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

来源：

STRATEGIC ENTREPRENEURSHIP JOURNAL | 2012年 / 6卷 / 03期

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

页码：257 / 272

页数：16

共 49 条

[21] Engineering growth: Business group structure and firm performance in China's transition economy [J].

Keister, LA .

AMERICAN JOURNAL OF SOCIOLOGY, 1998, 104 (02) :404-440

[22] Business groups in emerging markets: Paragons or parasites? [J].

Khanna, Tarun ;

Yafeh, Yishay .

JOURNAL OF ECONOMIC LITERATURE, 2007, 45 (02) :331-372

[23] The role of managers' political networking and functional experience in new venture performance: Evidence from China's transition economy [J].

Li, Haiyang ;

Zhang, Yan .

STRATEGIC MANAGEMENT JOURNAL, 2007, 28 (08) :791-804

[24] Product innovation strategy and the performance of new technology ventures in China [J].

Li, HY ;

Atuahene-Gima, K .

ACADEMY OF MANAGEMENT JOURNAL, 2001, 44 (06) :1123-1134

[25] The adoption of agency business activity, product innovation, and performance in Chinese technology ventures [J].

Li, HY ;

Atuahene-Gima, K .

STRATEGIC MANAGEMENT JOURNAL, 2002, 23 (06) :469-490

[26] Returnee entrepreneurs, knowledge spillovers and innovation in high-tech firms in emerging economies [J].

Liu, Xiaohui ;

Lu, Jiangyong ;

Filatotchev, Igor ;

Buck, Trevor ;

Wright, Mike .

JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2010, 41 (07) :1183-1197

[27] Overseas work experience, savings and entrepreneurship amongst return migrants to LDCs [J].

McCormick, B ;

Wahba, J .

SCOTTISH JOURNAL OF POLITICAL ECONOMY, 2001, 48 (02) :164-178

[28] Managerial ties and firm performance in a transition economy: The nature of a micro-macro link [J].

Peng, MW ;

Luo, YD .

ACADEMY OF MANAGEMENT JOURNAL, 2000, 43 (03) :486-501

[29] DENSITY DEPENDENCE IN ORGANIZATIONAL MORTALITY - LEGITIMACY OR UNOBSERVED HETEROGENEITY [J].

PETERSEN, T ;

KOPUT, KW .

AMERICAN SOCIOLOGICAL REVIEW, 1991, 56 (03) :399-409

[30]

Qin F., 2007, Transnational mobility, social embeddedness, and new institutions: the return of Chinese engineers from the US

← 1 2 3 4 5 →