Industrialization and Values Evolution: The Case of Hong Kong and Guangzhou, China |
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| Authors: | Richard L Priem Leonard G Love Margaret Shaffer |
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| Institution: | (1) Department of Management, College of Business Administration, The University of Texas at, Arlington, USA;(2) E.J. Ourso College of Business Administration, Louisiana State University, USA;(3) School of Business, Hong Kong Baptist University, Kowloon Tong, Hong Kong |
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| Abstract: | This field study evaluated the convergence, divergence, crossvergence, and multi-crossvergence perspectives of value system evolution in industrializing regions. Value differences were identified among graduating business university students in the People's Republic of China, Hong Kong, and the United States. Specific value dimensions in this study reflected the primary influence of either industrialization or regional culture. Thus, our overall results suggest that both industrialization and culture influence the combination of values held in Hong Kong. This finding could be interpreted as supporting the crossvergence perspective of value system evolution. A more precise interpretation, however, is that some value dimensions converge with increasing industrialization, while others remain divergent. |
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