Entrepreneurship and SME Strategy in the Chinese Economic Transition: A perspective of personal values

Title
Entrepreneurship and SME Strategy in the Chinese Economic Transition: A perspective of personal values
Publication Date
2008
Author(s)
Gao, K
Kotey, Bernice Adei
Editor
Editor(s): Robert Anderson
Type of document
Conference Publication
Language
en
Entity Type
Publication
Publisher
International Council for Small Business (ICSB)
Place of publication
online
UNE publication id
une:7041
Abstract
The economic reform in China is creating a cultural context in which both Western and Eastern value systems relevant to business co-exist. Although the influence of Western culture on overseas Chinese owner-managers is discussed in the literature, it is unclear as to what extent Chinese CEOs on the mainland exhibit entrepreneurial as opposed conservative values and how their positions on the entrepreneurial-conservative continuum affect their strategic decisions. These issues are addressed in this study and interrelationships among the Rokeach and Chinese personal value systems assessed. The findings portray the Chinese CEO as having a dual value system comprising both entrepreneurial and conservative values both of which are necessary for successful business operation in the Chinese context. The findings reveal that the entrepreneurial-conservative continuum does not apply as simply to the mainland Chinese CEOs as depicted in the Western literature and that the association between Chinese values and strategies is more complex.
Link
Citation
Proceedings of the 53rd ICSB World Conference
ISBN
9780973650228

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