Emerging business ventures under market socialism: entrepreneurship in China

Abstract

There are few empirical case studies of management practices in China. The rapidly changing Chinese market economy requires a more informed understanding of management practices and business landscape in which they operate based upon the empirical study of business practices This book adopts a holistic perspective to assess the impact of state-sponsored market socialism upon evolving economic enterprises and their ownership forms. Its emphasis is upon the outcomes of market socialist policies in shaping contrasting management patterns and behaviours longitudinally in China between 2005-2012. The book provides a comparative perspective on organizational development and management systems by focusing on three key emerging issues associated with the development of economic enterprise and market socialism in China: the emergence of different types of business venture; their contrasting management processes and patterns; and the shaping and the impact upon these of the political and institutional environment. Based on longitudinal empirical research on selected case studies between 2005 and 2012, the book explores the distinctive characteristics of emerging forms of economic enterprise under market socialism in China and identifies how rapid environmental and institutional changes in economic reforms are impacting upon their practice; particularly the role of Communist Party policies in shaping their ownership and management processes. General patterns in the development of business ventures are identified to outline the dynamics of industrial and organizational change under this dynamic transitional phase in Chinese market socialism

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