Conceptualising the entrepreneurial process using Chinese classics: a paradoxical perspective Online publication date: Thu, 02-Sep-2010
by Pi-Shen Seet
International Journal of Business and Systems Research (IJBSR), Vol. 4, No. 5/6, 2010
Abstract: This paper aims to build a conceptualisation of the entrepreneurial process from major Chinese classical works of thinking, a non-traditional source of management thought. In particular, it argues that a paradoxical perspective of the entrepreneurial process is an appropriate conceptualisation. It follows the perspective that there is a high component of nation-specific or culture-specific contexts in entrepreneurship. This paper covers the concept of paradox in management theory before establishing a link between paradox and the understanding of entrepreneurial phenomena in that a theory of paradoxical logic is an especially appropriate one to analyse the phenomena of creativity and innovation. Applied to two mini-case studies of Chinese entrepreneurs, it is also suggested that reconciling paradoxes is a dynamic capability that allows entrepreneurs to differentiate themselves and when used appropriately, can facilitate innovation and growth of new ventures.
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