Technological change management strategies in Asian small-scale businesses: Trends in Singapore

• Main Authors: MENKHOFF, Thomas, CHAY, Yue Wah
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Small and medium enterprises; Ethnic Chinese; businessmen; technological change; Singapore; Asian Studies; Entrepreneurial and Small Business Operations; Organizational Behavior and Theory; Race and Ethnicity; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/1358; https://ink.library.smu.edu.sg/context/lkcsb_research/article/2357/viewcontent/181_Artikeltext_367_1_10_20150624.pdf
• Institution: Singapore Management University

Based on survey data on the change management behavior of Chinese small and medium sized enterprises (SMEs) in Singapore, the paper explores how small entrepreneurs are coping with the city-state's turbulent business environment, processes of technological advancement and accelerated change. Differences between so-called opportunistic entrepreneurs and small business ventures are examined. Conceptually, the paper is informed by theories of change management, strategic choice, entrepreneurship and Chinese business. Special emphasis is put on the identification of demographic characteristics of "technological change masters" in Singapore's small business sector so as to gain an understanding of both the dynamism and relative passivity of SME owner-managers in terms of technological change management.