How entrepreneurship breeds and kills itself: implications for present-day China

Abstract

This article explores how the phenomenon of entrepreneurship can reinforce itself but also tends to carry the seed of its own eventual demise. We review evidence from theory and empirical studies of these ‘breed’ and ‘kill’ tendencies at individual, inter-individual, firm, industry, regional and national levels of analysis. Policy implications are discussed, especially with regards to current and future entrepreneurial activity in China