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Using the concept of resilience to explain entrepreneurial success in China

Author

Listed:
  • Jing Sun
  • Nicholas Buys
  • Xinchao Wang
  • Andrew McAuley

Abstract

This paper aims (1) to explore resilience among Chinese entrepreneurs and its correlation with entrepreneurial types; (2) to examine the relationship between entrepreneurial type and other factors including locus of control, education and experience. A cross-sectional cohort study design was used. Fifty thousand entrepreneurs were randomly selected from 228 cities across 31 provinces in China, of which 38,890 agreed to participate in this study. Results indicated that entrepreneurs who founded a resource-based business had higher resilience scores than those who founded risk or knowledge-based ventures. The resource-based and skill-based entrepreneurs were similar to each other in terms of creativity and innovation, need for achievement, flexibility and knowledge seeking. The findings of this study suggest that institutions and small business support agencies need to provide training opportunities for entrepreneurs to develop resilience characteristics before they commence establishing business ventures.

Suggested Citation

  • Jing Sun & Nicholas Buys & Xinchao Wang & Andrew McAuley, 2011. "Using the concept of resilience to explain entrepreneurial success in China," International Journal of Management and Enterprise Development, Inderscience Enterprises Ltd, vol. 11(2/3/4), pages 182-202.
    • Handle: RePEc:ids:ijmede:v:11:y:2011:i:2/3/4:p:182-202
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    Citations

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    Cited by:

    1. Sari, Puteri Andika & Sari, Wiendy Puspita & Rinaldo, Dito, 2022. "Business performance during the COVID-19 crisis: a major contribution of entrepreneurial resilience," Studia z Polityki Publicznej / Public Policy Studies, Warsaw School of Economics, vol. 9(2), pages 1-20, August.
    2. Ika Indrawaty Hamzah & Farouk Djermani & Idris M. Ben Omran, 2021. "A Review of resilience effects of single mother entrepreneurs and lifestyle," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(3), pages 264-271, March.
    3. Annarelli, Alessandro & Nonino, Fabio, 2016. "Strategic and operational management of organizational resilience: Current state of research and future directions," Omega, Elsevier, vol. 62(C), pages 1-18.
    4. Ngo, Chin & Nguyen, Quyen Le Hoang Thuy To & Nguyen, Phong Thanh, 2020. "Social Capital and Corporate Performance: Evidence from State Capital Enterprises in Vietnam," MPRA Paper 103440, University Library of Munich, Germany, revised 18 Apr 2020.
    5. Stephanie Duchek, 2018. "Entrepreneurial resilience: a biographical analysis of successful entrepreneurs," International Entrepreneurship and Management Journal, Springer, vol. 14(2), pages 429-455, June.
    6. Julia Hillmann, 2021. "Disciplines of organizational resilience: contributions, critiques, and future research avenues," Review of Managerial Science, Springer, vol. 15(4), pages 879-936, May.

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