Fostering Entrepreneurship in China: A Survey of the Economic Literature

Carlo Milana · Jinmin Wang

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Entrepreneurship Studies and Influences China's Socioeconomic Reforms and Governance Firm Innovation and Growth

Abstract

Abstract The economic literature can help us find how to foster entrepreneurship in China in order to ensure a sustainable economic growth. Someone asked Confucius ‘Why do you not take part in government?’ The Master replied: ‘The Book of History says, Oh! Simply by being a good son and friendly to his brothers, a man can exert an influence upon government.” In so doing a man is, in fact, taking part in government.’ (Confucius, The Anaclets, II.21. Translated by D.C. Lau, 1979) Zeal without knowledge is the sister of folly. (John Davies of Hereford, The Scourge of Folly, 1611)

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References

1993Finance and Growth: Schumpeter Might Be Right 1996Financial Dependence and Growth 1985The economic institutions of capitalism firms, markets, relational contracting 2009Misallocation and Manufacturing TFP in China and India *2007Misallocation and Manufacturing TFP in China and India 2000Does Entrepreneurship Pay? An Empirical Analysis of the Returns to Self‐Employment 2011Growing Like China 1990Latin American adjustment: how much has happened?

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2012Family Ties and Organizational Design: Evidence from Chinese Private Firms 2016Explaining US–China economic imbalances: a social perspective 2019Confucian Entrepreneurship: Towards a Genealogy of a Conceptual Tool

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