Introduction

Douglas CUMMING, Michael FIRTH, Wenxuan HOU, Edward LEE

Research output: Book Chapters | Papers in Conference ProceedingsForeword / PostscriptResearch

Abstract

China’s economic reforms have been ongoing for more than 30 years and the fruits of this move toward a free market system are becoming increasingly apparent. Initially, the reforms concentrated on improving the efficiency of state owned enterprises (SOEs), and the SOEs were reorganized with corporate structures and mandates to be profit making. At the same time, markets developed and competition became keener. Later, reforms focused on developing new industries. It was soon apparent, however, that the corporatized SOEs were not well-suited to developing completely new technologies and new forms of doing business. China’s government therefore began encouraging individuals to start up new business ventures. The government decided to tap the innate entrepreurial spirit that lies within people, a spirit that had been long suppressed under the centralized state planning system in place since the 1950s.
Original languageEnglish
Title of host publicationDevelopments in Chinese entrepreneurship : key issues and challenges
EditorsDouglas CUMMING
Place of PublicationNew York
PublisherPalgrave Macmillan
Pagesxi-xv
Number of pages5
ISBN (Print)9781349681891
Publication statusPublished - 2015

Fingerprint

State-owned enterprises
China
Government
Economic reform
Mandate
Free market
Venture
Industry
New business
Planning
Start-up
Corporate structure
Fruit
Profit

Cite this

CUMMING, D., FIRTH, M., HOU, W., & LEE, E. (2015). Introduction. In D. CUMMING (Ed.), Developments in Chinese entrepreneurship : key issues and challenges (pp. xi-xv). New York: Palgrave Macmillan.
CUMMING, Douglas ; FIRTH, Michael ; HOU, Wenxuan ; LEE, Edward. / Introduction. Developments in Chinese entrepreneurship : key issues and challenges. editor / Douglas CUMMING. New York : Palgrave Macmillan, 2015. pp. xi-xv
@inbook{2409c86dab174087bbe4014da171773f,
title = "Introduction",
abstract = "China’s economic reforms have been ongoing for more than 30 years and the fruits of this move toward a free market system are becoming increasingly apparent. Initially, the reforms concentrated on improving the efficiency of state owned enterprises (SOEs), and the SOEs were reorganized with corporate structures and mandates to be profit making. At the same time, markets developed and competition became keener. Later, reforms focused on developing new industries. It was soon apparent, however, that the corporatized SOEs were not well-suited to developing completely new technologies and new forms of doing business. China’s government therefore began encouraging individuals to start up new business ventures. The government decided to tap the innate entrepreurial spirit that lies within people, a spirit that had been long suppressed under the centralized state planning system in place since the 1950s.",
author = "Douglas CUMMING and Michael FIRTH and Wenxuan HOU and Edward LEE",
year = "2015",
language = "English",
isbn = "9781349681891",
pages = "xi--xv",
editor = "Douglas CUMMING",
booktitle = "Developments in Chinese entrepreneurship : key issues and challenges",
publisher = "Palgrave Macmillan",

}

CUMMING, D, FIRTH, M, HOU, W & LEE, E 2015, Introduction. in D CUMMING (ed.), Developments in Chinese entrepreneurship : key issues and challenges. Palgrave Macmillan, New York, pp. xi-xv.

Introduction. / CUMMING, Douglas; FIRTH, Michael; HOU, Wenxuan; LEE, Edward.

Developments in Chinese entrepreneurship : key issues and challenges. ed. / Douglas CUMMING. New York : Palgrave Macmillan, 2015. p. xi-xv.

Research output: Book Chapters | Papers in Conference ProceedingsForeword / PostscriptResearch

TY - CHAP

T1 - Introduction

AU - CUMMING, Douglas

AU - FIRTH, Michael

AU - HOU, Wenxuan

AU - LEE, Edward

PY - 2015

Y1 - 2015

N2 - China’s economic reforms have been ongoing for more than 30 years and the fruits of this move toward a free market system are becoming increasingly apparent. Initially, the reforms concentrated on improving the efficiency of state owned enterprises (SOEs), and the SOEs were reorganized with corporate structures and mandates to be profit making. At the same time, markets developed and competition became keener. Later, reforms focused on developing new industries. It was soon apparent, however, that the corporatized SOEs were not well-suited to developing completely new technologies and new forms of doing business. China’s government therefore began encouraging individuals to start up new business ventures. The government decided to tap the innate entrepreurial spirit that lies within people, a spirit that had been long suppressed under the centralized state planning system in place since the 1950s.

AB - China’s economic reforms have been ongoing for more than 30 years and the fruits of this move toward a free market system are becoming increasingly apparent. Initially, the reforms concentrated on improving the efficiency of state owned enterprises (SOEs), and the SOEs were reorganized with corporate structures and mandates to be profit making. At the same time, markets developed and competition became keener. Later, reforms focused on developing new industries. It was soon apparent, however, that the corporatized SOEs were not well-suited to developing completely new technologies and new forms of doing business. China’s government therefore began encouraging individuals to start up new business ventures. The government decided to tap the innate entrepreurial spirit that lies within people, a spirit that had been long suppressed under the centralized state planning system in place since the 1950s.

UR - http://commons.ln.edu.hk/sw_master/6768

M3 - Foreword / Postscript

SN - 9781349681891

SP - xi-xv

BT - Developments in Chinese entrepreneurship : key issues and challenges

A2 - CUMMING, Douglas

PB - Palgrave Macmillan

CY - New York

ER -

CUMMING D, FIRTH M, HOU W, LEE E. Introduction. In CUMMING D, editor, Developments in Chinese entrepreneurship : key issues and challenges. New York: Palgrave Macmillan. 2015. p. xi-xv