Managing complexity in the process of transforming new start-ups into well established firms in the Chinese economy context

Xudong Gao, Yajun Wu and Mingfang Li

International Journal of Business and Systems Research, 2010, vol. 4, issue 5/6, 577-595

Abstract: Transforming new start-ups into well established firms is a complex process and contains the management of many complex and challenging tasks. In this paper, we examine the roles played by some Chinese cultural values in facilitating the development of effective strategies to manage these tasks and argue that these cultural values are of critical importance because they could be the cognitive basis for developing a paradoxical frame that helps managers to recognise and accept the simultaneous existence of contradictions, develop a more effective cognitive representation when facing a rugged landscape and identify effective management rules in complex environment.

Keywords: complexity; start-ups; systems perspectives; Chinese economy; cultural values; paradoxical frameworks; contradictions; cognitive representations; complex environments; well established firms; business; culture; systems research; China; strategic management. (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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