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Leo- Paul Dana

2013

Family business; entrepreneurship; innovation; market orientation; socialisation; succession; China

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Market Orientation And Entrepreneurship In Chinese Family Business: A Socialisation View, Henry X. Shi, Leo Paul Dana Jan 2013

Market Orientation And Entrepreneurship In Chinese Family Business: A Socialisation View, Henry X. Shi, Leo Paul Dana

Leo- Paul Dana

This article examines the relationship between market orientation and entrepreneurship in small to medium-sized second-generation Chinese family businesses. Market orientation is captured through a multi-dimensional framework, which defines a spectrum between a market orientation pole and a family orientation pole. The Schumpeterian tradition is adopted in entrepreneurship investigation, which emphasises the innovation outcomes. Findings are discussed by using a socialisation view. Analysis indicates that the owner-manager’s socialisation patterns have a significant impact on the firm’s entrepreneurial processes, which nuances the relationship between market orientation