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The Journey from Novice to Serial Entrepreneurship in China and Germany: Are the Drivers the Same?

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Author Info

  • Sergey Anokhin

    (Kent State University, USA)

  • Dietmar Grichnik

    (Otto Beisheim School of Management, Germany)

  • Robert D. Hisrich

    (Thunderbird University, USA.)

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    Abstract

    While in general entrepreneurs in emerging economies are significantly different from entrepreneurs in mature markets on most dimensions, serial entrepreneurs demonstrate certain similarities in their goals and motivations, skills and competencies, resources, strategies and other characteristics. The drivers governing the journey from novice to serial entrepreneurship – while consistent with the arguments advanced by Casson and Lazear – appear to differ somewhat between emerging and mature economies. Based on a cross-sectional survey of Chinese and German entrepreneurs, the study contributes to the understanding of entrepreneurship in emerging markets and extends the knowledge of serial entrepreneurship by analyzing whether the differences between serial and novice entrepreneurs can be attributed to the types of skills and competences possessed by the individuals, and whether particular motives for starting new ventures are more conducive to multiple business founding than others.

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    File URL: http://www.fm-kp.si/zalozba/ISSN/1581-6311/6_117-142.pdf
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    Bibliographic Info

    Article provided by University of Primorska, Faculty of Management Koper in its journal Managing Global Transitions.

    Volume (Year): 6 (2008)
    Issue (Month): 2 ()
    Pages: 117-142

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    Handle: RePEc:mgt:youmgt:v:6:y:2008:i:2:p:117-142

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    Related research

    Keywords: serial entrepreneurship; emerging economies; China; Germany;

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    Cited by:
    1. Naude, Wim, 2009. "Out with the sleaze, in with the ease: Insufficient for entrepreneurial development?," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    2. Wim Naudé, 2010. "Entrepreneurship, developing countries, and development economics: new approaches and insights," Small Business Economics, Springer, vol. 34(1), pages 1-12, January.
    3. Naude, Wim, 2009. "Entrepreneurship is not a Binding Constraint on Growth and Development in the Poorest Countries," Working Paper Series Research Paper No. 2009-4, World Institute for Development Economic Research (UNU-WIDER).

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