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1.
Venture capital in China: Past,present, and future 总被引:8,自引:6,他引:2
This article reviews the literature on venture capital in China and examines where China’s venture capital industry has been
and where it is likely to go in the future. Since the 1980s, venture capital in China has grown steadily alongside the robust
national economy. The future is likely to offer even greater opportunities, as entrepreneurs are encouraged and property rights
improve. However, there will also be a period of transition as the market continues to mature and as new legal structures
and commercial arrangements emerge. Venture capital in China has many interesting differences from that in Western countries.
The venture capital industry is shaped by the institutional context and China is no exception to this. This article also examines
some specific differences between the system in China and that of the United States. Future prospects for venture capital
are also appraised as China continues its transition to a market economy.
David Ahlstrom (PhD, New York University) is a professor in the Management Department at The Chinese University of Hong Kong where he has taught for 11 years in international management and human resources. His research interests include international management and entrepreneurship in emerging economies. Professor Ahlstrom has published over 50 refereed articles in publications such as The Academy of Management Review, the Journal of Business Venturing, and Asia Pacific Journal of Management where he is currently a senior editor. Garry D. Bruton (PhD, Oklahoma) is a professor of entrepreneurship at the Neeley School of Business at Texas Christian University. His research focuses on entrepreneurship in emerging markets. He has published over 50 academic articles in journals such as The Academy of Management Journal, Strategic Management Journal, and Asia Pacific Journal of Management. Professor Bruton has also co-authored two textbooks published by Thomson-Southwestern. He is currently an associate editor of the Academy of Management Perspectives and is a senior editor of the Asia Pacific Journal of Management. Kuang S. Yeh (PhD, Carnegie Mellon) is a professor and chairman of the Department of Business Management at the National Sun Yat-Sen University in Kaohsiung, Taiwan. His areas of interest are in organization theory, corporate governance, business ethics, and entrepreneurship and venture capital. Professor Yeh has published in journals such as the Journal of World Business, International Business Review and a number of academic journals in Taiwan. He is currently studying issues of firm growth and change in China’s and Taiwan’s private enterprises. 相似文献
Kuang S. YehEmail: |
David Ahlstrom (PhD, New York University) is a professor in the Management Department at The Chinese University of Hong Kong where he has taught for 11 years in international management and human resources. His research interests include international management and entrepreneurship in emerging economies. Professor Ahlstrom has published over 50 refereed articles in publications such as The Academy of Management Review, the Journal of Business Venturing, and Asia Pacific Journal of Management where he is currently a senior editor. Garry D. Bruton (PhD, Oklahoma) is a professor of entrepreneurship at the Neeley School of Business at Texas Christian University. His research focuses on entrepreneurship in emerging markets. He has published over 50 academic articles in journals such as The Academy of Management Journal, Strategic Management Journal, and Asia Pacific Journal of Management. Professor Bruton has also co-authored two textbooks published by Thomson-Southwestern. He is currently an associate editor of the Academy of Management Perspectives and is a senior editor of the Asia Pacific Journal of Management. Kuang S. Yeh (PhD, Carnegie Mellon) is a professor and chairman of the Department of Business Management at the National Sun Yat-Sen University in Kaohsiung, Taiwan. His areas of interest are in organization theory, corporate governance, business ethics, and entrepreneurship and venture capital. Professor Yeh has published in journals such as the Journal of World Business, International Business Review and a number of academic journals in Taiwan. He is currently studying issues of firm growth and change in China’s and Taiwan’s private enterprises. 相似文献
2.
How does strategic orientation matter in Chinese firms? 总被引:3,自引:2,他引:1
As China continues to transition toward a market economy, how strategic orientation affects firm performance has received
significant attention. This article reviews the extant literature with a framework that depicts contemporary work on strategic
orientation, the drivers of strategic orientation, and its boundary conditions. We identify important research gaps and propose
to integrate institutional theory, dynamic capability perspective, and the knowledge-based view within the strategic orientation
research stream for future investigations.
相似文献
Caroline Bingxin LiEmail: |
3.
