The Influence of Entrepreneurs Childhood Socioeconomic Status on Radical Innovation:The Perspective of Life History Theory
Drawing upon life history theory,this research developed and tested a theoretical model through the scenario-based experiment and questionnaire survey method to investigate how entrepre-neurs'childhood socioeconomic status,as a distal motivational factor,affect their radical innovation through the proximal mediating motivation of regulatory focus.The results reveal that:① entrepre-neur's childhood socioeconomic status has a significant negative impact on radical innovation.② En-trepreneur's regulatory focus mediates the relationship between childhood socioeconomic status and radical innovation.Entrepreneurs with low childhood socioeconomic status exhibit a higher promotion-focused orientation,thereby positively influence their radical innovation.In contrast,entrepreneurs with high childhood socioeconomic status exhibit a prevention-focused orientation,hindering their rad-ical innovation.③ Furthermore,entrepreneurs current socioeconomic status moderates the relation-ship between regulatory focus and radical innovation.
life history theorychildhood socio-economic statuscurrent socio-economic statusregulatory focusradical innovation