Hong Kong entrepreneurs in China : an overview of entrepreneurial strategy and behavioral competencies of Hong Kong small and medium manufacturersin emerging China environment

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Hong Kong entrepreneurs in China : an overview of entrepreneurial strategy and behavioral competencies of Hong Kong small and medium manufacturersin emerging China environment

 

Author: Ho, Wai-kei
Title: Hong Kong entrepreneurs in China : an overview of entrepreneurial strategy and behavioral competencies of Hong Kong small and medium manufacturersin emerging China environment
Degree: M.B.A.
Year: 2001
Subject: Hong Kong Polytechnic University -- Dissertations
Businesspeople -- China
Businesspeople -- China -- Hong Kong
Entrepreneurship -- China
Entrepreneurship -- China -- Hong Kong
Small business -- China
Small business -- China -- Hong Kong
Department: Dept. of Management
Pages: v, 140 leaves : ill. ; 30 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1611609
URI: http://theses.lib.polyu.edu.hk/handle/200/134
Abstract: Several scholars (Chau 1993, Cheah 1989, 1992, 1994, Cheah & Yu 1996, and Yu 1997, 1999, 2000) stressed that Kirznerian mode of entrepreneurship well explained the economic success of Hong Kong since 1970s. From late 1970s, many Hong Kong entrepreneurs were alert to opportunities and moved their business into China, a transition and emerging economy. Drawing on entrepreneurship development experience in East Central European countries and former Soviet Union nations, author argued that entrepreneurs in emerging and transition market require innovativeness, initiative, and proactive measures for competitive advantage. The author proposed that Hong Kong type entrepreneurship in China should skew towards the Schumpeterian entrepreneurship, but not exactly an adaptive Kirznerian mode as described by previous scholars. In the two-period analysis, five entrepreneurs were interviewed and it was found that they showed adaptive behaviors during the time they were operating in Hong Kong. The findings supported previous ideas that Hong Kong was a Kirznerian entrepreneurial city. Afterwards, the author concluded that, first, Hong Kong entrepreneurs in China show a Hong Kong type of entrepreneurship that is not categorized as Schumpeterian mode in nature as proposed. Instead, it is a blend mode of strategy reflecting adaptiveness, responsiveness, opportunism, strategic and creativity in action. It tends to go between the spectrum of Kirznerian and Schumpeterian concept or close to Kirznerian mode of entrepreneurship. Second, there exists a spectrum between the Kirznerian and Schumpeterian mode of entrepreneurship in practice. Third, mode of strategy varies during stages of business development. The author's proposition was not fulfilled. The study is two folds. Applying the competencies model by Lau, Chan and Man (2000), competencies of the entrepreneurs in study were identified. Based on frameworks by previous scholars (Herron and Robinson 1993, Chandler and Hanks 1994, and Li 2000), the author then depicted further understandings and suggested that, firstly, behavioral competency plays a prominent role in influencing and interacting with entrepreneurial strategy. It may explain Hong Kong entrepreneurs blend mode of entrepreneurship in China context. Secondly, interactions among competencies, strategies, and other contextual variables, like government practice account for the blend mode of strategies. The author also suggested that a blend mode of entrepreneurship, comparing with that of a Kirznerian mode, would more likely to contribute to a relatively better performance for Hong Kong entrepreneurs in China environment. This study brings new strategic perspectives in human planning and development, marketing orientation, and optimal scaling to Hong Kong entrepreneurs in China for competitive advantages.

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