Professional power, job security, and decision making in project funding: The assessors’ perspective

Keywords:
assessors’ professional power, assessors’ social connections, job security, project funding decision making, project assessors' evaluation scores, Beijing Innofund
Abstract

We examined the influence of assessors’ professional power and social connections on their decision making regarding evaluation for funding of new business projects, as well as the moderating effect of the assessors’ own job security. Using 1,517 observations from 2017 Beijing Innofund data, we found that the assessors’ professional power and social connections were both positively related to their evaluation scores. The job security of the assessors significantly positively moderated the effect of their social connections, but the moderating effect of job security on their professional power was nonsignificant. Theoretical and practical implications are discussed.

Author Biographies
  1. Chuqing Zhang, North China Electric Power University
    School of Economics and Management
  2. Yanbin Li, North China Electric Power University
    School of Economics and Management
  3. Dunnan Liu, North China Electric Power University
    School of Economics and Management
  4. Xiaoting Hu, Tsinghua University
    School of Economics and Management
References
Published
2019-10-31
Section
Articles
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