Jay Valerian Wu

University of Aberdeen | ABDN · Business Management

Firms are striving to improve their operational capacities and maintain competitive advantages in light of challenges presented by globalization, evolving consumer preferences, prolonged external disruptions, and advancements in industry 4.0. Given that their suppliers have an impact on their competitive advantages, firms must ensure that the selec...

Prior research highlights the disruptive and detrimental effects of chief executive officer (CEO) successions that involve a change of gender, i.e., from a male CEO to a female CEO and vice versa. In contrast, we contend that the effects of CEO successions with gender change depend on the context in which they take place. Drawing on expectation sta...

Drawing on the open innovation literature, we examine the relationship between alliances with science-based and market-based partners on the one hand, and impactful and lower-impact innovations, on the other hand. Specifically, we predict that alliances with science-based partners will boost impactful innovations while alliances with market-based p...

By presenting an investigation of the impact of international trade protectionism on the reconfigurations of the global value chains (GVCs), this paper challenges the perceived assumption of ongoing globalization and the free flow of goods and services. Building on the de-globalization and GVCs’ literature, we performed a historical content analysi...

This focused issue aims to advance both theoretical and empirical knowledge about the relationship between multinational enterprises (MNEs) and climate change (including when and where the former act as driver or mitigator), which has been seldom systematically examined but has become one of the most important issues to explore. There is an emergin...

This special issue aims to enhance our understanding of the digital transformation and sustainable development of Chinese enterprises. It provides a unique and comprehensive opportunity to explore the opportunities and challenges in the synergistic development of digitization and the triple bottom line (economic, social, and environmental) sustaina...

This special issue (SI) explores how digital technologies can be better utilized to enhance crowdfunding for entrepreneurship in emerging markets. Entrepreneurial funding in the early stages poses challenges, but the appeal of distributed online financing for new ventures is increasing due to accelerated innovation and market adoption rates. While...

This study examined how inward foreign direct investment (IFDI) concentration affects the research and development (R&D) strategies of locally domiciled firms operating in emerging markets. From a resource dependence perspective, we argued that any community-specific interdependencies between local and foreign firms stimulate the former to engage i...

As the sharing economy has grown rapidly and replaced the traditional businesses, new rules and norms for data and digital trade have emerged divergently in many countries. Such divergence in global e-commerce policies may be a major barrier to the internationalization of the sharing economy business. This paper aims to develop an internationalizat...

Asia differs from other regions of the world with respect to its unique and longstanding cultural, social, economic, and technological attributes, all of which have eluded systematic exploration by entrepreneurship scholars, representing a unique entrepreneurial context. However, such uniqueness should not be restricted to assertions about (among o...

Female entrepreneurs contribute substantially to economic growth in Asia. Despite their economic success, we know relatively little about them. This article presents a comprehensive review of female entrepreneurs in Asia, focusing on how they differ from their counterparts in the West, along four dimensions: female entrepreneurs’ unique characteris...

Corporate foresight (CF) has received increasing attention from scholars and practitioners alike. Due to the increasing environmental complexity and unpredictability that the corporate world is encountering, companies from various sectors have realized the need to engage in CF to mitigate uncertainty. However, current research on the topic remains...

Plain English Summary This study distinguishes between the different influences of Buddhist entrepreneurs in a region both on charitable behaviors and on the establishment of businesses in less-developed regions. Using nationwide surveys of founders of private enterprises in the Chinese context, multilevel analyses support a mediating view and have...

This study investigates how mutual dependence and power imbalance, which have been differentiated by recent studies adopting the theoretical lens of resource dependence theory (RDT) as two distinct forms of interdependence, change the effect of technological similarity between the acquiring firm and the target firm on post‐acquisition innovation ac...

Given the mixed evidence that having both women and men in the top management team (TMT) or in the board of directors (BOD) has a significant influence on organizational innovation, we resolve this issue by conceptualizing TMT–BOD gender diversity as part of a multiteam system, that has joint effects which impact organizational innovation. Evidence...

Purpose Research on entrepreneurship toward poverty reduction has outlined how micro-level characteristics of entrepreneurs capture entrepreneurial opportunities in settings of poverty; however, little is known about the influence of previous military experience in this context. This paper investigates how previous military experience influences po...

Returnee entrepreneurs, despite their assumed advantages in possessing international experiences and advanced knowledge, suffer from liability of returnee due to a lack of relationships with political and business actors and experience institutional uncertainty in the home market as they move across different institutional environments. This study...

