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The Journey from Novice to Serial Entrepreneurship in China and Germany: Are the Drivers the Same?

Author

Listed:
  • Sergey Anokhin

    (Kent State University, USA)

  • Dietmar Grichnik

    (Otto Beisheim School of Management, Germany)

  • Robert D. Hisrich

    (Thunderbird University, USA.)

Abstract

While in general entrepreneurs in emerging economies are significantly different from entrepreneurs in mature markets on most dimensions, serial entrepreneurs demonstrate certain similarities in their goals and motivations, skills and competencies, resources, strategies and other characteristics. The drivers governing the journey from novice to serial entrepreneurship – while consistent with the arguments advanced by Casson and Lazear – appear to differ somewhat between emerging and mature economies. Based on a cross-sectional survey of Chinese and German entrepreneurs, the study contributes to the understanding of entrepreneurship in emerging markets and extends the knowledge of serial entrepreneurship by analyzing whether the differences between serial and novice entrepreneurs can be attributed to the types of skills and competences possessed by the individuals, and whether particular motives for starting new ventures are more conducive to multiple business founding than others.

Suggested Citation

  • Sergey Anokhin & Dietmar Grichnik & Robert D. Hisrich, 2008. "The Journey from Novice to Serial Entrepreneurship in China and Germany: Are the Drivers the Same?," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 6(2), pages 117-142.
    • Handle: RePEc:mgt:youmgt:v:6:y:2008:i:2:p:117-142
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    References listed on IDEAS

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    Cited by:

    1. Huatao Peng & Yuming Chang & Yang Liu, 2023. "Risk preference, prior experience, and serial entrepreneurship performance: evidence from China," Asia Pacific Business Review, Taylor & Francis Journals, vol. 29(3), pages 613-631, May.
    2. Gonçalo Brás & Elias Soukiazis, 2014. "The Nature of Entrepreneurship and its Determinants: Opportunity or Necessity?," GEMF Working Papers 2014-22, GEMF, Faculty of Economics, University of Coimbra.
    3. Wim Naudé, 2009. "Out with the Sleaze, in with the Ease: Insufficient for Entrepreneurial Development?," WIDER Working Paper Series RP2009-01, World Institute for Development Economic Research (UNU-WIDER).
    4. Rodrigues Brás Gonçalo & Soukiazis Elias, 2019. "The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-17, October.
    5. Rodrigues Brás Gonçalo & Soukiazis Elias, 2019. "The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-17, October.
    6. Ting Zhang & Zoltan Acs, 2019. "Does Generation Matter to Entrepreneurship? Four Generations of Entrepreneurs," Southern Economic Journal, John Wiley & Sons, vol. 86(2), pages 459-477, October.
    7. Naudé, Wim, 2011. "Entrepreneurship is Not a Binding Constraint on Growth and Development in the Poorest Countries," World Development, Elsevier, vol. 39(1), pages 33-44, January.
    8. Edwin Bbenkele & L. Madikiza, 2016. "Envisioning Public Sector Pathways: Gauteng as an Entrepreneurial Province in South Africa," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 2(2), pages 91-108, July.
    9. Naudé, Wim, 2011. "Entrepreneurship is Not a Binding Constraint on Growth and Development in the Poorest Countries," World Development, Elsevier, vol. 39(1), pages 33-44, January.
    10. Christopher J. Boudreaux, 2019. "Entrepreneurship, Institutions, and Economic Growth: Does the Level of Development Matter?," Papers 1903.02934, arXiv.org.
    11. Charles Stephen Tundui & Christopher Shiganza, 2021. "Determinants of entrepreneurial behaviour in the public sector in Tanzania: a case of water services provision," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 189-199, December.
    12. Wim Naudé, 2010. "Entrepreneurship, developing countries, and development economics: new approaches and insights," Small Business Economics, Springer, vol. 34(1), pages 1-12, January.
    13. Ahlin, Branka & Drnovšek, Mateja & Hisrich, Robert D., 2014. "Exploring the moderating effects of absorptive capacity on the relationship between social networks and innovation," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 19(2), pages 213-235.
    14. Eunice Abdul, Omolara, 2018. "Entrepreneurial skills and growth of Small and Medium Enterprise (SMEs): A comparative analysis of Nigerian entrepreneurs and Minority entrepreneurs in the UK," MPRA Paper 86751, University Library of Munich, Germany, revised 19 Apr 2018.
    15. Omolara Eunice Abdul, 2018. "Entrepreneurial skills and growth of Small and Medium Enterprise (SMEs): A comparative analysis of Nigerian entrepreneurs and Minority entrepreneurs in the UK," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(5), pages 27-46, May.
    16. Comlanvi Martin Konou, 2023. "Entrepreneurial Risk and Digital Financial Inclusion: A Cross‐Country Analysis," Economic Papers, The Economic Society of Australia, vol. 42(3), pages 267-281, September.
    17. Ting Zhang & Zoltan Acs, 2018. "Age and entrepreneurship: nuances from entrepreneur types and generation effects," Small Business Economics, Springer, vol. 51(4), pages 773-809, December.
    18. Innocent .U. Duru & Sarah .O. Anyanwu, 2019. "Entrepreneurship in Small and Medium Enterprises: A Catalyst for Capacity Building and Sustainable Youths Employment Generation in the Federal Capital Territory, Abuja, Nigeria," International Journal of Social and Administrative Sciences, Asian Economic and Social Society, vol. 4(2), pages 277-296, June.
    19. Fahad Nasser F. Alarjani & Bilal Anwar & Hassan Danial Aslam & Shahid Iqbal & Arslan Ayub, 2020. "A Moderated Mediation Model of Entrepreneurial Self-Efficacy, Institutional Environment, and Entrepreneurial Orientation for SME Development," SAGE Open, , vol. 10(3), pages 21582440209, July.

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    More about this item

    Keywords

    serial entrepreneurship; emerging economies; China; Germany;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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