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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Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - Founder expertise, strategic choices, formation and survival of high-tech SMEs in China
T2 - a resource-substitution approach
AU - Xiao, Li
AU - Ramsden, Mark
N1 - 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.
PY - 2016/7
Y1 - 2016/7
N2 - 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.
AB - 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.
KW - Founder Expertise
KW - Strategic Choices
KW - High-tech SMEs
KW - Resource-substitution
U2 - 10.1111/jsbm.12230
DO - 10.1111/jsbm.12230
M3 - Journal article
VL - 54
SP - 892
EP - 911
JO - Journal of Small Business Management
JF - Journal of Small Business Management
SN - 0047-2778
IS - 3
ER -