Overview

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 contributors 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.

Full Product Details

Author:   Barbara Krug ,  Hans Hendrischke
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Edition:   illustrated edition
ISBN:  

9781845427504

ISBN 10:   1845427505
Pages:   264
Publication Date:   26 June 2007
Audience:   College/higher education ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
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Table of Contents

Contents: Preface 1. Going Public Without the Public: Between Political Governance and Corporate Governance Sonja Opper 2. Institutional Change, Diversity and Competition: Foreign Banks in Shanghai, 1847-2004 Jeroen Kuilman 3. Foreign Firms in China: Success by Strategic Choices Xueyuan Zhang and Patrick Reinmoeller 4. The New Great Leap: The Rise of China's ICT Industry Mark Joannes Greeven 5. Enterprise Ground Zero in China Barbara Krug 6. China's Emerging Tax Regime: Local Tax Farming and Central Tax Bureaucracy Ze Zhu and Barbara Krug 7. Narratives of Change: Culture and Local Economic Development David S.G. Goodman 8. Networks as Business Networks Hans Hendrischke 9. Whom are we Dealing With? Shifting Organisational Forms in China's Business Sector Barbara Krug and Jeroen Kuilman Index

Reviews

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

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

Author Information

Edited by Barbara Krug, Professor of Economics of Governance, Rotterdam School of Management (RSM), Erasmus University Rotterdam, the Netherlands and Guest Professor, Goethe University Frankfurt am Main, Germany and Hans Hendrischke, University of Sydney, Australia

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