ABSTRACT

After more than 30 years of reformations in agriculture, manufacturing and trade and industry, China’s economy has grown to become the second largest in the world. This book examines the contributions of dynamic entrepreneurs to the economic development of mainland China and Hong Kong – an analysis that is largely lacking in existing studies China’s economic stronghold. This book adopts theories of entrepreneurship and market processes as major analytical frameworks to conclude that entrepreneurship is the true engine of growth in mainland China and Hong Kong.

Chinese Entrepreneurship focuses on the knowledge drivers and systemic challenges of these businesses to examine how entrepreneurs under uncertainty identify and pursue profit opportunities, and how their efforts have enhanced China’s economic dynamics.

This book offers vital insight to students, teachers and researchers of Chinese business and economics, along with Chinese culture and expanding economies.

part I|20 pages

The theoretical framework

part II|136 pages

Chinese entrepreneurship in theory and practice

chapter 2|16 pages

Entrepreneurship, capital structure, and enterprise reform

Zhang Ruimin and the Haier Group

chapter 3|11 pages

Turning trash paper into gold

Zhang Yin and her paper recycling business

chapter 4|11 pages

Entrepreneurial alertness and spontaneous learning in the market process

The case of Mama Moon in Guilin

chapter 5|14 pages

Global division of labor and international coordination

The Li & Fung Group

chapter 6|13 pages

A subjectivist approach to advertising

The success of Vitasoy

chapter 7|22 pages

Property rights and the failure of Chinese family business succession

The killing of Yung Kee's golden goose

chapter 8|14 pages

An Austrian theory of competition and entrepreneurship

The supermarket war in Hong Kong

chapter 9|16 pages

The co-evolution of culture and technology

The oyster sauce empire of Lee Kum Kee

chapter 10|17 pages

African entrepreneurs and international coordination in petty businesses

The case of low-end mobile phone sourcing in Hong Kong