Institution-based barriers to innovation in SMEs in China

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 envi...

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Main Authors: Zhu, Y., Wittmann, X., Peng, Mike
Format: Journal Article
Published: Springer New York LLC 2012
Online Access:http://hdl.handle.net/20.500.11937/50133
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author Zhu, Y.
Wittmann, X.
Peng, Mike
author_facet Zhu, Y.
Wittmann, X.
Peng, Mike
author_sort Zhu, Y.
building Curtin Institutional Repository
collection Online Access
description 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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format Journal Article
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institution Curtin University Malaysia
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publishDate 2012
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spelling curtin-20.500.11937-501332017-09-13T15:37:03Z Institution-based barriers to innovation in SMEs in China Zhu, Y. Wittmann, X. Peng, Mike 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. 2012 Journal Article http://hdl.handle.net/20.500.11937/50133 10.1007/s10490-011-9263-7 Springer New York LLC restricted
spellingShingle Zhu, Y.
Wittmann, X.
Peng, Mike
Institution-based barriers to innovation in SMEs in China
title Institution-based barriers to innovation in SMEs in China
title_full Institution-based barriers to innovation in SMEs in China
title_fullStr Institution-based barriers to innovation in SMEs in China
title_full_unstemmed Institution-based barriers to innovation in SMEs in China
title_short Institution-based barriers to innovation in SMEs in China
title_sort institution-based barriers to innovation in smes in china
url http://hdl.handle.net/20.500.11937/50133