Entrepreneurship in China

China has become the world's second-largest economy in just three decades, driven by entrepreneurship. The country has transitioned from necessity-based to opportunity-based entrepreneurship, with a high rate of entrepreneurship. However, institutions and the business environment are not always friendly to private entrepreneurs and businesses. The re-emergence of entrepreneurship in China suggests a history of struggle to overcome opposition and obstruction, including rule ambiguities, rent-seeking, subsidies, and institutional constraints. China has also experienced economic slowdown, increase in inequality, and worsening environmental problems, raising questions about the rapid development of entrepreneurship. This book aims to provide an insightful and updated understanding of entrepreneurship development in China.

Format: Paperback / softback
Length: 118 pages
Publication date: 25 September 2023
Publisher: Taylor & Francis Ltd

China has achieved remarkable growth in just three decades, propelling it to become the world's second-largest economy. Entrepreneurship has played a pivotal role in this rapid expansion, recognized as a key driver of China's fast-paced development. Since the mid-2000s, the country has undergone a significant transition from necessity-based entrepreneurship to opportunity-based entrepreneurship.
The China Surveys of Global Entrepreneurship Monitor, conducted over the past fifteen years, consistently showcase China's high rate of entrepreneurship. Furthermore, an increasing number of Chinese entrepreneurs are setting their sights on international business expansion. Despite this thriving entrepreneurial landscape, institutions and business environments in China are often perceived as less supportive of private entrepreneurs and businesses.
The re-emergence of entrepreneurship in China reflects a history of resilience and determination, navigating challenges such as rule ambiguities, rent-seeking behaviors, subsidies, and institutional constraints like industrial barriers, difficulties in accessing critical resources, and weak property rights. Additionally, China has faced economic slowdown, rising inequality, and worsening environmental problems since the turn of the century, raising concerns about the sustainability of its rapid entrepreneurial growth.
Entrepreneurship in China aims to address these perplexing questions and provide a comprehensive and up-to-date understanding of entrepreneurship development in the country. The chapters in this book were originally published as a special issue of the journal, Entrepreneurship & Regional Development.

Weight: 252g
Dimension: 173 x 247 x 12 (mm)
ISBN-13: 9781032012407