Entrepreneurship in Transition: Searching for Governance in China's New Private Sector

Tags:
Entrepreneurial,
Entrepreneurship,
Erasmus University Rotterdam,
Governance,
Management
Source:
Erasmus University Rotterdam

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Overview: Entrepreneurial activities in transition economies go beyond (technical) entrepreneurship. In an environment of institutional and procedural uncertainty entrepreneurs need to select business partners, choose a mode of governance that stabilizes long term business relations, and settle for such property rights regime that best matches the entrepreneurial endeavor. This paper shows how entrepreneurs combine their predisposition for social relations with economic reasoning when they embed firms in one location, in mixed forms of relational and contractual governance, and specific ownership structures.

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Format: PDF | Size: 406KB | Date: Dec 2003 | Pages: 46

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