Entrepreneurship:The Recipe to Prevent a Sea Turtle from Becoming a Sea Weed
As the Chinese economy has rapidly grown in recent years, more expatriates are also attracted back to China. When one returns, he is called a Haigui (i. e., Sea Turtle or a returnee from overseas), denoting a person with valuable advanced knowledge and skills from overseas. However, when a Sea Turtle cannot find a job over time, this person is analogously denoted as Haidai (i. e., Sea Weed or somebody with overseas experience waiting to find a job). The purpose of this paper is to prescribe entrepreneurship as a recipe for Sea Turtles to prevent them from becoming Sea Weeds by using the framework developed by Vozikis and Mescon (2002) 1. The main building blocks of their framework are FAKTS, i. e., Financials, Attitude, Knowledge, Timing, and Skills. We propose using these FAKTS of entrepreneurship as a catalyst in the process of transforming Sea Turtles into successful entrepreneurs in a Chinese economic context and for niche business opportunities to prevent them from turning into Sea Weeds. Barriers to the adoption of entrepreneurship in China are also reported and discussed.
Sea Turtles Entrepreneurship Venture Initiation Venture Development
David W.Pan George S.Vozikis
Northeastern State University,USA California State University atFresno,USA
国际会议
Academy of Innovation and Entrepreneurship 2008(创新与创业国际学术会议)
北京
英文
153-158
2008-03-01（万方平台首次上网日期，不代表论文的发表时间）