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How Are Different Slack Resources Translated into Firm Growth? Evidence from China

机译：不同的休闲资源如何转化为企业增长？ 来自中国的证据

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This paper aims to clarify types of slack resources and mechanisms through which these resources are translatedinto the growth of transition economy firms. It compares human resource slack and financial slack in terms oftheir ‘proactivity’ to unveil their differing effects on firm growth. This paper further highlights firm-levelentrepreneurial activities as a mechanism through which these resources are translated into firm growth. Datawas collected from senior managers through a questionnaire survey from manufacturing firms in China’sZhejiang province. This paper demonstrates that not all slack resources are readily turned into firm growth asargued in most of prior studies. In particular, only proactive HR slack is directly related to firm growth, whilefinancial slack fuels firm growth via HR slack. Besides, HR slack also propels firm growth partially throughvarious corporate entrepreneurial activities. This paper proposes and demonstrates that ‘proactivitity’ is a crucialdimension that explains the differing effects of slack resources on firm growth. In addition, corporateentrepreneurial activities are an underlying mechanism through which HR slack is translated into firm growth.
机译：本文旨在阐明这些资源的休闲资源和机制，这些资源转化为转型经济企业的增长。它比较人力资源松弛和财务懈怠，在他的“疗程”方面，以揭示其对公司增长的不同影响。本文进一步突出了坚定的专业活动，作为这些资源转化为企业增长的机制。通过来自中国浙江省制造公司的调查问卷调查，从高级管理人员收集的数据。本文表明，在最先前的大部分研究中，并非所有的松弛资源都变得坚定地变成了坚定的增长。特别是，只有主动性的人力资源松弛直接与公司的增长直接相关，而金融松弛燃料通过人力资源松弛增长。此外，人力资源稀有还会推动企业增长部分地区的企业企业活动。本文提出并表明“促进性”是一种十四方米，解释了松弛资源对公司生长的不同影响。此外，企业家活动是一个潜在机制，人力资源稀有转化为坚实的增长。

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