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  • Business History Manuscript FINAL (3)

    Rights statement: This is an Accepted Manuscript of an article published by Taylor & Francis in Business History on 21/01/2016, available online: http://www.tandfonline.com/doi/abs/10.1080/00076791.2015.1122702

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    Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License

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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?

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published
<mark>Journal publication date</mark>2016
<mark>Journal</mark>Business History
Issue number3
Volume58
Number of pages26
Pages (from-to)319-344
Publication StatusPublished
Early online date21/01/16
<mark>Original language</mark>English

Abstract

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.

Bibliographic note

This is an Accepted Manuscript of an article published by Taylor & Francis in Business History on 21/01/2016, available online: http://www.tandfonline.com/doi/abs/10.1080/00076791.2015.1122702