IDEAS home Printed from https://ideas.repec.org/a/sae/globus/v11y2010i3p333-345.html
   My bibliography  Save this article

Dimensions of Taiwanese Entrepreneurship

Author

Listed:
  • Simon Chien-Yuan Chen

    (Simon Chien-Yuan Chen is Associate Professor in Department of Land Management, Feng Chia University, Taichung, Taiwan. E-mail: cyuan@fcu.edu.tw)

Abstract

As a nation, Taiwan has a strong competitive advantage from its industrial clusters and small and medium enterprises (SMEs). However, the behaviour of entrepreneurs within these SMEs are yet to be studied extensively. This case study of the Paiho company, the world’s number one producer of touch fasteners, is used to explore Taiwan’s entrepreneurship in SMEs. Paiho surpassed its Western rivals by improving imported production equipment in order to develop technical innovations very cheaply. Moreover, the founder develops effective strategy combining his good record of cooperation and sharing and reduces transaction costs between Paiho and its supply network. These two factors have made Paiho the world’s number one producer of touch fasteners. More research is needed to understand the key factors of Taiwan’s economic growth power.

Suggested Citation

  • Simon Chien-Yuan Chen, 2010. "Dimensions of Taiwanese Entrepreneurship," Global Business Review, International Management Institute, vol. 11(3), pages 333-345, October.
    • Handle: RePEc:sae:globus:v:11:y:2010:i:3:p:333-345
    DOI: 10.1177/097215091001100302
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/097215091001100302
    Download Restriction: no
    File URL: https://libkey.io/10.1177/097215091001100302?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Michael, Steven C., 2007. "Transaction cost entrepreneurship," Journal of Business Venturing, Elsevier, vol. 22(3), pages 412-426, May.
    2. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    3. Fu-Lai Tony Yu, 2009. "A dynamic model of the entrepreneurial process: a human agency perspective," International Journal of Innovation and Learning, Inderscience Enterprises Ltd, vol. 6(3), pages 285-305.
    4. Mantzavinos,C., 2001. "Individuals, Institutions, and Markets," Cambridge Books, Cambridge University Press, number 9780521773584, January.
    5. Williamson, Oliver E, 1983. "Credible Commitments: Using Hostages to Support Exchange," American Economic Review, American Economic Association, vol. 73(4), pages 519-540, September.
    6. Bruce L. Benson, 1998. "Economic Freedom and the Evolution of Law," Cato Journal, Cato Journal, Cato Institute, vol. 18(2), pages 209-232, Fall.
    7. Benjamin Powell, 2005. "State Development Planning: Did it Create an East Asian Miracle?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 18(3), pages 305-323, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kim, Jongwook & Mahoney, Joseph T., 2008. "A Strategic Theory of the Firm as a Nexus of Incomplete Contracts: A Property Rights Approach," Working Papers 08-0108, University of Illinois at Urbana-Champaign, College of Business.
    2. Elert, Niklas & Henrekson, Magnus, 2017. "Entrepreneurship and Institutions: A Bidirectional Relationship," Working Paper Series 1153, Research Institute of Industrial Economics, revised 05 May 2017.
    3. de Bragança, Gabriel Godofredo Fiuza & Daglish, Toby, 2017. "Investing in vertical integration: electricity retail market participation," Energy Economics, Elsevier, vol. 67(C), pages 355-365.
    4. Williamson, Oliver E., 2010. "Transaction Cost Economics: The Natural Progression," Journal of Retailing, Elsevier, vol. 86(3), pages 215-226.
    5. Bruce Benson, 1999. "To Arbitrate or To Litigate: That Is the Question," European Journal of Law and Economics, Springer, vol. 8(2), pages 91-151, September.
    6. Williamson, Oliver, 2009. "The Theory of the Firm as Governance Structure: From Choice to Contract," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 111-134, December.
    7. Mikko Ketokivi & Joseph T. Mahoney, 2020. "Transaction Cost Economics As a Theory of Supply Chain Efficiency," Production and Operations Management, Production and Operations Management Society, vol. 29(4), pages 1011-1031, April.
    8. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, December.
    9. Geoffrey Hodgson, 2002. "The Evolution of Institutions: An Agenda for Future Theoretical Research," Constitutional Political Economy, Springer, vol. 13(2), pages 111-127, June.
    10. Wandel, Jürgen, 2011. "Integrierte Strukturen im Agrar- und Ernährungssektor Russlands: Entstehungsgründe, Funktionsweise, Entwicklungsperspektiven und volkswirtschaftliche Auswirkungen. Band I und II," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 63, number 63, September.
    11. Robert Gibbons, 2010. "Transaction‐Cost Economics: Past, Present, and Future?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(2), pages 263-288, June.
    12. Niesten, Eva & Jolink, Albert, 2012. "Incentives, opportunism and behavioral uncertainty in electricity industries," Journal of Business Research, Elsevier, vol. 65(7), pages 1031-1039.
    13. David Dequech, 2005. "Institutions: A Concept For A Theory Of Conformity And Innovation," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting] 174, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    14. McCarter, Matthew W. & Wade-Benzoni, Kimberly A. & Kamal, Darcy K. Fudge & Bang, H. Min & Hyde, Steven J. & Maredia, Reshma, 2020. "Models of intragroup conflict in management: A literature review," Journal of Economic Behavior & Organization, Elsevier, vol. 178(C), pages 925-946.
    15. Peters, Frank, 2018. "The business of video games is a multi-player game : Essays on governance choices and performance in a two-sided market in the cultural industries," Other publications TiSEM 886b3148-4bbb-4ea4-b666-0, Tilburg University, School of Economics and Management.
    16. Meie Deng & Anlu Zhang, 2020. "Market Efficiency under the Arrangement of Transaction Rules of the RCCL Market from the Supply-Side Perspective," Sustainability, MDPI, vol. 12(18), pages 1-16, September.
    17. Gultom, Yohanna M.L., 2019. "Governance structures and efficiency in the U.S. electricity sector after the market restructuring and deregulation," Energy Policy, Elsevier, vol. 129(C), pages 1008-1019.
    18. Richard Carter, 2012. "Transaction Cost Empirical Work," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 13, Edward Elgar Publishing.
    19. Meie Deng & Anlu Zhang, 2020. "Effect of Transaction Rules on Enterprise Transaction Costs Based on Williamson Transaction Cost Theory in Nanhai, China," Sustainability, MDPI, vol. 12(3), pages 1-16, February.
    20. Marcelo Bucheli & Xavier Durán & Minyoung Kim, 2024. "My best frenemy: a history-to-theory approach to MNCs’ corporate diplomatic activities," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(3), pages 326-341, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:globus:v:11:y:2010:i:3:p:333-345. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.imi.edu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.