Growth pattern of an employee-owned business: a narrative inquiry concerning the new venture creation experience of Wowprime in Taiwan

Chang, Li-Chung; Wen, Chao‐Tung; Chang, Yeg-Ming; Huang, Pei‐how

doi:10.1080/13602381.2014.929401

Cited by 3 publications

(1 citation statement)

References 34 publications

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“…UDBMI in the Chinese context needs to be specified for its cultural uniqueness. China is deeply influenced by the cultural roots of 'The Book of Changes' and the later philosophies of Taoism (Chang et al 2014(Chang et al , 2017, Confucianism and Buddhism (Nan 2013;Sundararajan and Sundararajan 2020). In contrast to European-centric (western) culture in management (Asante 2006), management in China places more emphasis on holistic ontology (rather than polarization), harmony (rather than fair contracts) in axiology (Chin et al 2018), and intuitive or nonlinear (rather than linear) thinking (Chen 2013).…”

Section: Introductionmentioning

confidence: 99%

User-driven business model innovation: an ethnographic inquiry into Toutiao in the Chinese context

Chang

Wang

Zhang

et al. 2021

Asia Pacific Business Review

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The current firm-driven business model innovation (FDBMI) has found its limits. The aim of this research is to explore the userdriven business model innovation (UDBMI) adopting the ethnographic inquiry approach in the Chinese context. The findings show that UDBMI includes five stages: co-creation of content via interaction, creation release by platform, content spread, effect and flow into cash. It is an inside-out cycle which starts from personal (both fans and creators), then platform, community, and to the whole society lifestyle (culture). In contrast to Chinese culture, western culture is an outside-in cycle which starts from the community, then creators, platform, personal (fans) and finally personal life. This study contributes to advancing the understanding of the UDBMI in the Chinese context, and explains why Toutiao has been able to grow rapidly via value co-creation.

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