Title: Entrepreneurial strategies in a transitional economy: Chinese state and non-state enterprises compared and contrasted
Authors: Justin Tan, Yadong Luo, Oded Shenkar
Addresses: Creighton University, Omaha, NE 68178, USA. ' University of Miami, Coral Gables, FL 33124, USA. ' The Ohio State University, Columbus, OH 43210 1399, USA
Abstract: This study compares and contrasts certain characteristics of entrepreneurial orientations in response to China|s emerging business environment among state owned enterprises (SOEs) and township/village enterprises (TVEs). A survey of SOE and TVE managers shows that, in comparison to SOEs, TVEs tend to be more innovative, adaptive and proactive in response to the dynamism and munificence of the business environment. SOE-TVE differences are less pronounced, however, with regard to environmental complexity. Implications for entrepreneurship research and practice as well as for the future performance of SOEs and TVEs are delineated.
Keywords: China; transitional economies; strategic adaptation; firm performance; state enterprises; township/village enterprises; entrepreneurial characteristics; state owned enterprises; innovation; entrepreneurship; developing countries; entrepreneurs; business environment; strategic management; proactive; risk-taking.
DOI: 10.1504/IJEIM.2005.007004
International Journal of Entrepreneurship and Innovation Management, 2005 Vol.5 No.5/6, pp.518 - 539
Published online: 02 May 2005 *
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