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Relational trust and new ventures' performance: the moderating impact of national-level institutional weakness

机译:关系信任和新企业的绩效:国家级制度薄弱的适度影响

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摘要

This study investigates the link between relational trust in exchange partners and new venture performance, and determines whether weakness in national-level formal institutions influences this link. Based on a sample of 203 entrepreneurs and their new ventures from Germany and China, findings reinforce the idea that new venture performance may profit from relational trust in exchange partners. However, interaction analyses also reveal that the performance implications of relational trust are contingent on the institutional context. The contributions and implications of these findings are discussed.
机译:这项研究调查了交换伙伴之间的关系信任与新企业绩效之间的联系,并确定了国家级正规机构的弱点是否会影响这一联系。基于对来自德国和中国的203位企业家及其新企业的抽样调查,研究结果进一步证明了新企业的绩效可能会受益于对交易所合作伙伴的关系信任。但是,互动分析还显示,关系信任对绩效的影响取决于制度背景。讨论了这些发现的贡献和含义。

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