At present, the research on the influence mechanism of psychological capital on farmers’ entrepreneurial behavior is relatively mature. However, the relationship between farmers’ entrepreneurial behavior and macroeconomics by entrepreneurial psychological capital is still unclear. Based on this, firstly, this work analyzes the entrepreneurial PsyCap in detail. Secondly, the research hypothesis is put forward and a conceptual model is implemented. A questionnaire is designed to analyze the current situation of farmers’ entrepreneurial PsyCap and entrepreneurial behavior. Finally, a structural equation model is (...) implemented to explore the relationship between farmers’ entrepreneurial behavior and macroeconomics. The path test of the SEM is utilized to obtain the following. Macroeconomic growth has a significant positive impact on entrepreneurial behavior. Macroeconomics can affect farmers’ entrepreneurial behavior to varying degrees by affecting the four entrepreneurial PsyCap of farmers’ subjective cognition, Tenacity, hope and open-mindedness. This indicates that entrepreneurial PsyCap plays an intermediary role between farmers’ entrepreneurial behavior and macroeconomics. The purpose of this work is to explore the relationship among farmers’ entrepreneurial behavior, macroeconomics, and the role of entrepreneurial PsyCap through empirical analysis, thereby providing a theoretical reference for the subsequent country’s optimization of farmers’ entrepreneurial strategies. (shrink)

Except the two types of state, complete failure and perfect functioning, some intermediate states also existed between those two states. This characteristic enables multistate system whose components are often of more than two states. Moreover, because of dependence between components, common cause failure enhances the failure risk of components during the operating period of MSS. A protection mechanism needs to be adopted because of the importance of certain components. For a MSS with CCF and protection mechanism, its reliability can be (...) evaluated by a proposed approach. Certain components not only can cause failure at one state, but also can cause failure to other components because of the CCF. Under the impact of one type of CCF, those components can constitute a specific group that can overlap with certain components. Universal generating function is adopted to incorporate the CCF and protection mechanism of a component. Consequently, reliability indices of a MSS can be evaluated by the proposed approach based on UGF. Examples and comparisons illustrate and validate this method. This method can also help engineers prioritize elements that require protection mechanism under various resource limitations. (shrink)

Interactions of entrepreneurs through social networks provide an available path for corporate risk contagions. However, the issue how entrepreneurs’ social networks influence on corporate risk contagion is still received limited attention from scholars. In this study, a framework is proposed to describe entrepreneurs’ interaction and corporate value creation. The main results of multiagent simulations indicate the following. First, either weak ties or strong connections of social networks can enhance density of corporate risk contagion. However, only strong connections can be moderated (...) by entrepreneurs’ risk preference. Second, weak ties improve risk exposure of individual corporations, while strong connections may probably decrease systematical risk of the market. Third, weak ties are important for mature corporations to achieve business success. However, for startups, strong connections are more valuable to maintain. The findings of this study not only provide theoretical support from some widely accepted economic phenomenon but also provide explanations for conflicting results from some previous literatures. (shrink)