Returnees Versus Locals: Who Perform Better in China's Technology Entrepreneurship?

被引:152
作者
Li, Haiyang [1 ]
Zhang, Yan [1 ]
Li, Yu [2 ,3 ]
Zhou, Li-An [3 ]
Zhang, Weiying [3 ]
机构
[1] Rice Univ, Jesse H Jones Grad Sch Business, Houston, TX 77005 USA
[2] Univ Int Business & Econ, Sch Business, Beijing, Peoples R China
[3] Peking Univ, Guanghua Sch Management, Beijing 100871, Peoples R China
关键词
returnees; new venture performance; state control; emerging markets; technology entrepreneurship; TRANSITION ECONOMY; ORGANIZATIONAL MORTALITY; VENTURE PERFORMANCE; EMERGING ECONOMIES; PRODUCT INNOVATION; FIRM PERFORMANCE; STRATEGY; GROWTH; TIES; HETEROGENEITY;
D O I
10.1002/sej.1139
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine performance differences between new ventures led by returnees and those led by their local counterparts in China. We argue that while, compared with locals, returnees have the advantages of higher education and overseas experience, they also have disadvantages in their home country in terms of lack of both local connections and local knowledge. Since returnees' effect on venture performance is the net effect of their advantages and disadvantages, contextual factors that can help them overcome their disadvantages should improve their ventures' performance. With a sample of new technology ventures in China, we find strong support for this argument. Copyright (C) 2012 Strategic Management Society.
引用
收藏
页码:257 / 272
页数:16
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