Policy Transfer: The Case of Founding the Growth Enterprise Board in China’s Security Market

Jian Zhang, Yanzhe Zhang and Ali Farazmand

International Journal of Public Administration, 2021, vol. 44, issue 13, 1165-1174

Abstract: This article explores the initiation process of China’s Growth Enterprise Board in the security market and focuses on the policy transfer activities developed by the Chinese based on the financial markets of the United States and United Kingdom. It presents a case study of China’s Growth Enterprise Board, which has served as a new system for financing high-tech and innovative enterprises and upgrading the performance of the security market in China. The study expands the policy transfer framework as a ‘short-cut’ approach and suggests that policy transfer is a rational tool for creating policy instruments in a developing country. Additionally, the article indicates that policy agencies, such as China’s security market, NASDAQ, and AIM, have become key sources for internationalizing China’s security market. Therefore, this article contributes to the literature on policy transfer, which has previously paid little attention to China’s security market in the past.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/01900692.2021.1941101 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:lpadxx:v:44:y:2021:i:13:p:1165-1174

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/lpad20

DOI: 10.1080/01900692.2021.1941101

Access Statistics for this article

International Journal of Public Administration is currently edited by Ali Farazmand

More articles in International Journal of Public Administration from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().