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Erschienen in: Asia Pacific Journal of Management 4/2012

01.12.2012

Institution-based barriers to innovation in SMEs in China

verfasst von: Yanmei Zhu, Xinhua Wittmann, Mike W. Peng

Erschienen in: Asia Pacific Journal of Management | Ausgabe 4/2012

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Abstract

Despite significant development, small and medium-sized enterprises (SMEs) in China continue to experience institution-based barriers, especially in the area of innovation. What exactly are these barriers? How do these barriers influence innovation? How about the status quo of the institutional environment for SMEs’ innovation and development? We seek to uncover these underexplored areas by developing a model characterized by a cost-risk-opportunity (CRO) innovation triangle. We then enrich this model by interviewing 82 top managers and owners at 41 SMEs. We identify the five key institution-based barriers to innovation in China: (1) competition fairness, (2) access to financing, (3) laws and regulations, (4) tax burden, and (5) support systems. These findings enhance the institution-based view of entrepreneurship by shedding light on how institution-based barriers affect innovation in SMEs.

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Fußnoten
1
A series of recent papers using evidence from countries around the world (but not China) have found that clarifying entrepreneurs’ and creditors’ rights through more entrepreneur-friendly bankruptcy laws can stimulate more development of SMEs (Lee et al., 2007, 2011; Peng et al., 2010).
 
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Metadaten
Titel
Institution-based barriers to innovation in SMEs in China
verfasst von
Yanmei Zhu
Xinhua Wittmann
Mike W. Peng
Publikationsdatum
01.12.2012
Verlag
Springer US
Erschienen in
Asia Pacific Journal of Management / Ausgabe 4/2012
Print ISSN: 0217-4561
Elektronische ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-011-9263-7

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