CROSS-BORDER ENTREPRENEURS – A STUDY OF THE CHANGING STRATEGIES AND COMPETENCIES OF HONG KONG ENTREPRENEURS UPON EXPOSURE TO THE EMERGING MARKET OF CHINA
Abstract
In a study of five entrepreneurs operating their business first in Hong Kong and later in the PRC, we examine the modes of entrepreneurship from the Kirznerian and Schumpeterian perspectives. The results showed that these entrepreneurs appeared basically Kirznerian in their strategy when their business focuses were in Hong Kong, and shifted toward a blend of the Kirznerian and Schumpterian modes when operating their businesses in the PRC. Such a shift can be explained by the adaptation of their competencies to the PRC context.