This study advances the limited generalizability of previous studies that have focused on developed market multinational enterprises and explores the link between institutional distance and ownership choice of emerging market multinational enterprises (EMNEs). Such studies in the EMNE context have been rare, and we provide key theoretical explanati...

We examine how institutional factors influence the strategies entrepreneurial ventures use as they seek the knowledge they need to perform and compete. With a focus on economic and ecosystem development, we propose a framework of interrelations between two principal knowledge-search strategies, their interactions with varying levels of institutiona...

Drawing on the notion of “fault lines” and the upper echelons perspective, we argue that the gender fault line strength of a board of directors is negatively related to strategic change. More interestingly, while gender fault line strength negatively relates to strategic change under low levels of environmental complexity, environmental dynamism, a...

This article explores the role of the formal network centrality of top management teams (TMT) for foreign expansion, looking at the case of Chinese firms. The former is defined by the degree to which top managers are connected with TMTs of other firms in formal ways, through service as independent board members. We explore boundary conditions, comp...

The anniversary of Kogut and Singh’s construct of “cultural distance” is a good time to reflect on this immensely popular but flawed construct, assess the efficacy of the remedies offered for its reform and refinement, and chart an alternative approach that represents a departure from distance as the dominant paradigm with which to view and analyze...

Purpose The authors attempt to answer the basic questions: How is imitation tied to innovation? This question is addressed in the context of China's innovation system in the 2000s where Chinese industrial firms simultaneously implement innovation and imitation strategies in their new product developments. Design/methodology/approach The authors fi...

Poverty reduction has increasingly become a core subject for researchers across the social sciences from economics to finance, management, and entrepreneurship. This study goes beyond existing management and entrepreneurship literature that has devoted significant efforts to exploring market-based ways for economic development, but has neglected po...

In this paper, we extend the existing understanding of the Uppsala model to explain a dynamic evolution. We adapt Teece’s distinction between operational and dynamic capabilities to build a theory that explains the characteristics of emerging multinational enterprises’ (EMBEs) internationalization process. Arguing both theoretically and empirically...

Can domestic political capital be transferable to more or less similar institutional contexts abroad? Motivated by contradictory results in two streams of research, this study seeks to combine the insights from two theoretical arguments and conceptualize the role of domestic political ties in international expansion as a dual problem of securing ke...

Following the efficiency logic that argues process quality management provides an important basis for firms’ internal controls over their innovation activities, this study which is set within emerging markets extends the literature by shedding light upon an interesting phenomenon: employing process quality management reduces purchasing risk for pot...

In this study, we challenge the conventional understanding of ambidexterity as an unquestionable contribution to better performance. We combine the concept of ambidexterity and the notion of managerial capability to explore different effects of ambidexterity on innovation performance in the context of emerging markets. We investigate this ambidexte...

Our study reveals the financial performance implications of the speed at which Chinese multinational enterprises (CMNEs) expand into intra-regional versus inter-regional host countries. In doing so, we propose a framework that integrates internationalization speed and home regionalization literatures. Using data from 767 publicly listed CMNEs from...

Drawing on the institution theory and the resource-based view of the firm, we propose a contingent view on the relationship between host market's institutional environment, emerging multinational enterprises (EMNEs)’ capability, and their innovation performance in the internationalization process. Specifically, we examine three key aspects of host...

Purpose The ramp-up in humanitarian logistics operations is a stage when the demand surges, often at the start of an emergency. In response, agility is a key strategy used by the humanitarian organizations (HOs). However, the HOs are constrained by their existing resources and have to respond in the ramp-up process under their resource dependency....

Top management team (TMT) heterogeneity research has not yet clearly revealed whether surface-level diversity (i.e., national culture, gender, age) contributes to or detracts from a firm’s financial performance and has not focused on how strategic change frequency (number international diversification or refocusing activities) serves as an interven...

Whereas entrepreneurship research has made advancements to establish and distinguish itself as an academic area, entrepreneurship education has developed more modestly. In this article, we introduce the Heptalogical Model as a conceptual foundation for entrepreneurship education, pedagogy, course and program development, and external engagements wi...

Research summary Drawing on the demographic faultline perspective and the concept of attribute‐specific faultlines, we investigate the effect of top management team (TMT) relationship‐based (gender, age, educational level) and task‐based (functional background, tenure) faultline strengths on strategic change. In a panel study (2003‐2015), we find t...

