Regulatory Environment and Strategic Orientations in a Transitional Economy: A Study of Chinese Private Enterprise
Entrepreneurship: Theory and Practice, pp. 31-44, Fall 1996
16 Pages Posted: 16 Feb 2010 Last revised: 15 Feb 2013
Date Written: 1996
This study examined characteristics of perceived political/regulatory environment and strategic orie ntations among Chinese private enterprises. Using a sample of fifty-three private entrepreneurs, the study found that regulatory hostility, dynamism and complexity led to strategies characterized by innovativeness, proactiveness, and risk-taking, yet discouraged future-oriented strategy. Results were compared with studies of entrepreneurs in western economies as well as Chinese entrepreneurs in other countries. Implications were also discussed.
Keywords: Strategic orientation, entrepreneurial orientation, environment, transitional economy, China
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