Cultivating Personnel to Run Businesses

Jianbo Zhou ()
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Jianbo Zhou: Peking University

Chapter Chapter 7 in Westernization Movement and Early Thought of Modernization in China, 2022, pp 117-141 from Palgrave Macmillan

Abstract: Abstract This chapter focuses on the thought of cultivating talented entrepreneurs. Economists, including Marshall and Schumpeter, highly recognized the importance of entrepreneurs and them as factors of production. The Westernizationists wanted to apply Western methods to realize self-improvement, in which the selection and training of entrepreneurs specialized in modern business management was very important. The British and French bourgeoisie were mainly private businessmen and the traditional aristocracy who invested in new industries. Besides those elites, modernization in China was carried out through external forces, and Chinese entrepreneurs tended to be compradors or overseas Chinese. This chapter will discuss how the government-run enterprises select the entrepreneurs or the management and how to cultivate them.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-030-86985-4_7

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DOI: 10.1007/978-3-030-86985-4_7

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