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The Chinese Economy in the 21st Century - Enterprise and Business Behaviour (Paperback)
Loot Price: R1,518
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The Chinese Economy in the 21st Century - Enterprise and Business Behaviour (Paperback)
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China's long-term economic success is driven by new firms, new
sectors and new business practices. This book explores the
establishment of new private firms and listed companies, the
development of knowledge industries, in particular the IT and
banking sectors and the co-evolution of public governance and
business institutions. The contributors discuss the role of local
institutions in coordinating business activities and unleashing
entrepreneurship, arguing that the sudden growth of new firms and
industries is facilitated by changes in business behaviour and
institutions. Initial private exchange and investment in an
environment of ill-functioning markets are shown to depend on local
networks and local business culture which, in turn, rely on local
tax regimes setting incentives for inherited bureaucracies to
engage in economic transformation. Finally, the book establishes
local institutions and local governance as crucial dimensions of
China's emerging business system. Contributing to the theory of
endogenous institutional change, The Chinese Economy in the 21st
Century will be of great appeal to academics and students
interested in management, comparative business systems, transition
economics, evolutionary economics, Chinese studies and Asian
studies.
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