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The emergence of the private entrepreneur in reform era China: re-birth of an earlier tradition, or a more recent product of development and change?

Atherton, Andrew and Newman, Alex 2016, The emergence of the private entrepreneur in reform era China: re-birth of an earlier tradition, or a more recent product of development and change?, Business history, vol. 58, no. 3, Special issue: history and evolution of entrepreneurship and finance in China, pp. 319-344, doi: 10.1080/00076791.2015.1122702.

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Title The emergence of the private entrepreneur in reform era China: re-birth of an earlier tradition, or a more recent product of development and change?
Author(s) Atherton, Andrew
Newman, Alex
Journal name Business history
Volume number 58
Issue number 3
Season Special issue: history and evolution of entrepreneurship and finance in China
Start page 319
End page 344
Total pages 26
Publisher Taylor & Francis
Place of publication London, Eng.
Publication date 2016
ISSN 0007-6791
1743-7938
Keyword(s) China
entrepreneurship
institutional adaptation
private sector
rule ambiguities
Summary A private sector that now dominates economic activity has emerged in China since 1978, even though many of the essential institutions for market competition have been lacking or are under-developed. We find that there is no evidence that this upsurge of entrepreneurship is a re-birth of an earlier tradition. Instead, the dynamics of entrepreneurial emergence can be attributed to reforms and institutional changes that have occurred since 1949, both before and after the introduction of economic reforms in late 1978. We find that these institutional changes have been evolutionary, adapting to, as well as shaping, emerging forms of economic activity, including entrepreneurship. Our conclusion is that these dynamics of adaptation and evolution produce ‘rule ambiguities’ within the institutional framework that create opportunities for entrepreneurs as well as making these opportunities vulnerable to further institutional change.
Language eng
DOI 10.1080/00076791.2015.1122702
Field of Research 150304 Entrepreneurship
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category C1.1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Copyright notice ©2016, Taylor & Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30081193

Document type: Journal Article
Collection: Department of Management
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