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Entrepreneurship and innovation initiatives among Asian multinationals: A cross-country analysis

机译:亚洲跨国公司的创业与创新计划:一项跨国分析

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Purpose - The purpose of this paper was to analyze the level of innovation and entrepreneurial culture among Asian multinationals, especially as they face intense competition from large global companies. Past practices and the sense that Asian companies are followers rather than innovators have resulted in the persistent belief that these companies are not sufficiently innovative and do not support or promote an entrepreneurial culture. However, given the rapid development in Asian economies in recent years, it is useful to analyze whether such traditional views and practices are changing and whether employees in these organizations view innovation as a necessary tool. Design/methodology/approach - The data for this study came from a survey of 193 executives (32.2 per cent response rate). The statements in the survey instrument were designed to measure aspects of three factors, namely, organizational philosophy, corporate support and human capital, for the practice of entrepreneurship and innovation in their companies. The results were analyzed through standard statistical techniques such as factor loadings, correlation analysis, analysis of variance and post hoc tests. Findings - While Asian companies traditionally are viewed as followers rather than innovators in entrepreneurship and innovation, it is clear from this study that this perception is changing at least for the three countries in this study with the prevalence and continued growth of the globalized economy. While the main results show an overall trend of increasing innovation and entrepreneurship culture, there are some major differences among specific factors. Specifically, the three countries are not the same across all the factors. This could be partly attributed to the cultural differences among these countries. In conclusion, the implications of the results from this study add to the extant research in this area. Research limitations/implications - One of the limitations of this paper is the sample, which is obviously restricted to three countries. In addition, some of the factors need further examination for a more complete understanding of their relationship to entrepreneurship and innovation. In addition, longitudinal analysis can examine the patterns in time-based trends for these companies. Practical implications - The paper includes implications for Asian multinationals to achieve growth in a highly competitive global environment where their traditional "followers" mentality limits them from competing with global competitors who are practicing entrepreneurship and innovation. Originality/value - For the first time, this study has shown that Asian multinationals are attempting to be innovative and use the corporate entrepreneurship as a means to compete with global companies.
机译:目的-本文的目的是分析亚洲跨国公司的创新和企业家文化水平,尤其是当它们面临来自大型跨国公司的激烈竞争时。过去的做法以及亚洲公司是追随者而不是创新者的感觉导致人们始终认为,这些公司没有足够的创新能力,也不支持或促进企业家文化。但是,鉴于近年来亚洲经济的快速发展,分析这种传统观念和做法是否正在改变以及这些组织的员工是否将创新视为必要工具很有用。设计/方法/方法-这项研究的数据来自对193位高管的调查(答复率为32.2%)。调查工具中的陈述旨在衡量三个因素的方面,即组织哲学,公司支持和人力资本,以用于公司内的企业家精神和创新实践。通过标准统计技术对结果进行分析,例如因子加载,相关分析,方差分析和事后检验。调查结果-虽然传统上将亚洲公司视为企业家精神和创新的追随者,而不是创新者,但从本研究中可以明显看出,随着全球化经济的盛行和持续增长,至少对于本研究中的三个国家,这种看法正在发生变化。尽管主要结果显示出创新和企业家文化不断增强的总体趋势,但具体因素之间还是存在一些重大差异。具体而言,这三个国家在所有因素上都不尽相同。这可能部分归因于这些国家之间的文化差异。总之,本研究结果的含义增加了该领域的现有研究。研究的局限性/意义-本文的局限性之一是样本,该样本显然限于三个国家。此外,为了更全面地了解它们与企业家精神和创新之间的关系,需要进一步研究某些因素。此外,纵向分析可以检查这些公司基于时间的趋势的模式。实际的意义-本文包括对亚洲跨国公司在竞争激烈的全球环境中实现增长的影响,在这种环境下,其传统的“追随者”心态限制了他们与正在实践企业家精神和创新的全球竞争对手竞争。原创性/价值-这项研究首次表明,亚洲跨国公司正在尝试创新,并将企业企业家精神作为与全球公司竞争的一种手段。

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