examine how various types of managerial resources (i.e., political networking and functional experience) can be beneficial to new ventures in a transition economy. Using survey data from a sample of new ventures in China's high‐technology industries, we demonstrate that managers' political networking and functional experience are positively related to new venture performance. We also find that the positive relationship between functional experience and new venture performance is moderated by the type of ownership of the ventures and the level of dysfunctional competition in their environments. Theoretical and managerial implications are discussed. Copyright © 2007 John Wiley & Sons, Ltd.

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Metadata

Authors
Li, H., & Zhang, Y.
Venue
Strategic Management Journal
Publisher
Wiley
Published
2007-03-16
Volume
28
Issue
8
Pages
791-804
ISSN
  • 0143-2095 (ISSN-L)
  • 1097-0266
OpenAlex
W2053903785
Cited by
1,004
References
7
FWCI
30.41
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The role of managers' political networking and functional experience in new venture performance: Evidence from China's transition economy. https://app.cochat.ai/papers/10.1002/smj.605
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Li, H., & Zhang, Y. (2007). The role of managers' political networking and functional experience in new venture performance: Evidence from China's transition economy. Strategic Management Journal. https://doi.org/10.1002/smj.605

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.