Founder expertise, strategic choices, formation and survival of high-tech SMEs in China : a resource-substitution approach

Xiao, Li and Ramsden, Mark (2016) Founder expertise, strategic choices, formation and survival of high-tech SMEs in China : a resource-substitution approach. Journal of Small Business Management, 54 (3). pp. 892-911. ISSN 0047-2778

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This paper uses a resource-based perspective to better understand how the three most established expertise possessed by founding entrepreneurs influence the development path of firms operating in the high-tech industrial sector. The longitudinal evidence from two rounds of face-to-face interviews with the owners of Chinese high-tech SMEs in 2004 and 2009 identifies three business strategic choices innovation, product, and production that are essential to optimize the expertise and sources of finance available for creating and growing a high-tech business. The findings from the interview evidence offer novel insights into the entrepreneurial development path of firms associated with types of entrepreneurs and availability of financial sources possessed by founding entrepreneurs.

Item Type:
Journal Article
Journal or Publication Title:
Journal of Small Business Management
Additional Information:
This is the peer reviewed version of the following article: Xiao, L. and Ramsden, M. (2016), Founder Expertise, Strategic Choices, Formation, and Survival of High-Tech SMEs in China: A Resource-Substitution Approach. Journal of Small Business Management, 54: 892–911. doi: 10.1111/jsbm.12230 which has been published in final form at This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.
Uncontrolled Keywords:
?? founder expertisestrategic choiceshigh-tech smes resource-substitutionbusiness, management and accounting(all)strategy and managementmanagement of technology and innovationdiscipline-based research ??
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Deposited On:
10 Oct 2013 14:57
Last Modified:
22 Nov 2023 00:21