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Entrepreneurship and Innovation in China and Mexico: An Analysis from the Public Policies Perspective

Received: 22 August 2017    Accepted:     Published: 22 August 2017
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Abstract

Entrepreneurship has been related to the accomplishment of macroeconomic goals in economic development, economic growth and international competitiveness between countries. Mexico has needed to cope with the new trends in business management under a perspective of advancement by the use of entrepreneurship and innovation as a way to achieve these requirements, this has generated the incipient need to stipulate public policies that contribute to an effective administration of these trends. However, despite of the efforts, the dynamics of adherence to innovation and development of technology-based companies still rests on limited indicators that have not contributed to the achievement of the macroeconomic objectives raised around the theme. On the other hand, China has been able to contextualize properly its private capital investment initiatives. The public policies are focused into stimulating and strengthening the emerging economic sectors, so they have been characterized by contributing to the research and development of new products and services. This, has generated an effective international positioning in virtue of the competitiveness of its sectors and economic growth attached to a propitious usage and application of both variables. The comparison of both realities allows an approach to the maneuvers that have been carried out in Mexico and China to glimpse opportunities and threats in the manipulation of these factors, that vary according to the specific environment and context of each one of these countries, in the face of the emergence of world markets which denote a closer link between government and industry in the achievement of sustainable and strengthened economic sectors.

Published in Science Journal of Business and Management (Volume 5, Issue 4)
DOI 10.11648/j.sjbm.20170504.16
Page(s) 175-180
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Entrepreneurship, Innovation, Mexico, China, Public Policies

References
[1] C. Marquis y M. R., «Institutional Strategies in Emerging Markets», Harvard Business School, Cambridge, 2014.
[2] Z. Acs, T. Astrebro, D. Audretsch y R. David, «Public policy to promote entrepreneurship: a call to arms», Small Business Economic, nº 47, pp. 35-51, 2016.
[3] D. Ahlstrom y Z. Ding, «Entrepreneurship in China: An overview», International Small Business Journal, vol. 32, nº 6, pp. 610-618, September 2014.
[4] G. Hanson, «Understanding Mexico´s Economic Underperformance», Migration Policy Institute, Washington, 2011.
[5] R. Crandall, G. Paz y R. Roett, Mexico’s Democracy at Work: Political and Economic Dynamics, Boulder: Lynne Rienner, 2005.
[6] Y. Z. D. Xiao, «Policy entrepreneur and social policy innovation in China», The Journal of Chinese Sociology, vol. 02, nº 10, pp. 1-17, 2015.
[7] World Economic Forum, «World Economic Forum», 2016. [En línea]. Available: http://reports.weforum.org/global-competitiveness-report-2015-2016/competitiveness-rankings/.
[8] D. Isenberg, «Entrepreneurial Ecosystems Around the Globe and Early-Stage Company Growth Dynamics», World Economic Forum, Switzerland, 2010.
[9] T. Schøtt y K. Wickstrøm, «The Coupling between Entrepreneurship and Public Policy: Tight in Developed Countries but Loose in Developing Countries», Estudios de Economía, vol. 35, nº 2, pp. 195-214, Diciembre 2008.
[10] D. Storey, «Entrepreneurship and SME Policy», WORLD ENTREPRENEURSHIP FORUM, Warwick, 2008.
[11] D. Story, Industry, the State, and Public Policy in Mexico, Texas: University of Texas Press, 2014.
[12] OCDE, «OECD Perspectives: Mexico Key Policies for Sustainable Development», OCDE Publishing, Paris, 2010.
[13] The People´s Republic of China State Council, «The State Council», 16 Junio 2016. [En línea]. Available: http://english.gov.cn/policies/latest_releases/2015/06/16/content_281475128473681.htm.
[14] Z. Chen y A. Newman, «Entrepreneurs, organizational members, political participation and preferential treatment: Evidence from China.», International Small Business Journal, vol. 30, nº 8, pp. 873-889., 2012.
[15] World Bank, «World Bank», 2017. [En línea]. Available: http://data.worldbank.org/.
[16] T. Mazzarol, 6 ways governments can encourage entrepreneurship, World Economic Forum, 2014.
[17] D. Audretsch, «Sustaining Innovation and Growth: Public Policy Support for Entrepreneurship», Industry and innovation, vol. 11, nº 3, pp. 167-191, 2004.
[18] GEDI, «Global Entrepreneurship Development Index», GEDI, USA, 2016.
[19] Global Entrepreneurship Monitor, «Reporte Nacional 2014 México», GEM, México, 2015.
[20] S. Dutta, B. Lanvin y S. Wunsch, «Global Innovation Index 2015: Effective Innovation Policies for Development», GII, Geneva, 2016.
[21] Instituto Nacional del Emprendedor, «INADEM», Abril 2017. [En línea]. Available: www.inadem.gob.mx/tutoriales.
Cite This Article
  • APA Style

    Juan Carlos Tello Prior. (2017). Entrepreneurship and Innovation in China and Mexico: An Analysis from the Public Policies Perspective. Science Journal of Business and Management, 5(4), 175-180. https://doi.org/10.11648/j.sjbm.20170504.16

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    ACS Style

    Juan Carlos Tello Prior. Entrepreneurship and Innovation in China and Mexico: An Analysis from the Public Policies Perspective. Sci. J. Bus. Manag. 2017, 5(4), 175-180. doi: 10.11648/j.sjbm.20170504.16

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    AMA Style

    Juan Carlos Tello Prior. Entrepreneurship and Innovation in China and Mexico: An Analysis from the Public Policies Perspective. Sci J Bus Manag. 2017;5(4):175-180. doi: 10.11648/j.sjbm.20170504.16

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  • @article{10.11648/j.sjbm.20170504.16,
      author = {Juan Carlos Tello Prior},
      title = {Entrepreneurship and Innovation in China and Mexico: An Analysis from the Public Policies Perspective},
      journal = {Science Journal of Business and Management},
      volume = {5},
      number = {4},
      pages = {175-180},
      doi = {10.11648/j.sjbm.20170504.16},
      url = {https://doi.org/10.11648/j.sjbm.20170504.16},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.20170504.16},
      abstract = {Entrepreneurship has been related to the accomplishment of macroeconomic goals in economic development, economic growth and international competitiveness between countries. Mexico has needed to cope with the new trends in business management under a perspective of advancement by the use of entrepreneurship and innovation as a way to achieve these requirements, this has generated the incipient need to stipulate public policies that contribute to an effective administration of these trends. However, despite of the efforts, the dynamics of adherence to innovation and development of technology-based companies still rests on limited indicators that have not contributed to the achievement of the macroeconomic objectives raised around the theme. On the other hand, China has been able to contextualize properly its private capital investment initiatives. The public policies are focused into stimulating and strengthening the emerging economic sectors, so they have been characterized by contributing to the research and development of new products and services. This, has generated an effective international positioning in virtue of the competitiveness of its sectors and economic growth attached to a propitious usage and application of both variables. The comparison of both realities allows an approach to the maneuvers that have been carried out in Mexico and China to glimpse opportunities and threats in the manipulation of these factors, that vary according to the specific environment and context of each one of these countries, in the face of the emergence of world markets which denote a closer link between government and industry in the achievement of sustainable and strengthened economic sectors.},
     year = {2017}
    }
    

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Author Information
  • Management Faculty, Benemérita Universidad Autónoma de Puebla, Puebla, Mexico

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