By Chikako Usui (eds.)
This ebook investigates entrepreneurial projects within the 3 greatest economies of the area: China, Japan and america. It brings jointly ancient, institutional, and ethnographic methods and highlights entrepreneurial styles that end result from cultural, felony, and political forces that facilitate and constrain entrepreneurship.
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Additional resources for Comparative Entrepreneurship Initiatives: Studies in China, Japan and the USA
It is not necessary to suppose that the introduction of company law spelled an end to patronage, but it nonetheless implied a fundamental change in ideology. The change had to do with the guarantee of property rights not by patronage but by law. The guarantee of property rights by patronage fitted well with the holding of property under religious corporations. As the ancestors or deities could not manage their own properties, by default, management fell to the stronger parties under which the principles of equity had been set up.
Taipei: Institute of Economics, Academia Sinica. ——. 2000. The Mackay Treaty of 1902 and its impact on Chinese business. Asia Pacific Business Review, 7(2): 81−92. ——. 2006. China and capitalism, business enterprise in modern China. Hong Kong: Hong Kong University Press. ——. 2007. Emperor and ancestor, state and lineage in south China. Stanford: Stanford University Press. Feuerwerker, A. 1958. China’s early industrialization, Sheng Hsuan-huai (1844−1916) and Mandarin Enterprise. Cambridge, MA: Harvard University Press.
Those institutions had arisen because on the one hand, the state did not grant business a free rein, and on the other hand, the state itself was incapable of organizing for business. The net result was a business structure that depended heavily on patronage and internal banking. The institutions that were developed along the Western commercial tradition placed a different emphasis on the way business might interact with the rest of society. In that tradition, business companies maintained their separate existence through recognition by the state as corporations that had been set up for business.