Cross Border Entrepreneurship: Macau, Zhuhai, and Hengqin

91 Pages Posted: 29 Oct 2019

See all articles by José C. Alves

José C. Alves

City University of Macau

Arturo E. Osorio

Rutgers, The State University of New Jersey - Rutgers University, Newark

Grace Guo

Sacred Heart University

Yueng Wah Khong

City University of Macau

Date Written: October 11, 2019

Abstract

This study describes business developments in the Macau-Zhuhai-Hengqin border region from an entrepreneurship perspective. The purpose is to understand the nature and extent of cross-border entrepreneurship in this border region.

We first review literature about entrepreneurship in cross border regions and develop a conceptual framework. Then, as background, we discuss the relationship between entrepreneurship and regional development. Given the significant impact of tourism in Macau and Hengqin, we also review literature about tourism development from an innovation perspective.

Next, we provide an overview of the Macau-Zhuhai-Hengqin border region that includes key socio-economic indicators. After we present a series of case studies about firms doing business in the Macau-Zhuhai border region that are located in the Zhuhai Macau Cross Border Industrial Park and the Hengqin Innovalley Park. Last, we develop a documentary analysis of business sectors emerging in Hengqin that have participation of companies from Macau.

The results indicate that entrepreneurship in the Macau-Zhuhai-Hengqin border region has gained a new impetus after the creation of the Hengqin New Area. Public and private organizations from Macau have taken advantage of the opportunities available. The governments of Macau and Zhuhai play leading roles not only at policy level but also in launching key strategic projects. Several policies aim at attracting talents and entrepreneurship based on knowledge, innovation and technology. As of 2019, the investment of Macau companies in Hengqin is estimated in RMB 11.6 billion in traditional Chinese medicine, living and health services, and multipurpose complexes.

The Macau-Hengqin cross border innovation system is still in early stage of development. Key policies have been developed and the first series of investment projects are about to be completed in 2020. The main challenges for developing this cross border system will be the development of new interorganizational systems to have positive impact on knowledge creation, cluster-based development, cross-border partnerships, business networks, and institutions.

Keywords: Cross-border, entrepreneurship, China, Macau

Suggested Citation

Alves, José C. and Osorio, Arturo E. and Guo, Grace and Khong, Eva, Cross Border Entrepreneurship: Macau, Zhuhai, and Hengqin (October 11, 2019). Available at SSRN: https://ssrn.com/abstract=3468328 or http://dx.doi.org/10.2139/ssrn.3468328

José C. Alves (Contact Author)

City University of Macau ( email )

Avenida Padre Tomas Pereira
Taipa
Macau
China

HOME PAGE: http://https://faculty.cityu.edu.mo/fob/en/full-time-academic-staff/392

Arturo E. Osorio

Rutgers, The State University of New Jersey - Rutgers University, Newark ( email )

180 University Avenue
Newark, NJ 07102
United States

Grace Guo

Sacred Heart University ( email )

5151 Park Ave
Fairfield, CT 06432
United States

Eva Khong

City University of Macau ( email )

87 號, 81 Av. Xian Xing Hai
Macau
China

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
89
Abstract Views
413
rank
317,315
PlumX Metrics