scholarly journals Business Strategy, Technology Development and Characteristics of Asian Firms: An Empirical Study of the Hong Kong Electronics Industry

2018 ◽  
Vol 3 (1) ◽  
pp. 13 ◽  
Author(s):  
David Ko ◽  
Cindy Ge
Keyword(s):  
Hong Kong ◽  
Family Business ◽  
Business Strategy ◽  
Technology Policy ◽  
Developing Economies ◽  
Electronics Industry ◽  
Business Strategies ◽  
Chinese Family ◽  
Technology Strategy ◽  
Original Design

This research explores the phenomenon of firm performance as it relates to the business strategy, characteristics of Chinese Family Business (CFB) in Hong Kong's Electronic Companies, and technology strategy adopted by these firms. The motive to do this research is that there has been very little work on business strategy in export-oriented "developing economies - latecomer economies" as referred by Zahra and Covin (1993). There has also been little work on technology policy/strategy in Hong Kong, although there have been many suggestions that Hong Kong firms "need" to change and up-grade their business strategies. Added to this, Hong Kong firms have interesting characteristics (Chinese Family Business, CFB), which may be related to their business and technology strategies. Performance may be determined by the strategies they adopt. In this research, the key dimensions of "technology strategy/policy" are identified, including Imitation, Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM), which are important in Hong Kong, but which have not been explored much in the literature. Hong Kong firms were selected in this topic since as China is found to become the world's manufacturing base and a lot of that industry, especially in Electronics Industry that this is an important topic.

Strategic Choice and the Nature of the Chinese Family Business: An Exploratory Study of the Hong Kong Watch Industry

2003 ◽  
Vol 24 (9) ◽  
pp. 1405-1435 ◽  
Author(s):  
Howard Davies ◽  
Catherine Ma
Keyword(s):  
Hong Kong ◽  
Family Business ◽  
Exploratory Study ◽  
Strategic Choice ◽  
Business Strategies ◽  
Chinese Family ◽  
Continuous Variables ◽  
Strategic Choices ◽  
The Relationship ◽  
Watch Industry

This study examines the relationship between the nature of the Chinese Family Business (CFB) and the business strategies adopted, in the setting of the Hong Kong watch industry. The nature of the CFB is conceptualized and measured as a set of sub-dimensions, represented by continuous variables. It is hypothesized that ‘ CFBness’ is positively associated with ‘traditional’ business strategies, but inhibitive of ‘upgrading’. The results show that the hypotheses are partially supported. While the findings support the view that firms’ strategic choices are constrained by material and ideational influences in their environment, only a small proportion of the variation in business strategies is accounted for by ‘CFB-ness’, leaving ample room for human agency. Overall, the results support a ‘middle view’ between the deterministic and voluntaristic perspectives, whereby firms exercise strategic choice within an environment that predisposes, but does not fix, their behaviour.

scholarly journals ТЕХНОЛОГІЧНА СТРАТЕГІЯ ЯК ДЕТЕРМІНАНТА УСПІХУ ПІДПРИЄМСТВА НА РИНКУ

2019 ◽  
Vol 133 (2) ◽  
pp. 50-59
Author(s):  
Ірина Миколаївна Гончаренко ◽  
Анна В. Сінілкіна
Keyword(s):  
Business Strategy ◽  
Best Practice ◽  
Technology Policy ◽  
Management Plan ◽  
Business Strategies ◽  
Technology Strategy ◽  
Extensive Experience ◽  
Corporate Strategies ◽  
Depth Analysis ◽  
A Company

The article discusses the main provisions on the selection and application of technology strategy at the corporate level and in particular business settings. Based on the in-depth analysis of international best practice, it is argued that a technology strategy is part of an overall comprehensive strategy that penetrates into all other strategies of a company strategic set and sets an imperative for innovative development in the market. Apparently, in some cases, a company business strategy actually makes its competitive management plan. Diversified companies run their own corporate strategies by a synergistic combination of different business strategies along with taking into account the specific coordination strategy, diversification or restructuring of company portfolios, if such exist. It is proved that technology vision, which entails technology policy and related objectives, drives the implementation of a company technology strategy and is a key determinant of company success on the market. It is also argued that the core of technology management concept is full harmonization of technology and the overall business strategy. The study has revealed that the aim of technology strategy is a competitive technology edge which means gaining specific outcomes needed to consumers. A focus on technology strategy and efficient embodiment of decisions are particularly important for technology-intensive types of production. However, time and financial horizons in conventional business realia promote such level of competition that allows for creating new exclusive competitive advantages which is a synergistic formation of new qualities based on extensive experience of many managers.

