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• W2228519995 abstract "The organizational environment in China has been on a rapidly changing track during the past three decades, which has created high environmental uncertainty in China. The relationship between environmental uncertainty and strategic orientations, as well as its implication for performance, has been a relatively neglected field of strategic management studies on Chinese companies. This thesis addresses this gap by employing the environment-strategy-performance paradigm and testing hypotheses with an empirical analysis of China's pharmaceutical companies during the period from 1996 to 2005. China was accepted into the World Trade Organization (WTO) in 2001, hence the time period is divided into two five-year periods, labeled as the pre-WTO period and the post-WTO period. This temporal setting generates a basis for comparative analyses in this research. The environment-strategy-performance paradigm was adopted as the main typology for this study to enable the objectives of this research to be fulfilled. A double-layer perspective (environmental dimensions and environmental segments) was used to analyse environmental uncertainty. Each environmental dimension (dynamism, hostility, and complexity) was first measured in eight segments (competition, customer, supplier, technological, regulatory, economic, social-cultural, and international), and then environmental uncertainty was measured by the three dimensions. Strategic orientations were conceptualized as six dimensions (futurity, proactiveness, analysis, defensiveness, riskiness and aggressiveness) (Venkatraman 1989a). Organizational performance measures were adopted from the work of Vajanapoom (2005), and the relevance of Venkatraman and Ramanujam's (1986) three dimensional approach was acknowledged. A survey instrument was the main method of data collection, and interviews were also conducted to supplement the data. In total 173 companies participated in the survey and 141 companies were retained in the final database. Several face-to-face and telephone interviews were held with three interviewees in order to verify findings generated from analyses and also to gain more insights into the Chinese pharmaceutical industry. Structural equation modelling techniques and MANOVA were used to test the hypotheses developed for this study. Empirical findings show that, in the pre-WTO period, all environmental segments impacted managers' perceived environmental uncertainty to various degrees, while in the post-WTO period, the managers' perception focused more on the macro and symbolic factors: economic, social-cultural and international. In addition, top management were found to perceive a more hostile, dynamic and complex organizational environment in the post-WTO period. Results derived from open-ended questions show that 47 per cent of respondents believed that the environment was more uncertain in the post-WTO period. Among them, 81 per cent perceived higher environmental complexity in the post-WTO period than in the pre-WTO period. This research demonstrates that top…" @default.
• W2228519995 created "2016-06-24" @default.
• W2228519995 creator A5039613768 @default.
• W2228519995 date "2009-01-01" @default.
• W2228519995 modified "2023-09-23" @default.
• W2228519995 title "Environment-strategy relationship and its application to performance: a study of China's pharmaceutical companies in transition" @default.
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