High technology and globalization challenges facing overseas Chinese entrepreneurs

D. Ahlstrom, M. Young, Man Ching Frankie Ng, C. Chan

Research output: Journal article publicationJournal articleAcademic researchpeer-review

Abstract

Overseas Chinese - those of Chinese decent who live outside Mainland China - have played important, if not dominant, roles in East Asian economies ex-Japan. But their successes came in slower-growth, low-tech industries that meshed with their business culture favoring internal financing, close or family control, and networking. The Asian financial crisis of 1997-98 and ongoing globalization of world markets have made the business environment less favorable for these traditional businesses and business practices. Nevertheless, interviews with 15 entrepreneurs, venture capitalists, and government officials in East Asia suggest that Overseas Chinese entrepreneurs may resist the changes needed to compete in fast-changing, high-tech businesses in a global marketplace. Some, however particularly in Taiwan, are adapting to this new, competitive environment.
Original languageEnglish
Pages (from-to)28-37
Number of pages10
JournalSAM Advanced management journal
Volume69
Issue number2
Publication statusPublished - 2004

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