A Research on Technological Innovation, External Social Capital and Growth of Firm: An Empirical Study Based on the Resource-Based Enterprises

Abstract

Based on the study sample of 108 resource-based enterprises and the integration of internal growth mechanism and external growth mechanism of enterprises, this paper explores mutual relationship among technological innovation, external social capital and growth of firm. The results show that technological innovation and external social capital have significant affect on growth of firm. It also concludes that external social capital enhances technological innovation directly and improves growth of firm indirectly.