01936nas a2200229   4500008003900000022001400039245003600053210003600089260004200125300001000167490000600177520137400183653001001557653002101567653001301588653001401601653001101615653001201626653001501638100001701653856003601670       2012                          d  a1927-032100aChinese Entrepreneurs Go Global0 aChinese Entrepreneurs Go Global  aOttawabTalent First Networkc02/2012  a28-310 v23 aChina may be on the tipping point of explosive global growth. In response to changes in the global economy and an economic slowdown domestically, hundreds of thousands of Chinese SMEs are being encouraged to “go global” by their central and local governments. To a Chinese company, going global requires the expansion of its existing business in other countries or the development of new ventures with partners operating in other countries. Explosive growth in China may be possible, but it will depend on an appropriate strategy for going global. 

For a country that has firmly established itself as an international manufacturing hub, going global requires a shift in its entrepreneurial capacity, which is the focus of this article. We first assess the current situation in China to understand its current entrepreneurial focus and capacity, as well as the impetus for change. Next, we contrast the Kirznerian and Schumpeterian views of entrepreneurship to illustrate that – to go global – Chinese entrepreneurs must shift from an emphasis on exploiting pricing inefficiencies (i.e., Kirznerian entrepreneurship) to an emphasis on innovation (i.e., Schumpeterian entrepreneurship). Finally, we examine unique characteristics of the business environment and culture in China, which are likely to impact the ability of Chinese entrepreneurs to go global. 
10aChina10aentrepreneurship10afamilism10ago global10aguanxi10aKirzner10aSchumpeter1 aZhou, Daniel  uhttp://timreview.ca/article/524