Dean Tjosvold Ann Chunyan Peng Yi Feng Chen Fang Su 《Asia Pacific Journal of Management》2008,25(2):225-249
Although government withdrawal from business has traditionally been considered a key reform in developing a market economy,
the Chinese government remains active. This study uses the social psychological theory of cooperation and competition to analyze
the interdependence between government and business. Structural equation results of interviews of specific incidents collected
from 105 government officials and business people in Shanghai, China, support the model that cooperative, but not competitive
or independent, goals induce open-minded discussions that in turn strengthen their relationships, accomplish tasks, foster
confidence they will work productively in the future, and develop their industry and the marketplace.
相似文献
Fang SuEmail: |
4.
Future research on human resource management systems in Asia 总被引:4,自引:4,他引:0
Re-emphasizing the need to examine human resource management (HRM) in context, this article builds around four themes. First,
it analyses the main issues discussed in the existing literature regarding HRM in the Asian context. Second, it highlights
the critical challenges facing HRM function in the region. Third, along with the analysis, it presents an agenda for future
research. Fourth, it presents a framework useful for highlighting the context specific nature of Asian HRM functions and the
main determinants of HRM policies and practices from a cross-national comparative perspective.
相似文献
Yaw A. DebrahEmail: |
5.
Contractual joint ventures (CJVs) are a major form of non-equity strategic alliance in China, employed mainly by Hong Kong
firms in the south China province of Guangdong. Due to their ambiguous legal status and the lack of conceptualisation and
of their contractual nature, there has been little empirical research on CJVs. By theorising CJVs as a relational subcontracting
arrangement and drawing on data from structured interviews with managers from both sides, this paper reveals the managerial
decisions pertaining to the formation and evolution of the CJV non-equity alliances in Guangdong.
相似文献
Stephen NicholasEmail: |
6.
The conflicting views about the impact of organizational slack on firm performance call for more powerful theoretic lens to
explore this link. This study finds that institutional theory is insightful to add a deeper and finer-grained understanding
on what is behind the relationship between organizational slack and firm performance during institutional transitions. As
a replication with extension of the research of Tan and Peng (Strategic Management Journal, 24: 1249–1263, 2003), this study not only replicates the impact of organizational slack on firm performance in a broader and more recent context,
but also extends previous work by advocating and enriching the impact of institutional transitions on this link. Using a large
sample of Chinese listed firms, we find that unabsorbed slack is critical for firms to sustain their competitive advantages.
Further, such a positive impact is especially likely to be profound for firms confronting resource scarcity and environmental
dynamism caused by institutional transitions.
相似文献
Yuan LiEmail: |
7.
Ho-Beng Chia Carolyn P. Egri David A. Ralston Ping Ping Fu Min-Hsun Christine Kuo Chay-Hoon Lee Yongyuan Li Yong-Lin Moon 《Asia Pacific Journal of Management》2007,24(3):305-320
This study examines the influence of economic and political factors that contribute to the convergence and/or divergence in
value priorities of five East Asian societies—China, Hong Kong, Singapore, South Korea, and Taiwan. We find that political
and social-economic factors influence the values orientations of managers within this region. However, economic development
level is an insufficient explanation for values convergence without consideration of the societal context and cultural traditions
in which that development occurred.
相似文献
Yong-Lin MoonEmail: |
8.
The adolescence of Asia management research: <Emphasis Type="Italic">APJM</Emphasis>, 1997–2006 总被引:3,自引:3,他引:0
Erin G. Pleggenkuhle-Miles Ramya R. Aroul Sunny Li Sun Yu-Shan Su 《Asia Pacific Journal of Management》2007,24(4):467-489
In this article we reflect on the adolescent years of Asia management research published in the Asia Pacific Journal of Management (APJM) by reviewing work published in the past 10 years (1997–2006). We report that during the last decade, APJM has published 223 research articles, written by 373 different authors, who are affiliated with 203 different institutions.
Our discussion of the future of Asia management research is guided by Kuhn’s (Kuhn, T. S. The structure of scientific revolutions. Chicago: University of Chicago Press, 1962) perspective on the nonlinear progression of science. We argue that as a growing
community, Asia management research is finding its “identity” and establishing its presence in the larger worldwide management
research community. Following our analysis, we conclude that the growth of Asia management research—as captured by APJM publications—throughout its “adolescent” years has set forth a challenging and exciting path for the future.
All authors contributed equally. We thank Mike Peng (Editor-in-Chief) for his encouragement and advice. This work was completed
when Yu-Shan Su was a Fulbright visiting scholar at the University of Texas at Dallas (UTD). She thanks the Fulbright Association
and the Taiwanese Ministry of Education for partially funding this work.
