| Popis: |
In the world's progressively globalized economy, national culture is becoming an increasingly relevant factor. For companies to be able to compete on both a domestic and an international scale, a holistic understanding of cultural values is necessary. This study compared the top 25 technological entrepreneurial firms in China and in the United States, respectively, to determine if there existed a difference in founder age, founder educational level, and management composition. Technological entrepreneurs in the United States are younger (p = .039) and less educated (p = .012) than technological entrepreneurs in China when they first establish their entrepreneurial firms. Additionally, there are more individual founders per American technological firm than there are for their Chinese counterparts. (p = .011) These findings on age, education level, and management composition are indicative of the underlying cultural values and business philosophies of each country. The results of the study can provide a better sense of the business and management principles that would be successful within the cultural context of the two nations. |