This study proposes and tests a theoretical framework that relates a firm’s imitation strategy and its interaction with R&D resources to incremental and radical innovation. The analysis of a panel dataset of 1381 Chinese manufacturing firms in the period 2008–2014 shows that imitation strategy is positively related to incremental innovation but has...

This study examines the competitive dynamics between foreign and local firms. We posit that multinational enterprises (MNEs)’s entry in foreign markets significantly reduces the survival rate of local firms in the short term, but that this effect gradually diminishes over time. The proposed conceptual framework is operationalized through the combin...

The relationship between self-imposed certification of the quality of a firm’s management practices and its new product performance was investigated using data from a survey of 878 manufacturing and service firms. Certification was shown to promote new product success by reducing the information asymmetry a firm and potential buyers in an emerging...

This paper uses a Markov switching model (MSM) to decompose Macao's tourism cycle into high and low growth states (HGS, LGS) for the period of 2005Q2–2017Q2. The likelihood of the cycle maintaining HGS is 93% but the risk of staying in LGS is 80%. The Macao cycle is favorably asymmetric, with HGS (14.7 quarters) lasting much longer than LGS (5.1 qu...

Research on poverty reduction through entrepreneurship has often emphasized external help from government or charitable institutions. Evidence from China is used to argue that poverty reduction through entrepreneurship is an internal process which helps the poor to undertake positive actions to reduce their poverty. To conventional analyses emphasi...

This study proposes a moderated mediating framework to describe the relationships among international diversification, technological capability, market orientation and emerging market multinational enterprises' new product performance. Within this framework, emerging market multinational enterprises' technological capabilities mediate the impact of...

Although prior research conceptualizes how knowledge-seeking motivates the internationalization of emerging-market enterprises (EMEs), whether outward foreign direct investment (OFDI) indeed leads to enhanced innovation performance has received limited attention. We address this subject by conceptualizing how Chinese EMEs’ OFDI enhances their subsi...

Purpose Overseas work experiences have played a critical role in venture creation and success, yet the impact of overseas work experience on returnee entrepreneurs’ venture capital funding in the Chinese market remains understudied. This paper aims to explore the impact of returnee entrepreneurs’ overseas experiences on their opportunities of vent...

Research Summary This study examines the role of international institutional complexity, which is defined as the scope and multiplicity of institutional dimensions across foreign markets, on emerging market multinational companies’ (EMMCs) innovation performance. We propose that international institutional complexity provides learning opportunities...

This article examines how social identity links institutional pressures and audit quality. Combining institutional theory and social identity theory, we theoretically argue that the interaction between social and institutional forces shapes audit quality. Through an analysis of Chinese audit firms from 2000 to 2007, we show that isomorphic imitatio...

This research examines the roles of government policies within the national innovation system (NIS) in promoting effective social entrepreneurial action and enhancing economic growth in rural sectors. We investigate government's role in promoting effective social entrepreneurial action within the NIS framework in rural sectors through a change in t...

Research Summary Drawing on entrepreneurial finance theory, we examine the trade‐offs among different sources of capital for entrepreneurial firms in emerging economies and their impact on innovation. In emerging economies, one of the unique aspects of firm financing is the presence of informal capital, as many formal sources of capital for new ent...

In this study, we link regional diversification to global diversification of emerging market multinationals (EMNCs) and explore the importance of firm-specific technology and marketing know-how in that process. We develop our hypotheses and test them using a sample of 625 Chinese manufacturing multinationals across multiple industries. The results...

With the increasing importance of the Internet in connecting buyer and suppliers, how does Internet-based collaboration affect firm product innovation? This study proposes that Internet-based collaboration positively affects product innovation performance of supplying firms, but too much dependence on it impedes product innovation. That is, Interne...

We explore the performance implications of location choices Chinese multinational corporations (MNCs) make. Drawing on internalization and organizational learning theories, we find that developing country MNCs entering other developing countries experience a positive effect on their performance in the immediate term that, however, erodes over time...

We examine how host-country institutional development influences innovation performance of internationalized emerging market enterprises (EMEs). Our panel-data analysis of Chinese EMEs shows that although host-country institutional development on average enhances innovation performance of the parent, such effects are more pronounced for EMEs with s...

In this study, we integrate resource dependence theory and agency theory to argue that state ownership has a dual (inducement and constraint) effect on emerging market firms’ export performance. Building on this inducement-constraint framework, we hypothesize a non-linear relationship between state ownership and export performance of emerging marke...

