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  • Xiao_et_al-2016-Journal_of_Small_Business_Management

    Rights statement: This is the peer reviewed version of the following article: Xiao, L. and Ramsden, M. (2016), Founder Expertise, Strategic Choices, Formation, and Survival of High-Tech SMEs in China: A Resource-Substitution Approach. Journal of Small Business Management, 54: 892–911. doi: 10.1111/jsbm.12230 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/jsbm.12230/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.

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Founder expertise, strategic choices, formation and survival of high-tech SMEs in China: a resource-substitution approach

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Published
<mark>Journal publication date</mark>07/2016
<mark>Journal</mark>Journal of Small Business Management
Issue number3
Volume54
Number of pages20
Pages (from-to)892-911
Publication StatusPublished
Early online date8/02/16
<mark>Original language</mark>English

Abstract

This paper uses a resource-based perspective to better understand how the three most established expertise possessed by founding entrepreneurs influence the development path of firms operating in the high-tech industrial sector. The longitudinal evidence from two rounds of face-to-face interviews with the owners of Chinese high-tech SMEs in 2004 and 2009 identifies three business strategic choices innovation, product, and production that are essential to optimize the expertise and sources of finance available for creating and growing a high-tech business. The findings from the interview evidence offer novel insights into the entrepreneurial development path of firms associated with types of entrepreneurs and availability of financial sources possessed by founding entrepreneurs.

Bibliographic note

This is the peer reviewed version of the following article: Xiao, L. and Ramsden, M. (2016), Founder Expertise, Strategic Choices, Formation, and Survival of High-Tech SMEs in China: A Resource-Substitution Approach. Journal of Small Business Management, 54: 892–911. doi: 10.1111/jsbm.12230 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/jsbm.12230/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.