Business and Government

Jianjun Zhang () and Shu Lin ()
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Jianjun Zhang: Peking University
Shu Lin: University of Science and Technology of China

Chapter Chapter 3 in Understanding Chinese Firms from Multiple Perspectives, 2014, pp 51-79 from Springer

Abstract: Abstract To run an enterprise in China, what is the most important thing to learn? Political economics! What is political economics? It is business integrating with politics. Being entrepreneurial is not merely about selling product in a market, but also about acquiring favorable treatments from governmental authorities. This is knowledge! What if we only learn politics? No, that is out-of-date. A socialist market economic system has now taken shape in China. Only learn economics? Likewise no, it’s not the time yet. The Chinese government still plays a dominant role in domestic market. (Interview notes, Nov. 21, 2007)

Keywords: Real Estate; Government Official; Private Enterprise; Political Connection; Private Business (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-54417-0_3

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DOI: 10.1007/978-3-642-54417-0_3

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