Erin G. Pleggenkuhle-Miles is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include institutional effects on firm strategies and rural entrepreneurship. Ramya R. Aroul is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include organization strategy and evolution of new industries in emerging economies and rural entrepreneurship. Sunny Li Sun is a PhD student in International Management Studies at the University of Texas at Dallas. His research interests include strategy on internationalization, M&A, alliance network and innovation. Yu-Shan Su (PhD, National Taiwan University) is Assistant Professor of International Business at Chang Jung Christian University, Tainan, Taiwan. During 2006–07, she was a Fulbright visiting scholar at the University of Texas at Dallas. Her research interests are innovation and knowledge management in organizations and R&D management in the biotechnology and pharmaceutical industry. 相似文献
Erin G. Pleggenkuhle-MilesEmail: |
Ramya R. AroulEmail: |
Sunny Li SunEmail: |
Yu-Shan Su (Corresponding author)Email: |
Erin G. Pleggenkuhle-Miles is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include institutional effects on firm strategies and rural entrepreneurship. Ramya R. Aroul is a PhD student in International Management Studies at the University of Texas at Dallas. Her research interests include organization strategy and evolution of new industries in emerging economies and rural entrepreneurship. Sunny Li Sun is a PhD student in International Management Studies at the University of Texas at Dallas. His research interests include strategy on internationalization, M&A, alliance network and innovation. Yu-Shan Su (PhD, National Taiwan University) is Assistant Professor of International Business at Chang Jung Christian University, Tainan, Taiwan. During 2006–07, she was a Fulbright visiting scholar at the University of Texas at Dallas. Her research interests are innovation and knowledge management in organizations and R&D management in the biotechnology and pharmaceutical industry. 相似文献
9.
This article reviews major theoretical and empirical work on vertical and horizontal Japanese keiretsu. We first outline the history, characteristics, and strategic and performance implications of each type of business group.
We then discuss changes in the Japanese economy during the post-1992 Japanese economic decline and their implications for
the persistence and continued benefits of each form of inter-corporate grouping followed by a discussion of empirical findings
regarding the continued role of keiretsu in the Japanese economy. The review concludes by exploring areas of future research into the evolution of keiretsu ties and their implications.
相似文献
Sandra DowEmail: |
10.
Government corruption and foreign stakes in international joint ventures in emerging economies 总被引:2,自引:2,他引:0
Pierre-Xavier Meschi 《Asia Pacific Journal of Management》2009,26(2):241-261
This paper analyzes the relationship between government corruption and the changes in the equity stake of foreign partners
in international joint ventures (IJVs) formed with local firms in emerging Asian economies. This relationship is defined according
to transaction cost theory. This relationship is complemented by the introduction of a moderating variable derived from organizational
learning theory: the country experience of foreign partners. This article is based on a sample of 171 European firms, which
formed IJVs in emerging Asian economies during the year 1996. Using an event history analysis, the evolution of each European
equity stake was followed-up from year 1996 to the end of the period at risk on January 2007. From the empirical results presented
in this article, some findings have been drawn on the attitudes of foreign firms toward government corruption in emerging
Asian economies. First, we showed that the government corruption is significantly related to the likelihood of foreign partners
to terminate the IJV. However, the nature of this relationship is differentiated according to the score used to measure government
corruption. The relationship is positive when using the Transparency International score and negative with the Political Risk
Services score. Second, we put into evidence that the country experience of foreign partners moderates the relationship between
government corruption and the changes in the equity stake of foreign partners in IJVs in emerging Asian economies.
相似文献
Pierre-Xavier MeschiEmail: |
11.
Knowledge management in technology-focused firms in emerging economies: Caveats on capabilities,networks, and real options 总被引:9,自引:7,他引:2
Garry D. Bruton Gregory G. Dess Jay J. Janney 《Asia Pacific Journal of Management》2007,24(2):115-130
In mature economies, technology-focused industries and the management of knowledge are widely viewed as critical to success.
Increasingly, in emerging economies technology-focused industries and the management of knowledge are also viewed as important.