INHERITANCE, CHINESE FAMILY BUSINESS AND ECONOMIC DEVELOPMENT IN HONG KONG

2002 ◽  
Vol 10 (04) ◽  
pp. 287-312 ◽  
Author(s):  
VICTOR ZHENG
Keyword(s):  
Economic Development ◽  
Hong Kong ◽  
Family Business ◽  
The Self ◽  
Chinese Family ◽  
Initial Capital ◽  
Self Employment ◽  
Sibling Comparison ◽  
The Family ◽  
Family Based

This paper focuses on the study of inheritance, Chinese family business and economic development in Hong Kong. In this study, it is found that equal inheritance can assist economic development by generating competition and capital. Equal division is a criterion for sibling comparison. Comparison generates stress and anxiety with each son trying to outdo the other. Competition is therefore galvanized. Furthermore, initial capital that is released from partition can motivate sons, who want to be free from subjugation, to start their own business. This is the origin of the self-employment mentality. Both competition and capital are crucial factors for economic development to take place. The strong desire of self-employment mentality also drives Chinese family business to develop its own type of structure: jia-zu ji-tuan [family-based consortium]. Different family members can be diversified into different businesses or professions. These businesses or professions may or may not relate to each other. However, they maintain a certain level of interconnection under the banner of the family [jia-zu] and can support each other during time of crises and difficulties. They can maintain their domination in the community from generation to generation.

Performance Implications of Co-Alignment of Business and Technological Innovation Strategy

2003 ◽  
Vol 4 (4) ◽  
pp. 213-224 ◽  
Author(s):  
Sanjay Goel ◽  
Ángela González-Moreno ◽  
Francisco J. Sáez-Martínez
Keyword(s):  
Firm Performance ◽  
Technological Innovation ◽  
Business Strategy ◽  
Positive Relationship ◽  
Electronics Industry ◽  
Superior Performance ◽  
Business Strategies ◽  
Innovation Strategy ◽  
Versatile Tool

Since technology is a versatile tool that can be deployed strategically, the authors hypothesize that there are certain non-random combinations of technology and business strategy choices that lead to superior performance. Findings from a sample of SMEs in the Spanish electronics industry show that there is a positive relationship between a co-alignment of the two strategies (business and technological innovation) and firm performance. In practical terms, this study shows that although SMEs can achieve equally good performance with different business strategies, within every business strategy, entrepreneurs must emphasize different sets of technological innovation dimensions to outperform the competition.

Limits to the Growth of Family-Owned Business? The Case of Chinese Transnational Corporations from Hong Kong

2000 ◽  
Vol 13 (1) ◽  
pp. 55-70 ◽  
Author(s):  
Henry Wai-chung Yeung
Keyword(s):  
Hong Kong ◽  
Family Firms ◽  
Management Practices ◽  
A Priori ◽  
Effective Means ◽  
Business Strategies ◽  
Chinese Family ◽  
Foreign Markets ◽  
Domestic Markets ◽  
Qualitative Case Studies

It has become conventional wisdom in management literature that family-owned business is restricted by its management practices and, therefore, cannot grow beyond a certain size. In the case of Chinese family firms, these practices are related to paternalism, nepotism, personalism, and fragmentation. This paper examines three detailed qualitative case studies of Chinese family firms from Hong Kong that have relentlessly pursued growth through internationalization. It argues that venturing into foreign markets and transnational operations has become an effective means for Chinese family firms to expand beyond the limits of domestic markets and centripetal management structures. International business strategies enable Chinese family firms to socialize trusted members into the corporate “family,” provide a training ground for the future heir to the patriarch, and consolidate networks of personal and business relationships. There are, therefore, no a priori reasons to support the alleged limits to the growth of Chinese family firms in their international context.

