Keming Yang - Entrepreneurship in China
Publisher: Ashgate Pub Co | 2007-06-07 | ISBN: 0754646688 | PDF | 256 pages | 1.21 MB
The emergence of China as a major world economy is of great importanceto the global political economy and to international business. Therehas been a fair amount of research on the macro level of institutionalreform but little detailed work on the grassroots level ofentrepreneurship. This book addresses this gap by investigating how aneconomic system dominated by central plans, communist ideologies andsuppressing bureaucracies could generate such energy from the bottom ofsociety, fuelling the country's economic growth. The author's theory ofentrepreneurship is based on two interrelated concepts: doubleentrepreneurship and institutional holes. He argues that the twoconcepts bridge a gap between the neo-classical institutionalism ofeconomic development and entrepreneurship studies that emphasizeindividual choice. The rigorous theoretical framework is supported bysubstantial empirical research, offering statistical analyses of surveydata as well as detailed case studies. This innovative and timely bookwill appeal to an interdisciplinary readership in sociology, economics,business studies and Chinese and Asian Studies.