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Growth Intentions of Entrepreneurs in a Transitional Economy: The People's Republic of China

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  • Chung-Ming Lau
  • Lowell W. Busenitz

Abstract

This research partially tests a model of entrepreneurial cognition among small business owners In the transition economy of China. Addressing these issues helps to answer questions about how entrepreneurs create, sustain, and transform organizations. The Influence of social context, personal factors, and cognition of Chinese entrepreneurs on their growth intentions and their method of expansion were examined. Based on a sample of 2,878 Chinese small private business owners, we not only found that an entrepreneur's commitment, need for achievement, and social environment is important, but that a cognitive understanding of the environment also has a direct impact on growth intentions.

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  • Chung-Ming Lau & Lowell W. Busenitz, 2001. "Growth Intentions of Entrepreneurs in a Transitional Economy: The People's Republic of China," Entrepreneurship Theory and Practice, , vol. 26(1), pages 5-20, October.
  • Handle: RePEc:sae:entthe:v:26:y:2001:i:1:p:5-20
    DOI: 10.1177/104225870102600101
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    References listed on IDEAS

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    Cited by:

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    2. Wei-ping Wu & Alicia Leung, 2005. "Does a Micro-Macro Link Exist Between Managerial Value of Reciprocity, Social Capital and Firm Performance? The Case of SMEs in China," Asia Pacific Journal of Management, Springer, vol. 22(4), pages 445-463, December.
    3. Gregory G. Dess & Brian C. Pinkham & Haibin Yang, 2011. "Entrepreneurial Orientation: Assessing the Construct's Validity and Addressing Some of Its Implications for Research in the Areas of Family Business and Organizational Learning," Entrepreneurship Theory and Practice, , vol. 35(5), pages 1077-1090, September.
    4. Alona Martiarena, 2022. "How gender stereotypes shape venture growth expectations," Small Business Economics, Springer, vol. 58(2), pages 1015-1034, February.
    5. Jintong Tang & Zhi Tang & Shaji A. Khan, 2022. "Do the rich give more? The effects of family wealth and entrepreneurial effort on firm philanthropy and growth," Asia Pacific Journal of Management, Springer, vol. 39(2), pages 699-722, June.
    6. Li Yaokuang & Wang Jing & Long Dan, 2019. "How do Institutions Inspire Ambitions? Differentiating Institutional Effects on Entrepreneurial Growth Intentions: Evidence from China," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-19, October.

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