scholarly journals No Family Company Without Family: The Professionalization of a Chinese Family Business in Hong Kong

2021 ◽  
Vol 10 (2) ◽  
pp. 262-282
Author(s):  
Karin Ling-Fung Chau ◽  
Heung Wah Wong
Keyword(s):  
Hong Kong ◽  
Family Business ◽  
Chinese Family

No Family Company Without Family: The Professionalization of a Chinese Family Business in Hong Kong

The relationship between MNCs’ strategies and executive staffing

2017 ◽  
Vol 25 (2) ◽  
pp. 233-250 ◽  
Author(s):  
Sangeetha Lakshman ◽  
C. Lakshman ◽  
Christophe Estay
Keyword(s):  
International Business ◽  
Business Strategy ◽  
Global Strategy ◽  
Business Strategies ◽  
Future Research ◽  
Research Approach ◽  
Global Integration ◽  
Content Type ◽  
Managerial Implications ◽  
The Relationship

Purpose The purpose of this paper is to examine the relationship of business strategies with executive staffing of multinational companies (MNCs). Design/methodology/approach Based on in-depth interviews conducted with top executives of 22 MNCs’, the authors identify important connections between international business strategies and staffing orientation. The authors used the qualitative research approach of building theory from interviews; thus, creating theoretical propositions from empirical evidence. Findings The authors find that when the pressure for global integration is high, MNCs use more parent-country national (PCNs) (ethnocentric staffing) as against the use of host-country managers (HCNs) (polycentric staffing) when this pressure is low. Additionally, MNCs using a global strategy are more likely to use an ethnocentric staffing approach, those using a multi-domestic strategy use a polycentric approach and firms using transnational strategy adopt a mix of ethnocentric and polycentric approaches. Research limitations/implications Although the authors derive theoretical patterns based on rich qualitative data, their sample is relatively small and comprises mostly of French MNCs. Generalizability to a broader context is limited. However, the authors’ findings have critical implications for future research. Practical implications The authors’ findings provide critical managerial implications for MNCs in matching their HR strategies with business strategies. These are important for effective strategy implementation. Originality/value Although MNC staffing orientations have been studied for a long time, their relationship to international business strategies is still not clearly understood. The authors contribute to the literature by investigating the relationship between MNCs’ business strategy types with staffing orientations.

A simplified model for evaluating the energy saving potential of adopting demand controlled ventilation in office buildings in Hong Kong

2016 ◽  
Vol 27 (1) ◽  
pp. 47-58 ◽  
Author(s):  
Jie Jia ◽  
Wai-Ling Lee ◽  
Hua Chen ◽  
Han Li
Keyword(s):  
Hong Kong ◽  
Energy Saving ◽  
Office Buildings ◽  
Simplified Model ◽  
Design Parameters ◽  
Subtropical Climate ◽  
Original Design ◽  
Energy Saving Potential ◽  
Controlled Ventilation ◽  
Demand Controlled Ventilation

Demand controlled ventilation (DCV) to conserve energy while maintaining an acceptable indoor environment has been used for over 30 years. However, little work has been done on evaluating its energy saving potential in cooling dominant office buildings in subtropical climate. In this study, the energy saving potential of DCV system for use in six representative office buildings in Hong Kong was investigated by simulations. Simulation validation was done based on in situ measurements and site surveys. The findings show that, based on their original design conditions, the use of DCV could lead to 12.5–26.1% energy saving. To facilitate quick estimation of the energy saving potential of DCV system, further simulations were performed for the development of a simplified model. The simplified model relates the energy saving potential to key air-conditioning system and design parameters. Based on the simplified model, sensitivity analysis was conducted to quantify the influences of different parameters on the energy saving potential of DCV system. The developed model method can be used for prediction on the energy saving potential in a wider application of DCV in Hong Kong.

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