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Founder Expertise, Strategic Choices, Formation, and Survival of High-Tech SMEs in China: A Resource-Substitution Approach

Accepted version
Peer-reviewed

Type

Article

Change log

Authors

Xiao, L 

Abstract

This paper uses a resource-based perspective to better understand how the three most established expertise possessed by founding entrepreneurs influence the development path of firms operating in the high-tech industrial sector. The longitudinal evidence from two rounds of face-to-face interviews with the owners of Chinese high-tech SMEs in 2004 and 2009 identifies three business strategic choices innovation, product, and production that are essential to optimize the expertise and sources of finance available for creating and growing a high-tech business. The findings from the interview evidence offer novel insights into the entrepreneurial development path of firms associated with types of entrepreneurs and availability of financial sources possessed by founding entrepreneurs.

Description

Keywords

35 Commerce, Management, Tourism and Services, 3507 Strategy, Management and Organisational Behaviour, 9 Industry, Innovation and Infrastructure

Journal Title

Journal of Small Business Management

Conference Name

Journal ISSN

0047-2778
1540-627X

Volume Title

54

Publisher

Wiley-Blackwell