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Growth of New Technology Ventures in China's Emerging Market (Hardcover, illustrated edition)
Loot Price: R4,035
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Growth of New Technology Ventures in China's Emerging Market (Hardcover, illustrated edition)
Series: New Horizons in International Business series
Expected to ship within 12 - 19 working days
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New ventures have played a significant role in the world's economic
and social development. In particular, the development of high
technology ventures has been viewed as both a revitalization tool
for developed market economies, such as the USA, and a driving
force for economic transformation in transition economies, such as
China. With a focus on new technology ventures in China's emerging
market, this volume brings together researchers from a variety of
disciplines and countries to provide a comprehensive understanding
of this phenomenon. New technology ventures are highly vulnerable
to environmental selection because they lack adequate knowledge of
their environments, new product experience, and managerial and
financial resources. Thus, these ventures tend to have high failure
rates. Not surprisingly, a major stream of research in strategic
management and entrepreneurship literature has focused on
identifying the strategies that new technology ventures use to
offset their liability of newness in order to improve their
performance. However, previous studies have been done in the
context of developed markets. This volume explores how new ventures
successfully grow in China's transition economy where strategic
factor markets and institutional frameworks have not been developed
in this context. Significant issues addressed in this volume
include: * Factors contributing to the growth of technology
entrepreneurship in China * Ownership and survival of technology
ventures in China * Challenges faced by venture capitalists in
China * Growth strategies and environment-strategy interaction in
Chinese technology ventures * Organizational control and reward and
technology innovation in Chinese technology ventures * Political
risks of foreign ventures in China's emerging market * R&D
globalization and internationalization strategy of Chinese
technology ventures. The contributors' conclusions will be highly
valuable to managers of new technology ventures and to Western
firms attempting to enter the high technology industries in China.
Researchers interested in new technology ventures and innovation
will also find this volume a useful addition to their libraries.
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