At the end of this chapter, readers will be able to:
• Describe different institutional contexts for entrepreneurship
• Discuss the role of culture and infrastructures in entrepreneurship practice
• Describe the differences in entrepreneurial practice between countries and between regions
• Discuss the evolution of entrepreneurship when the institutional environment continues to improve, with a focus on China
• Discuss changes to the characteristics of entrepreneurs over time in China
• Discuss the relationships between strategic choices and entrepreneurs’ expertise to create a new venture and survive
• Explain changes to financing of new ventures over time in China
• Explain policy issue related to technology business incubators (TBIs) and technological entrepreneurship practice