This study examines the role of the institutional quality and diversity of foreign markets on exporting firms’ innovation performance. Building on the institutional economics theory, the institution-based view of international expansion, and the literature on international diversification, this study proposes that expanding into a foreign market wi...

This study investigates the extent to which strong relationships between a firm and its key suppliers promote effective new product introduction. Building on the relationship marketing literature, we identify self-enforcement and interdependence as two contingent relational variables that influence the strength of the buyer–supplier relationship. W...

We examine the local institutional and political connections factors that influence the foreign direct investments (FDI) of emerging markets firms. Investigating FDI of 754 Chinese companies over the period 1999–2013, we find that the quality of local institutions to support business activities matters. Firms from institutionally strong provinces w...

This study integrates the resource dependence perspective and the stakeholder perspective to analyze local Chinese suppliers’ environment strategies in response to environmental requirements of different types of customers. With a sample of 1,215 local Chinese manufacturing suppliers, we examine the impact of export intensity and environmental requ...

We propose that home country institutional environment shapes emerging market firms’ foreign expansion. We argue that better-developed home country institutional environment promotes emerging market firms’ expansion to foreign markets more advanced than the home country, while institutional instability in the home country reduces this propensity. W...

Purpose – The purpose of this study is to identify key factors that facilitate knowledge sharing in collectivistic cultures and further help better understand knowledge management in the international context. Design/methodology/approach – Using a survey method, this study collected data from over 200 managerial employees in knowledge management-b...

This study combines internal and external perspectives to examine the antecedents of corporate social and environmental irresponsibility. In terms of internal factors, we focus on the extent to which a firm incorporates corporate social responsibility (CSR) into its business strategy and the level of firm-specific R&D investment. With respect to ex...

China has become one of the most important economies in the global market, but negotiating with the Chinese remains a great challenge for most Westerners. This study is to help better understand Chinese business negotiation styles with an indigenous perspective by exploring the impact of Confucian ideal personality on business negotiation process i...

This study examines when high tech firms are better off specializing in either exploration or exploitation learning strategy. Drawing on the organizational learning literature, we hypothesize that a firm¡¯s imbalance between exploration and exploitation (or specialization strategy) has differential impacts on firm performance depending on its struc...

This study links regional diversification to global diversification and examines the moderating role of firm-specific technological and marketing capabilities in this relationship. Drawing on the organizational learning theory and the resources/capabilities view, this study develops and tests hypotheses on a sample of 687 manufacturing firms across...

Drawing on the resource dependence theory, the stakeholder perspective and environmental management capabilities, this study examined the relationship between the heterogeneity of customer pressures and the varying levels of environmental policies in China. Data on 1215 Chinese manufacturing firms were analyzed to demonstrate that environmental pre...

Purpose ‐ The purpose of this paper is to study the effect of firm-specific capabilities on performance in regional polarization. Design/methodology/approach ‐ The study develops and tests a theoretical model relating regional economic characteristics and firm-specific capabilities to performance. Based on a survey conducted by the World Bank, data...

This article presents a trade based theory of casino taxation along with empirical evidence found from Macao as a typical tourism resort. We prove that there is a unique optimum gaming tax in a particular market for casino gambling, argue that any change in this tax is engendered by external demand shifts, and suggest that the economic rent from ga...

This study unbundled institutional environment into two distinct aspects: institutional distance (the degree of dissimilarity between the institutional environment of a firm’s home country and an economy into which it expands) and institutional diversity (the variety of all the institutional environments to which a firm is exposed), and related the...

This article examined the effects of knowledge search breadth and CEO tenure on success in product innovation. Building on knowledge search literature and attention-based theory, the study posited that the breadth of a firm's external knowledge search has a curvilinear effect on its product innovation success. It further proposed competing predicti...

Drawing on the external knowledge search literature and the literature on international diversification, this study examined the interactive effect of local and international search for new knowledge on product innovation and the moderating role of a firm's technology boundary spanning activities. Specifically, it proposed that extensive local and...

The relationship between cooperation with competitors and product innovation performance was investigated along with the moderating effect of the innovating firm's technological capability and its alliances with universities. The hypothesis that cooperation with competitors has an inverted U-shaped relationship with product innovation performance w...

This study explored the role of the board of directors in the relationship between integrated risk management and product innovation. We focused on a board's direct involvement in risk oversight and its use of external audit in risk oversight, and examined their moderating effects on the relationship between integrated risk management and product i...