Chinese entrepreneurship: the development of small family firms in China

Abstract

This explorative paper considers the recent developments in the emerging small family business sector in post-reform China as the country embraces socio-economic and structural transition from a centrally planned to a market-orientated system. The important contributions that Chinese small family firms play in the acceleration of private sector development across the social and industrial sectors as well as the geographic boundaries of the Pacific Rim are highlighted. The authors propose typologies of Chinese entrepreneurship and tentative enterprise policy recommendations for the future development of small private family businesses in China

The Effects of Transformational Leadership in Chinese Family Business How Should Family Business Lead Their Family Employees?

“…One school of thought claims that owners and family employees in family businesses share certain vision, value and beliefs, and have high level of loyalty, commitment, trust and communication based on their long-term family relationship [17,18]. These characteristics all serve as beneficial contextual factors for the exercise of transformational leadership.…”

“…One group of scholars believes that family businesses provide a perfect ground for the exercise of transformational leadership. The leadership adopted in family businesses may actually be similar to transformational leadership [17,18]. The other group of scholars argues that transformational leadership will be seen as threatens to the stability of the traditional family business structure, thus may not be welcomed by both family business owners and family employees [10,14,19].…”

Chinese Culture and Its Potential Influence on Entrepreneurship

“…In addition, there is a sizable Chinese diaspora all over the world, and overseas Chinese, particularly those in Southeast Asia, have a reputation of excelling in entrepreneurial activities, which, in general, have been phenomenally successful. For instance, in The Philippines, ethnic Chinese account for only 1% of its population, but they control some 40% of its economy; in Malaysia, the two numbers are about 1/3 and 2/3 respectively; in Indonesia, 4% of the population are ethnic Chinese, who control proximately 50% of the domestic business activities in the country (Poutziouris et al, 2002). These figures are compelling evidence of extraordinary Chinese entrepreneurship.…”

“…China is one of the largest economies in the world, and entrepreneurship has greatly contributed to China's economic development in recent decades (Poutziouris, Wang, & Chan, 2002;Zapalska & Edwards, 2001). In addition, there is a sizable Chinese diaspora all over the world, and overseas Chinese, particularly those in Southeast Asia, have a reputation of excelling in entrepreneurial activities, which, in general, have been phenomenally successful.…”

Empreendedorismo Em Empresas Familiares: A Pesquisa Atual E Os Desafios Futuros

“…Entre elas, destacam-se: a questão do risco (Dyer & Mortensen, 2005; Zahra, Nordqvist, Sjöberg, & Wiklund, 2007;Memili, Eddleston, Kellermanns, Zellweger, & Barnett, 2010;Wang & Poutziouris, 2010;Huybrechts, Voordeckers, & Lybaert, 2013), o comportamento empreendedor (Littunen & Hyrsky, 2000;Chrisman, Chua, & Steier, 2002;Kellermanns, Eddleston, Barnett, & Pearson, 2008;Weismeier-Sammer, 2011;Eddleston, Kellermanns, & Zellweger, 2012), a formação de equipes empreendedoras entre membros de famílias empresárias (Cruz, Hamilton, & Jack, 2012;Brannon, Wiklund, & Haynie, 2013;Cruz, Howorth, & Hamilton, 2013;Schjoedt, Monsen, Pearson, Barnett, & Chrisman, 2013) e o empreendedorismo étnico (Poutziouris, O'Sullivan, & Nicolescu, 1997;Poutziouris, Wang, & Chan, 2002;Pistrui, Huang, Oksoy, Jing, &Welsch, 2001;Basu, 2004). Constata-se que as oito temáticas apresentadas concentram 65,75% da produção científica sobre empreendedorismo em empresas familiares, constituindo opções relevantes para a realização de pesquisas.…”