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ENTREPRENEURIAL ANOMALIES WITHIN CHINA’S STATE ENTERPRISES

Richard A Maschmeyer, Minnie Yi-Miin Yen and Ji-Liang Yang
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Richard A Maschmeyer: School of Business University of Alaska Anchorage, USA
Minnie Yi-Miin Yen: School of Business University of Alaska Anchorage, USA
Ji-Liang Yang: Institute of National Economy Shanghai Academy of Social Sciences, China

Journal of Enterprising Culture (JEC), 1993, vol. 01, issue 01, 21-38

Abstract: Since 1979, market oriented reforms have resulted in several initiatives that promote entrepreneurial activities within state enterprises of the Peoples’ Republic of China. This paper discusses the entrepreneurial characteristics implied within the State Enterprise Law, the Bankruptcy Law and the Contract Responsibility System (CRS). In spite of these well intentioned reform initiatives, state enterprises are currently facing serious financial difficulties. The effectiveness of these entrepreneurial type initiatives in the presence of the enterprises’ deteriorating economic performance is discussed.

Date: 1993
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DOI: 10.1142/S0218495893000026

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