Haojun Wang
ABSTRACT
Taking industrial agglomeration as the breakthrough point, this paper explores whether entrepreneurship can play a mediating role between agglomeration effect and enterprise technological innovation, puts forward a mediating model with moderating variables, and tests the moderating role of institutional environment in the whole process. Using survey data of 513 companies from Yangtze River delta, it demonstrates that industrial agglomeration effect is positively related to technological innovation and entrepreneurship plays a partial mediating role in this relationship. It also finds institutional environment plays a significant positive moderate role in the positive relationship of industrial agglomeration effect and entrepreneurship, entrepreneurship and technological innovation, and in the mediating effort of entrepreneurship.
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