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Entrepreneurship in China (Hardcover)
Loot Price: R3,873
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Entrepreneurship in China (Hardcover)
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China has grown to become the world's second largest economy in
merely three decades and entrepreneurship has been identified as a
key driver of China's fast growth. Since the mid-2000s, the country
has transitioned from a predominance of necessity-based
entrepreneurship to that of an opportunity-based entrepreneurship.
The China Surveys of Global Entrepreneurship Monitor in the last
fifteen years consistently indicate the country's high rate of
entrepreneurship. Furthermore, more Chinese entrepreneurs have
started setting their sights on business internationalisation.
Against this backdrop of a thriving entrepreneurial economy,
institutions and business environment are, however, not often
viewed as "friendly" to private entrepreneurs and businesses. The
"re-emergence" of entrepreneurship suggests a history of struggle
to overcome opposition and obstruction, to survive and grow,
including "rule ambiguities", rent-seeking, subsidies, and
institutional constraints, such as industrial barriers,
difficulties in getting access to critical resources, and weak
property rights. China has also been experiencing economic
slowdown, increase in inequality and worsening environmental
problems since the turn of the century, clearly indicating that the
rapid development of entrepreneurship in China presents a lot of
puzzling questions. Entrepreneurship in China attempts to deal with
these unanswered queries as well as provide an insightful and
updated understanding of entrepreneurship development in China. The
chapters in this book were originally published as a special issue
of the journal, Entrepreneurship & Regional Development.
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