The Chinese Economy in the 21st Century: Enterprise and Business Behaviour - Softcover

Softcover

ISBN 10: 1848444583 ISBN 13: 9781848444584

Publisher: Edward Elgar Publishing Ltd, 2009

Synopsis

Unusual book

About this title

Review:

'A creative and wide-ranging collection on enterprise and businessbehavior in today's China. Using sociological and historical as well as economic analysis, the individual chapters provide insights intodifferent aspects of China's transitional economy as it continues toundergo dynamic change. Recommended for academics and practitionersinterested in the forms and dynamics of Chinese business behavior. --Frederick C. Teiwes, The University of Sydney, Australia

Synopsis:

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 editors 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.

About this edition

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2009
• ISBN 10: 1848444583
• ISBN 13: 9781848444584
• Binding: Paperback
• Number of pages: 264
• Editor: Krug Barbara, Hendrischke Hans