Title: Technological human capital, firm innovativeness, and entrepreneurial success: the moderating role of seeking and receiving external funding

Authors: Huajing Li; Jintong Tang

Addresses: Department of Business Administration, School of Economics and Management, Beijing Forestry University, Teaching and Research Building, Room C627, No. 35 Qinghua East Road, Beijing, 100083, China ' Department of Management, John Cook School of Business, Saint Louis University, 3674 Lindell Blvd, Room 469A, St. Louis, MO, 63108, USA

Abstract: The majority of research on human capital has focused on the role of general human capital in organisational performance. Our study examines technological human capital, a form of specific human capital, and proposes that it is particularly important for entrepreneurial success in emerging economies such as China. We propose a multi-level and multi-stage theoretical model in which entrepreneurs' technological human capital positively impacts firm innovativeness and entrepreneurial success. Further, entrepreneurs' ability to seek and receive external funding positively moderates the effect of technological human capital on firm innovativeness and the influence of firm innovativeness on entrepreneurial success.

Keywords: technological human capital; firm innovativeness; external funding; entrepreneurial success; emerging economies; China; entrepreneurship.

DOI: 10.1504/WREMSD.2017.080761

World Review of Entrepreneurship, Management and Sustainable Development, 2017 Vol.13 No.1, pp.106 - 119

Received: 06 Sep 2015
Accepted: 07 Jan 2016

Published online: 06 Dec 2016 *

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