ABSTRACT

This chapter examines family business briefly as a part of the whole entrepreneurial process in China. In Constitution, the Chinese Communist Party (CCP) declares itself as the pioneering team of the proletariat, of which private entrepreneurs are obviously not a part. Researchers responsible for the design of Survey of Private Business Owners (SPBO) obviously had a plan of collecting information on as many important aspects of private businesses in China. Scott Shane has offered perhaps the first conceptual framework for studying the entrepreneurial process as a whole. The framework aims to explain the emergence and performance of entrepreneurship by examining the interaction between individual entrepreneurs and opportunities. Opportunities come from a variety of sources: technological innovations, change of demographic compositions, social and regulatory changes. The unemployed were pretty much pushed to become entrepreneurs as there were no other options.