Date: December 26, 2014

Time: 1:30pm-3:00pm

Venue: Room 1102, Administration Building, Zijingang Campus

Speaker: Gracy YANG, Senior lecturer, University of SydneyBusinessSchool

Topic: When Does Corruption Grease Nascent Entrepreneurship in a Transition Economy? The Effect of Entrepreneurial Climate

Host: Associate Prof. WU Aiqi, Department of Business Administration, ZJUSOM

Abstract: How the pervasiveness and arbitrariness of government corruption may harm and promote nascent entrepreneurship was examined using data from a survey of 160 entrepreneurs in China. Both the pervasiveness and the arbitrariness of corruption were found to increase nascent entrepreneurs’ difficulties in gaining access to resources, generally demonstrating a detrimental effect. But the detrimental effect of pervasive corruption was weakened and even became beneficial where the entrepreneurial climate was less favorable. The detrimental effect of arbitrary corruption, by contrast, became weaker or even disappeared where the business climate was more favorable for entrepreneurs. The findings highlight the different impacts of the two dimensions of government corruption on a new venture’s resource acquisition in a transition economy.

About Speaker: Gracy Yang is Senior lecturer of the Discipline of International Business, at the University of Sydney Business School. She received her Ph.D. in management from the Hong Kong University of Science and Technology. Her current research interests include global corporate strategy; management and organizations in transition/emerging economies, organizational learning and change, organizational and inter-organizational networks. Her research has appeared or is forth coming in Academy of Management Journal, Organization Science, Academy of Management Best Paper Proceeding, Asia Pacific Journal of Management, and others.She is currently a visiting associate professor in the International Business and Management Department at University of Nottingham Ningbo China (UNNC).