To date, however, little is known about such activities in emerging economies. Particularly, it is not understood how knowledge
management can impact efforts for corporate renewal in such environments. The literatures of the resource-based view of the
firm, social capital/network theory, and real options theory are vital to providing insights for technology-focused industries
and the management of knowledge in mature economies. In this paper we focus on the caveats when applying such theoretical
foundations to emerging economies. To illustrate these issues we will draw on the largest emergent economy in the world, China.
相似文献
Jay J. JanneyEmail: |
12.
Recent years have witnessed the surging of Chinese manufacturers, as China has become the world’s factory floor. This paper
presents a case study of one of the most successful manufacturers in China, the Galanz Group, now the world’s largest microwave
manufacturer. Based on theories of multinational corporations from emerging economies, the paper examines the process of Galanz’s
integration into the global market. The company has developed unique competitive strategies that have made it a great success
within China and in overseas markets. The Galanz model suggests strong strategic implications for both Chinese firms and incumbent
multinational corporations.
相似文献
Daniel Z. DingEmail: |
13.
Social capital and cross-selling within financial holding companies in an emerging economy 总被引:3,自引:3,他引:0
Social capital is the goodwill available to individuals or groups from their network of relationships. It is widely believed
that social capital is useful in facilitating and governing hazardous transactions. But how social capital, in the context
of a financial holding company (FHC), actually facilitates cross-selling is unknown, especially in an emerging economy. This
article maintains that effective cross-selling requires an FHC to first access and accumulate comprehensive and tacit customer-specific
knowledge (the “where from” condition) and then share and leverage this knowledge to other applicable business opportunities
(the “where to” condition). The role of social capital and embedded ties is found to be critical to this process. Finally,
we argue that the major route for the effective cross-selling within an FHC is from the commercial banking division to the
underwriting division. Hypotheses are tested on the transactional data collected from Taiwan, and empirical results provide
broad support for our arguments.
Cheng-Min Chuang (PhD, University of Washington) is Professor of International Business at National Taiwan University. His research interests include international joint venture and cooperation, organization and coordination in multinational enterprise, knowledge transfer, and the internationalization of service industries, particularly in the contexts of Taiwan and other Asia Pacific areas. Chih-Pin Lin (PhD, National Taiwan University) is Assistant Professor at the Department of Business Administration, Aletheia University, Taiwan. His research focuses on the strategic alliance and the management of financial institutions and manufacturing firms in Taiwan. He is also interested in knowledge management in multinational enterprises. 相似文献
Chih-Pin Lin (Corresponding author)Email: |
Cheng-Min Chuang (PhD, University of Washington) is Professor of International Business at National Taiwan University. His research interests include international joint venture and cooperation, organization and coordination in multinational enterprise, knowledge transfer, and the internationalization of service industries, particularly in the contexts of Taiwan and other Asia Pacific areas. Chih-Pin Lin (PhD, National Taiwan University) is Assistant Professor at the Department of Business Administration, Aletheia University, Taiwan. His research focuses on the strategic alliance and the management of financial institutions and manufacturing firms in Taiwan. He is also interested in knowledge management in multinational enterprises. 相似文献
14.
Danming Lin Qiang Liang Zongling Xu Runtian Li Weimin Xie 《Asia Pacific Journal of Management》2008,25(3):489-507
This study explores the role of knowledge management (KM) in mediating and moderating the relationship between information
technology (IT) and firm performance based upon the data collected from 236 firms in China. Through a structural equation
model and hierarchical regression analysis, we found that KM capability partially mediated the performance impact of IT resources.
Furthermore, KM capability affected the strength of the IT-performance relationship. The theoretical contributions and managerial
implications are discussed and limitations of the study are highlighted accordingly.
相似文献
Weimin XieEmail: |
15.
The effects of emotional intelligence on job performance and life satisfaction for the research and development scientists in China 总被引:2,自引:2,他引:0
Kenneth S. Law Chi-Sum Wong Guo-Hua Huang Xiaoxuan Li 《Asia Pacific Journal of Management》2008,25(1):51-69
To demonstrate the utility of the emotional intelligence (EI) construct in organizational studies, this study focuses on the
effect of EI on job performance among research and development scientists in China. We argue that EI is a significant predictor
of job performance beyond the effect of the General Mental Ability (GMA) battery on performance. This predictor effect is
supported by results on a study of research and development scientists working for a large computer company in China. Our
results also show that a self-reported EI scale developed for Chinese respondents, the WLEIS, is a better predictor of job
performance than the scale developed in the U.S., the MSCEIT. Implications of the findings are discussed.
