Entrepreneurship in China

By Keming Yang

The emergence of China as a major world economy is of great importance to the global political economy and to international business. There has been much research on the macro level of institutional reform but little detailed work on the grassroots level of entrepreneurship in China. This innovative book addresses this gap by investigating how an economic system dominated by central plans, communist ideologies and suppressing bureaucracies could generate such energy from the bottom of society, fuelling the country's economic growth. Keming Yang's theory of entrepreneurship is based on two interrelated concepts: double entrepreneurship and institutional holes. He argues that the two concepts bridge a gap between the neo-classical institutionalism of economic development and entrepreneurship studies that emphasize individual choice. The rigorous theoretical framework is supported by substantial empirical research, offering statistical analyses of survey data as well as detailed case studies. This timely book will appeal to an interdisciplinary readership in sociology, economics, business studies and Chinese and Asian Studies.

• Format: Paperback
• Language: English
• ISBN: 036760373X
• ISBN13: 9780367603731
• Release Date: June 2020
• Publisher: Routledge
• Length: 260 Pages
• Weight: 0.92 lbs.
• Dimensions: 0.7" x 6.1" x 9.1"

Customer Reviews

China entrepreneurs

I found the book very insightful and interesting. It gives concrete examples on how entrepreneurship develops in China. Moreover, I found the theoretical background very appropriate. All together, this is a book that should be read by all people interested in the subject of entrepreneurship in that country

entrepreneurs coping

Yang provides an understanding of what entrepreneurs face in China. A vital topic if China's economy is to continue to grow strongly. He explains how people cope with the business and political situation. The Chinese Communist Party often rules by policy and not by law. Policies are usually more flexible and consistent with some overall political system than a rigid codification of law. Another key advantage is that policies can be easier for ordinary folk to understand; rather than some legalese. The book also has several case studies of Chinese entrepreneurs. Well, some successful ones, at least. He doesn't really talk much about those who have failed. But this is scarcely any different than all those breezy business books about starting up in the US. Few of those ever chronicle the many American failures. Capitalism does have a downside, in the human toll of these failures, in any country where it is practised.