1. Entrepreneurship and Political Guanxi Networks in China's Private Sector
- Author:
- Christopher A. McNally, Hong Guo, and Guangwei Hu
- Publication Date:
- 08-2007
- Content Type:
- Working Paper
- Institution:
- East-West Center
- Abstract:
- Since the mid-1990s the Chinese government has rapidly liberalized the environment facing domestic private firms. As a consequence, many private firms have clarified their ownership relations and acquired stronger organizational boundaries. However, despite this formalization of private sector institutions, informal guanxi networks remain a key component in firm success. Most significant among these guanxi networks are political networks that connect private entrepreneurs with actors in China's political sphere.
- Topic:
- Economics, International Trade and Finance, and Markets
- Political Geography:
- China and Israel