Networking, Resource Acquisition, and the Performance of Small and Medium-Sized Enterprises: An Empirical Study of Three Major Cities in China

Previously, resource-based view (RBV) research has focused on the characteristics of resources, paying less attention to the relationship between resource acquisition and the acquisition method. In addition, entrepreneurship research has focused a lot on the firm’s entrepreneurial network to explain performance. This network is critical not only to resource acquisition but also to overall firm performance. The results of a study of small and medium-sized firms in three major Chinese cities support these notions. The results differ when dividing the sample into two groups (young vs. old).resource acquisition, networking, performance, SMEs, entrepreneurship

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

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.serial entrepreneurship, emerging economies, China, Germany

Research Note: Venture Capitalists\u27 Investment Criteria: A Replication

This study replicates substantial portions of a study entitled “Criteria Used by Venture Capitalists to Evaluate New Ventures Proposals” by MacMillan, Siegal, and SubbaNarasimha. Results were similar to the earlier work. The differences observed can be attributed to history effects caused by the passage of six years between the studies. Venture capitalists have become more concerned over market acceptance and less demanding of high potential rates of return and quick exit. These changes represent a more realistic view of venture potential

Sustainability of global and international business operations during the adversity and hardship

The COVID-19 pandemic has altered the way business is conducted. The widespread closure of commercial organizations presents opportunities to reset the way business activities are conducted. Regardless of the organization’s size or its status as a domestic or international firm, due diligence is required to find solutions that will allow firms to sustain their business activities in uncertain times. This study addresses this issue and attempts to identify issues that require urgent attention so that organizations can be effective and efficient in their global operations. In this context, the study proposes three imperatives for global/international businesses to sustain their operations in the long term. These imperatives include having a strong reserve fund, access to a local mutual fund, and networking to form alliances in host countries. Other implications are discussed, and we identify areas for future research