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Managing complexity in the process of transforming new start-ups into well established firms in the Chinese economy context

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  • Xudong Gao
  • Yajun Wu
  • Mingfang Li

Abstract

Transforming new start-ups into well established firms is a complex process and contains the management of many complex and challenging tasks. In this paper, we examine the roles played by some Chinese cultural values in facilitating the development of effective strategies to manage these tasks and argue that these cultural values are of critical importance because they could be the cognitive basis for developing a paradoxical frame that helps managers to recognise and accept the simultaneous existence of contradictions, develop a more effective cognitive representation when facing a rugged landscape and identify effective management rules in complex environment.

Suggested Citation

  • Xudong Gao & Yajun Wu & Mingfang Li, 2010. "Managing complexity in the process of transforming new start-ups into well established firms in the Chinese economy context," International Journal of Business and Systems Research, Inderscience Enterprises Ltd, vol. 4(5/6), pages 577-595.
  • Handle: RePEc:ids:ijbsre:v:4:y:2010:i:5/6:p:577-595
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    Citations

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    Cited by:

    1. ten Brink, Tobias, 2011. "Kooperation oder Konfrontation? Der Aufstieg Chinas in der globalen politischen Ökonomie," MPIfG Working Paper 11/7, Max Planck Institute for the Study of Societies.
    2. Fang Cai, 2018. "Perceiving Truth and Ceasing Doubts: What Can We Learn from 40 Years of China's Reform and Opening up?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 26(2), pages 1-22, March.

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