Institution-based barriers to innovation in SMEs in China

被引：3
作者：
Yanmei Zhu
Xinhua Wittmann
Mike W. Peng
机构：
[1] Tongji University,School of Economics and Management
[2] University of Zurich,Institute for Strategy and Business Economics
[3] University of Texas at Dallas,School of Management
来源：
Asia Pacific Journal of Management | 2012年 / 29卷
关键词：
Small and medium-sized enterprise (SME); Innovation; Institution; Policy; China;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
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.
引用
收藏
页码：1131 / 1142
页数：11
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