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.
No takes yet. Share an insight, caveat, or question.
Lau et al. (2004) studied this question.
Synapse has enriched one closely related paper. Consider it for comparative context: