企业家精神在出口贸易中的作用印度中国台湾软件出口的比较外文翻译.docx
《企业家精神在出口贸易中的作用印度中国台湾软件出口的比较外文翻译.docx》由会员分享,可在线阅读,更多相关《企业家精神在出口贸易中的作用印度中国台湾软件出口的比较外文翻译.docx(12页珍藏版)》请在冰点文库上搜索。
企业家精神在出口贸易中的作用印度中国台湾软件出口的比较外文翻译
外文翻译
原文
Theroleofexport-drivenentrepreneurshipineconomicdevelopment:
AcpmparisonofsoftwareexportsfromIndia,China,andTaiwan
MaterialSource:
TechnologicalForecasting&SocialChange71(2004)799–822
Author:
FarokJ.Contractor,SumitKundu
5.Entrepreneurshipinsoftwareexports:
acomparisonbetweenIndiaandTaiwan
MostimportantlyforIndia,theentrepreneurialqualitiesinherentinsoftwareexportsmayrepresentapowerfulexampleforothersectors,aswellasstimulateafasterliberalizationofIndiangovernmentpolicy(AroraandAthreye).Thefollowingsectionofthepaperaskswhethersoftwareexportsuccessisbasedonfirmorentrepreneurcharacteristics.SamplefirmsinIndiaandTaiwanweresurveyedin2000,anddataontheiroperationsbetween1995and1999werecompared.
5.1.Indiansoftwareexporters
TheIndiansoftwareindustrygrewfromUS$553millionin1993–94tomorethanUS$6billionin2001,with60%ofitsoutputexportedabroad,withimportantdestinationsbeingNorthAmerica,WesternEurope,andJapan.
5.2.Taiwanesesoftwareindustry
UnlikeIndia,Taiwan’ssoftwareindustryhasastrongconnectiontoadomestichardwareindustry.TaiwanhasbeenamajormanufacturerofhardwarefortheglobalITmarket.Togetherwithitsdomesticmarket,thetotalITmarketsizeforTaiwanisbiggerthanIndia’s.Toincreaseproductcompetitiveness,Taiwanesehardwaremanufacturersembedsoftwareintotheirproductstoincreasevalue.Taiwan’ssemiconductorindustryhasalsoflourished—domesticproductionoutputby1996hadreachedUS$6.5billion.Theintegratedcircuit(IC)designindustryalsoutilizessoftwaretoolstodevelopnewproducts.Therefore,toaccuratelycalculatethetotalvalueofthesoftwareindustryinTaiwan,thesetwoindustrialsectorsneedtobeincluded.UnlikethesoftwareindustryinIndia,wheremostsoftwarecompaniesarestand-alonebusinesses,thesectorinTaiwancomprisesnotonlyindividualcompanies,butalsosubsidiariesofmajorhardwareorICmanufacturers.Becauseofalimiteddomesticmarket,Taiwanesecompaniesinternationalizedearlyforscaleandriskdiversification,aidedbygovernmentgrants.From1996to2000,significantgrowthinexportvolume,scopeofbusiness,andexportareatookplaceusingoverseasofficesandalliances.
5.3.Questionnaireadministration
FourhundredandfiftyfirmsintheIndiansampleweredrawnfromDirectoryofIndianExportersofComputerSoftwareandInformationTechnologyEnabledServices,1998–1999(MinistryofCommerce).Aquestionnairewasmailedtochiefexecutiveofficers(CEO)ofthesesoftwarefirms.
TaiwanesefirmswereidentifiedfromtheInformationServiceIndustryAssociationofR.O.C.(Taiwan),whichhas665members.Toavoidfirm-sizebiasandtobeconsistentwiththesubsamplefromIndia,78firmswereremovedbecausethesecompaniesortheirparentsarepubliclytradedineitherTaiwanorforeignstockmarkets.Theremaining587metthecriterionofsmallandmediumenterprises(SMEs)inTaiwan(i.e.,apaid-incapitaloflessthanNT$5millionortotalemployeesfewerthan100andannualsalesoflessthanNT$5millionornumberofemployeesfewerthan50).
5.4.Regressionmodel
Aregressionanalysis,usingasdependentvariables
1)Afirm’sexportintensity(%ofturnoverexported)widelyusedintheliteraturebyAxinn,BurtonandSchlegelmilch,Bilkey,andBelloandWilliamson;and
2)Exportgrowthrate.
Itwasperformedwithalog-linearspecification(semilogspecification),wherethepartialslopeofavariableisafunctionofthelevelofthedependentvariable,inasmuchasentrepreneurattributesandfirm-levelcharacteristicsasindependentvariablesareexponentiallyrelatedtothetwodependentvariables.
Theexplanatoryvariablesaregroupedintotwocategories:
Entrepreneurcharacteristics
Educationalbackgroundofentrepreneur
Internationalexperienceofentrepreneur
Technologicalinnovativeness
Strategicorientation
Firm-levelcharacteristics
Sizeoffirm
Ageoffirm
Internationalexperienceoffirm
Foreignexpertiseofemployees
Foreignmarketcoverage
5.4.1.Entrepreneurattributes
Technicaleducationwasmeasuredbyaskingtheentrepreneurs/CEOsineachcompanytoindicatetheirundergraduateand/orgraduatelevelofstudiesandfieldofspecialization.Internationalexperiencewasmeasuredbyaskingwhethertheypossessedforeignexpertiseandthenumberofyearsoftheirpersonalinternationalexperience.TechnologicalinnovativenesswasmeasuredbyascaledevelopedbyRogersandSchumakerthatrangesfromtechnical‘‘pioneer’’to‘‘traditionalist.’’Internationalstrategicorientationwasmeasuredthroughaquestiongaugingtheirabilitytosimultaneouslyhandlethecontrastingstrategiesof‘‘globalization’’and‘‘localization.’’
5.4.2.Firmcharacteristics
Thesizeoffirmswasoperationalizedby(a)totalsalesand(b)numberofemployees.Becauseofthehighcorrelationbetweenthem(.668),justonemeasure(thenumberofemployees)wasused.Theageofthefirmwascodedastheyearthecompanywasformed.Internationalexperiencewasmeasuredbyaskingfortheyearinwhichthefirmstartedexportingonaconsistentbasis,asinCavusgilandZou[20].(Notethatthismakesforanegativeexpectedsigntoverifythehypothesis.)Theforeignexpertiseofemployeeswasmeasuredthroughadummyvariable,similartoDiamantopuolosandInglis[21].Finally,thegeographicalscope(orforeignmarketcoverage)ofthefirmmeasuresthegeographicaldispersionorscopeofforeignmarketcoverage,alongalocal/regional/globalsalescoveragespectrumforthefirm’scustomers.Atotalof108responseswasreceived(47fromtheIndiansubsampleand61fromTaiwan)fromatargetlistof1037companies.
5.5.Discussionofresults
Table6reportsresultsfortheANOVAtestforcomparisonsbetweenIndiaandTaiwan.WeseesignificantdifferencesbetweenIndianandTaiwaneseentrepreneurs.WhiletheeducationalbackgroundofthesampleentrepreneursishigherinTaiwan,Indianentrepreneurs/CEOshavegreaterinternationalexperienceandtechnologicalinnovativeness.Asforthefirm-levelcharacteristics,thetwovariablesinwhichIndiaandTaiwanesefirmsaresignificantlydifferentaresize(largerinTaiwan)andforeignexpertiseofemployees(higherinIndia).Thesecomparisonsreflectthesomewhatdifferentbackgroundsofthesoftwaresectorsinthetwonations.Taiwanesefirmsmaybelarger,andtheirleadersmaybemorehighlyeducated,becauseoftheassociationwithlargechipandhardwarecompaniesinTaiwan.Indiansoftwarefirms,bycontrast,aremorestand-aloneoperationswhoseforeignexportsuccessdependsonthegreaterforeignexposureofboththeentrepreneursandtheiremployees.Lackingahardwareindustrybase,Indiansoftwareentrepreneursalsoregistergreatertechnologicalinnovativeness,althoughthedirectionofcausalitybetweenexportsuccessandinnovativenessisnotknown.
5.6.Entrepreneurcharacteristics
Thehypothesisthatentrepreneurswithtechnicaland/orprofessionaleducationwillhavestrongexportperformancewasstronglysupportedacrosstheboardforbothTaiwanandIndia,withsignificancegenerallybetterthan.01forbothexportperformancemeasures,viz.,exportgrowthandexportintensity.
Thehypothesisthatentrepreneurswhohavehadgreaterinternationalbusinessexperienceintheirpersonalbackgroundwillhavestrongerexportperformanceintheircompanieswasnotsupported.Itwasalsohypothesizedthatinnovativeentrepreneurswouldhavesuperiorexportperformance.ThishypothesisissupportedinthreeofthefourmodelsandfailstoachievesignificanceonlyfortheexportgrowthdependentvariableinIndia.ThefinaltestunderEntrepreneurCharacteristics,examinestheimpactofstrategicorientationoftheentrepreneurandmeasuresitsimpactonperformancemeasures.Theresultsshowsomesupportforthehypothesisthatanentrepreneur’sstrategicorientationthatemphasizes‘‘glocalization’’(theabilitytosimultaneouslyhandleglobalandlocalmarketdemands)isthewaytoachievesuccessabroad.
5.7.Firm-levelcharacteristics:
Whatistheimpactoffirmsizeonperformancemeasures?
Theregressioncoefficientswithrespecttosizearenotsignificantinanyregression.Thenullhypothesis—thatfirmsizewillhavenosignificantimpactonexportperformance—wassupported.
Anullhypothesisstatedthattherewouldbenostatisticallinkbetweenafirm’sageanditsexportperformance.Thisnullhypothesiswassupported.
Thenexthypothesisexaminestheinfluenceofthefirm’sinternationalexperienceonexportgrowthandintensity.Wehadhypothesizedapositiverelationship.(However,thiswouldbeverifiedbyanexpectednegativesignbecausetheinternationalexperiencevariablewascodedsimplyastheyearinwhichthefirstsignificantexportswererecordedbythecompany.)Thereisanegativerelationshipacrosstheboardandsignificantallfourrunssupportingthishypothesis.
Next,wehypothesizedthattheextentofforeignexpertiseofafirm’semployeeswouldhaveapositiveimpactonitsexportperformance.Thishypothesisisstronglysupportedforbothcountries.Thefinalhypothesiswasthatthegreatertheforeigngeographicalcoverageofthesoftwareexports,thebettertheperformance.ThiswasnotsupportedforIndia,andinthecaseofTaiwan,thisproducedanunexpectednegativesign,withsignificance.ThiscouldbeasaresultofTaiwan’ssoftwareproducersbeingmorelinkedtotheirdomestichardwareindustrythaninthecaseofIndia,wheremostofthesoftwaresectorisastand-alonebusinesswithexportorientation.However,thisisonlyanexposthypothesis,andalternativeexplanationsforthecontraryfinding