Entrepreneurial firms in the context of China's transition economy: an integrative framework and empirical examination

Investigating corporate entrepreneurship in an emerging economy of China, this research proposes and substantiates an integrative framework that characterizes determinants for corporate entrepreneurship (institutional, organization-specific, and strategic market factors) and consequences of entrepre...

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Bibliographic Details
Published in:Journal of business research 2005-03, Vol.58 (3), p.277-284
Main Authors: Luo, Xueming, Zhou, Lianxi, Liu, Sandra S.
Format: Article
Language:English
Subjects:
Business
China
Economic trends
Emerging markets
Empiricism
Enterprises
Entrepreneurs
Entrepreneurship
Firm factors
Internationalization
Studies
Transition economies
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Summary:Investigating corporate entrepreneurship in an emerging economy of China, this research proposes and substantiates an integrative framework that characterizes determinants for corporate entrepreneurship (institutional, organization-specific, and strategic market factors) and consequences of entrepreneurship (sales growth and market share performance). Our empirical results indicate that internationalization, firm size and age, and market orientation all impact on the practice of corporate entrepreneurship, which in turn contributes to superior performance. Empirically, this paper provides initial evidence demonstrating the multifaceted determinants of corporate entrepreneurship in a transition economy. Our findings suggest that the Chinese firms appear to be integrating institutional changes and market-oriented activities to facilitate organizational growth.
ISSN:0148-2963
1873-7978
DOI:10.1016/S0148-2963(03)00159-0