The Influencing Factors for Private Capital to Enter Strategic Emerging Industry ——Based on the SEM with the Data of 204 Sample Companies
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Abstract Strategic emerging industries have become the important motive to promote technological innovation, industry transformation and a new round of economic growth, and private capital has played an vital role in the development of strategic emerging industry in China. Government service, enterprise resource, government policies, social culture and economic environment affect private enterprises’ desire to enter the strategic emerging industries. Based on the valid survey of 204 companies, theoretical hypothesis are tested by structural equation model. The results show the more resource and capacities, the more entry of private enterprises into strategic emerging industry; efficient government service has a direct effect on the entering desire of private enterprises, and positive factors exist in economic environment; however, the government policy and social culture do not affect the entry of private enterprises directly while it can do so by improving the capacities of private enterprises. Finally, these results will be a useful reference for the government departments to promote private enterprises to enter and develop strategic emerging industries.
CHENG Gui-Sun,SUN Xin-Yi,RUI Meng-Jie. The Influencing Factors for Private Capital to Enter Strategic Emerging Industry ——Based on the SEM with the Data of 204 Sample Companies. Economic Survey, 2014, 31(5): 068.
2014, Vol. 31 
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