Abstract
The development of entrepreneurship and a private business sector
in China pose various challenges to analysis. On the one hand, neo-classically
based New Institutional Economics aims to find evidence that long-term
investment and long-term commitment in and around firms can not be
expected without deeply entrenched and state guaranteed private property
rights. On the other hand, empirical studies within the China field
concentrate on the political processes, in particular the interaction
between the central state and local governments, at the danger of
neglecting market forces, economic interests, and economic problems
at stake. The empirical study on which the following is based took
a different path by using a set of framing assumptions.
Users
Please
log in to take part in the discussion (add own reviews or comments).