How the Firms Grow with the Dynamic Entrepreneurship in China Market?

Abstract

Entrepreneurship is key to the growth and survival of firms in this volatile environment. In China, many firms emerge with the development of the economy. Some firms succeed to achieve the competitive advantage while many firms fail to survive. Why some succeed and some fail? To some extent, they are all full of entrepreneurship. Why only entrepreneurship is not enough for the firm development. The paper think that if the firms' special entrepreneurship cannot adapt to the firm's development period, the firms with the entrepreneurship cannot succeed. The paper puts forth a new concept `dynamic entrepreneurship'. Dynamic entrepreneurship is necessary for the entrepreneurs to develop firms. Entrepreneurship should be dynamic to create value. In the process of firm development, the entrepreneurs' way to create value is different. The paper will analyze the characteristics of the different growth period and point out the main tasks in the special period. These tasks decide what the entrepreneurs should do. If the entrepreneurs don't take on these tasks, they cannot seek out the new opportunities and cannot create new value. So in the paper's opinion, the entrepreneurs should be dynamic entrepreneurship to match the firms development