International Journal of Research Studies in Management
CollabWritive Special Issue
2023 Volume 11 Issue 8
Available Online: 25 August 2023
Author/s:
Shuo, Han
Graduate School, Lyceum of the Philippines University – Batangas, Philippines
Abstract:
The entrepreneurial ecosystem in China is one of the most dynamic and vibrant in the world. In recent years, there has been a surge in the number of start-up businesses in China, and these businesses have achieved significant success. However, start-up entrepreneurs in China also face a number of challenges, including a lack of access to capital, a competitive market, and a complex regulatory environment. This study examines the entrepreneurial capability, start-up strategies, and challenges among start-up entrepreneurs in China. The study uses a survey of 300 start-up entrepreneurs in China to collect data on these factors. Descriptive research design was used in this study because the goal of the study is to describe the entrepreneurial capability, start-up strategies, and challenges among start-up entrepreneurs in China. The questionnaire is a good choice for a data gathering instrument because it allows the researchers to collect data from a large number of start-up entrepreneurs in China. This data can then be used to develop the start-up framework. Results of the study revealed moderate agreement on their entrepreneurial capability as to leadership and management, active learning and analysis, integrity and commitment and passion and self-achievement. The respondents agreed on their start-up strategies as to planning, marketing and sales strategy. They also agreed on the challenges of new-startup in terms of funding, management and technological know-how and innovation skills. Result shows that there is no relationship between entrepreneurial ability, start-up strategies and start-up challenges. A framework for start-up entrepreneurs were developed to enhance their entrepreneurial capability.
Keywords: entrepreneurial capability, start-up strategies, start-up challenges
DOI: https://doi.org/10.5861/ijrsm.2023.1098
Cite this article:
Shou, H. (2023). Entrepreneurial capability, start-up strategies and challenges among start-up entrepreneurs in China: Basis for business viability framework. International Journal of Research Studies in Management, 11(8), 77-85. https://doi.org/10.5861/ijrsm.2023.1098