相似文献
Xiaoxuan LiEmail: |
16.
Stephen Petrina Franc Feng Juyun Kim 《International Journal of Technology and Design Education》2008,18(4):375-396
This article addresses how we learn technology across the lifespan. After outlining findings of research into how children,
adolescents, teens and adults learn technology, we address theoretical shifts from sociocultural to technocultural theories
of cognition and reorientations from mediated to cyborgenic learning. The balance of the article describes effective methods
for researching cognition and technology. In the process of outlining key findings from research, we emphasize the links among
methods and theories employed, data produced and conclusions drawn. Our goal is to sketch a lifelong learning context for
undertaking studies of cognition and technology, and to provide a methodological and theoretical analysis for researchers
venturing into this dynamic and volatile field. In summary, we provide a far-ranging agenda for researching cognition and
technology.
相似文献
Stephen PetrinaEmail: |
17.
Managerial ties, control and deregulation: An investigation of business groups entering the deregulated banking industry in Taiwan 总被引:9,自引:7,他引:2
Hsi-Mei Chung 《Asia Pacific Journal of Management》2006,23(4):505-520
This study investigates the determinants of business groups’ entry to the deregulated banking industry in Taiwan, from the
perspectives of social capital and agency theory. The principal objective of deregulation is to increase the efficiency of
resource utilization by introducing competition. However, the opportunities inherent in deregulation may induce a battle of
strengths among interested business groups. Based on secondary data analysis, this study reveals that the managerial ties
possessed by key individuals in a business group, and the degree of overlapping investment between the owner-managers, influences
the likelihood of whether or not a business group will decide to enter the deregulated banking industry. The results of this
study provide a valuable starting point from which to discuss the influence of internal and external personal networks on
business strategy during a time of deregulation.
相似文献
Hsi-Mei ChungEmail: |
18.
Managers’ conflict management styles and employee attitudinal outcomes: The mediating role of trust 总被引:2,自引:1,他引:1
This study examines the mediating effects of trust on the relationships between manager’s conflict management styles (CMS)
and employee attitudinal outcomes, as well as identifies the potential deviations in the areas of CMS and trust from the west
in Chinese culture. One hundred sixty-nine employees in Guangzhou of China participated. As predicted, Integrating CMS of
managers is found significantly correlated to trust and subordinates’ job satisfaction and turnover intention. Trust fully
mediates the link between Integrating CMS and subordinates attitudinal outcomes. Results also support the expectations concerning
the deviations on the impacts of the uncooperative CMS on subordinates under Chinese culture. Discussion and implications
are presented.
相似文献
Peng Man NgEmail: |
19.
Evidence of the practical utility of Wong’s emotional intelligence scale in Hong Kong and mainland China 总被引:1,自引:0,他引:1
Emotional intelligence (EI) has been an emerging topic for psychological, educational, and management researchers and consultants
in recent years. However, there is a lack of scientifically valid measures of this concept, especially for those that have
practical utility in the Asian context. Recently, a 40-item forced-choice instrument was developed for Chinese respondents
in Hong Kong. We collected data in three studies to further test the practical utility of this instrument in Hong Kong and
mainland China. The results provided clear evidence for the instrument’s practical utility. More research that uses this measure
in Asian countries is required.
相似文献
Kenneth S. LawEmail: |
20.
Organizational values and procedures as antecedents for goal interdependence and collaborative effectiveness 总被引:1,自引:1,他引:0
Organizational values of people and respect and interdependent structures of team procedures and task interdependence may
help departments believe their goals are cooperative and thereby coordinate effectively. CEOs in China completed measures
of their organization’s values and interdependent structures and their Vice-Presidents completed measures of the department’s
goal interdependence (cooperative, competitive, and independent) and collaborative effectiveness. Structural equation analysis
suggested that values and interdependent structures promote cooperative, but not competitive or independent, goals that in
turn results in collaborative effectiveness. These results, coupled with previous research, were interpreted as suggesting
that people and respect values, team procedures, task interdependence, and cooperative goals are complementary foundations
for synergy in China and perhaps other countries as well.
相似文献
Dean Tjosvold (Corresponding author)Email: |