To study how entrepreneurial environments influence entrepreneurial opportunities and capacities in China.
Abstract
Purpose
To study how entrepreneurial environments influence entrepreneurial opportunities and capacities in China.
Design/methodology/approach
This paper constructs statistical models to test the relationship between environmental factors and entrepreneurial opportunities or capacities in 13 cities in China according to the conceptual model of GEM. Based on the data derived from GEM reports, the authors use principal component of factor analysis and lest square regression to study the impacts of entrepreneurial environments on entrepreneurial opportunities and capacities empirically.
Findings
This paper indicates that among 13 Chinese cities, if one city has more favorable conditions in terms of nine factors of entrepreneurial environments, it will have more entrepreneurial opportunities, and its entrepreneur will have higher capacities. Moreover, the authors find the extent of the impacts of the economic and cultural environments on entrepreneurial opportunities and capacities is higher than that of political and market environments.
Research limitations/implications
The quantity of sample statistics is relatively small, because it is difficult to develop the GEM project roundly in China.
Originality/value
This paper provides Chinese government with theoretical support so that the government can utilize limited resources to develop entrepreneurial activities. Meanwhile, it furthers foreign researchers and investors to understand the specific conditions in terms of Chinese entrepreneurial environments, opportunities, and capacities more clearly.
Details
Keywords
Anna Stark, Kim‐Shyan Fam, David S. Waller and Zhilong Tian
Negotiation is crucial to business alliances, but this process can become more complicated if there are language barriers and differences in cultural values, customs, and…
Abstract
Negotiation is crucial to business alliances, but this process can become more complicated if there are language barriers and differences in cultural values, customs, and lifestyles, such as Western businesses negotiating in the People’s Republic of China (PRC). Previous studies have presented models of the Chinese negotiating process but these are primarily from the US. This study examines the negotiating experiences of selected New Zealand investors who have had experiences negotiating either Foreign Direct Investment (FDI) or short‐term sales agreements in the PRC to create two conceptual models. The results provide some interesting insights for doing business in China.
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Zhilong Tian, Yuanqiong He, Changxu Zhao and Guangxi Yi
Compared with the fierce price competition in 1998, the well‐order price competition is witnessed in Chinese iron and steel industry now and the pricing behaviors of steel firms…
Abstract
Compared with the fierce price competition in 1998, the well‐order price competition is witnessed in Chinese iron and steel industry now and the pricing behaviors of steel firms also follow the certain rules. Based on the methods of collecting the secondary data and interviewing, this paper examines the pricing behaviors of firms to explain the how Chinese steel firms make their pricing decisions and maintain the well‐order competitive relationship among them. The authors found out that (1) most Chinese steel companies adopt a kind of strategic perspective in their pricing decision making, in which understanding of the market trend and the close attention to their competitors are both important; (2) there obviously exists price leader and followers in Chinese iron and steel industry, and the relationship between price leader and followers is relatively stable and the factor behind this phenomenon is the existence of a kind of informal platform of communication among competitors, government and trade associations.