Journal of Guizhou University of Finance and Economics ›› 2020 ›› Issue (01): 59-67.

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The Impact of Technological competence on Product Innovation with the Moderation of Political competence and Start-up Experience

MENG Jun-ben   

  1. Financial Management, Management Dept, Shaanxi University of Technology, hanzhong, shanxi 723001, China
  • Received:2019-07-06 Online:2020-01-15 Published:2020-01-15

Abstract: Based on the perspective of resource orchestration theory, explore the impact of technological capabilities on product innovation, as well as the moderating effects of entrepreneurial skills such as entrepreneurial political competence and start-up experience. Using 281 new ventures from the Yangtze River Delta, Pearl River Delt and Tianjin-Beijing Region as the research objects, the article found that there is an inverted U-shaped relationship between technological capabilities and product innovation. There is a threshold for the impact of technological capabilities on product innovation of new ventures. Above this level, the innovation benefits of technological capabilities begin to decline; Entrepreneurial competencies such as political competence and start-up experience have a moderating effect on the relationship between technological capabilities and product innovation, and help to strengthen the innovative benefits of technological capabilities. The results also show that technological capabilities and entrepreneurial skills levels are key factors influencing the efficiency of resource management in new ventures.

Key words: technological competence, product innovation, political competence, start-up experience, new venture

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