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组织冗余是否以及如何驱动公司创业是战略学者讨论的热点议题。本文基于创业过程中机会内/外生的动态平衡视角,认为创造性的资源拼凑和手持资源的机会搜寻是沉寂的组织冗余转化为公司创业的双元式中介路径过程。2015年7—10月间对广东、北京和湖北共336家企业进行问卷调查并对数据进行结构方程建模发现:(1)企业的未吸收冗余如现金存留和应收账款等,其变现能力和流动性强,刺激企业识别低买高卖的市场交易增值机会,提升了企业的新机会识别能力;(2)已吸收冗余内嵌于固定投资和生产流程之中,变现能力弱利用效率低,刺激企业发掘其新用途以解决产能过剩问题,从而提升了企业的资源拼凑能力;(3)企业识别的机会越多,对资源的拼凑活动越频繁,其公司创业绩效越好;且机会识别和资源拼凑在组织冗余与公司创业绩效的正向关系中起到了完全中介的作用。上述结果厘清了组织冗余转化为公司创业的“黑箱”过程,为深入理解冗余与创业的内在连接机理提供了新的理论视角和经验证据。
Whether organizational redundancy and how to drive a company’s startup is a hot topic discussed by strategic scholars. Based on the dynamic equilibrium perspective of opportunities in the process of entrepreneurship, this paper argues that creative resource pooling and hand-held resource search are the dualistic intermediary pathways of transforming the organizational redundancy into corporate entrepreneurship. From July to October in 2015, a total of 336 enterprises in Guangdong, Beijing and Hubei were surveyed and structural equation modeling was conducted. The results showed that: (1) Enterprises did not absorb the redundancy such as cash and accounts receivable, which Liquidity and strong liquidity, to stimulate businesses to identify low buy and sell high market trading opportunities, enhance the ability of enterprises to identify new opportunities; (2) has absorbed redundant embedded in the fixed investment and production processes, weak liquidity Use of low efficiency, to stimulate enterprises to explore new uses to solve the problem of overcapacity, thereby enhancing the enterprise’s ability to put together the resources; (3) the more opportunities for business identification, the more frequent the patchwork of resources, the better their entrepreneurial performance; And opportunity identification and resource pooling play a complete intermediary role in the positive relationship between organizational redundancy and corporate entrepreneurial performance. The above results clarify the “black box” process of transforming organizational redundancy into corporate entrepreneurship, which provides a new theoretical perspective and empirical evidence for understanding the inherent connection mechanism between redundancy and entrepreneurship.