Enterprise Ground Zero in China
2006-06-30
Research Paper
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Published by
Rotterdam School of Management (RSM) Erasmus University, Erasmus Research Institute of Management (ERIM)
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The paper claims that the analysis of the private business sector needs to concentrate on entrepreneurship. Based on fieldwork the paper proceeds by describing how Chinese entrepreneurs perceive the (economic) problems whose solutions pre-determine the economic performance of new firms. Entrepreneurship takes the form of institution building by which the high transaction costs can be mitigated and the value of assets and contracts be protected. The empirical research identified corporate governance, incentive contracts, local autonomy and networking as the crucial “hybrids” for mobilising investment and limiting moral hazard.
Keywords
Classifications using
Journal of Economic Literature (JEL) Classification System
- O32 : Management of Technological Innovation and R&D
- Z13 : Social Norms and Social Capital; Social Networks
- O57 : Comparative Studies of Countries
- P3 : Socialist Institutions and Their Transitions
- M : Business Administration and Business Economics; Marketing; Accounting
- P48 : Political Economy; Legal Institutions; Property Rights
- M13 : New Firms; Startups
Automatically Extracted Terms
- business
- network
- china
- entrepreneur
- market
- government agencies
- government
- chinese
- institution
- entrepreneurship
- contract
- sector
- enterprise
- capital
- change
- state
- relation
- economy
- chinese entrepreneurs
- business sector
