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针对小微企业在初创时合法性较低、非正规的弱性特征较明显的特点,运用资源基础观和能力理论等创构了新创企业内部资源和能力弱性与企业失败的关系模型并提出研究假设。以从《中国工业企业数据库》中随机抽取的811个失败企业为样本进行实证研究,揭示了新创企业的各种资源和能力对企业失败的影响。最后提出了改善当前新创企业资源和能力弱性进而提升生存概率的建议。
In view of the low legitimacy and informal weakness characteristics of small and micro enterprises at the time of their start-up, this paper constructs the relationship model between internal resources and capability weakness of enterprises and failure of enterprises by using resource-based view and capability theory Proposed research hypothesis. An empirical study of 811 FCEs randomly selected from the database of China’s industrial enterprises reveals the impact of various resources and capabilities of startups on the failures of enterprises. In the end, some suggestions are put forward to improve the current resources and capabilities of new start-ups and to improve their survival probability.