Ownership in China's transitional economy: the limitations of conventional property rights theory
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Lewiston, NY [u.a.]
Mellen
2007
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Item Description: | Includes bibliographical references and index |
| Physical Description: | X, 331 S. |
| ISBN: | 0773452656 9780773452657 |
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| 100 | 1 | |a Chen, Yang |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Ownership in China's transitional economy |b the limitations of conventional property rights theory |c Yang Chen. With a foreword by Richard Sanders |
| 264 | 1 | |a Lewiston, NY [u.a.] |b Mellen |c 2007 | |
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| 500 | |a Includes bibliographical references and index | ||
| 648 | 7 | |a Geschichte 1980-2000 |2 gnd |9 rswk-swf | |
| 650 | 4 | |a Government ownership - China | |
| 650 | 4 | |a Privatization - China | |
| 650 | 4 | |a Right of property - China | |
| 650 | 4 | |a Government ownership |z China | |
| 650 | 4 | |a Right of property |z China | |
| 650 | 4 | |a Privatization |z China | |
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Record in the Search Index
| _version_ | 1804137335997071360 |
|---|---|
| adam_text | OWNERSHIP IN CHINA S TRANSITIONAL ECONOMY THE LIMITATIONS OF
CONVENTIONAL PROPERTY RIGHTS THEORY YANG CHEN WITH A FOREWORD BY RICHARD
SANDERS THE EDWIN MELLEN PRESS LEWISTON # QUEENSTON # LAMPETER TABLE OF
CONTENTS LIST OF FIGURES I LIST OF TABLES III FOREWORD (DR RICHARD
SANDERS) V ACKNOWLEDGEMENTS IX ABBREVIATIONS XI INTRODUCTION 1 THE
CONTEXT OF THE PROBLEMS: CHINA S UNIQUE EXPERIENCE? 1 THE OBJECTIVES OF
THIS BOOK 5 RELEVANCE OF THIS RESEARCH IN RELATION TO THE CURRENT DEBATE
ON FURTHER REFORM 1 0 CHAPTER 1 THE CHANGING NATURE OF OWNERSHIP AND
PROPERTY RIGHTS IN THE CONTEXT OF CHINA IN TRANSITION 15 THE CHANGING
NATURE OF ENTERPRISE IN THE MAO ERA 16 DOMINANT STATE OWNERSHIP 16
DANWEILISED ENTERPRISES UNDER THE PARTY/STATE MAOIST REGIME 17
DIVERSIFICATION OF OWNERSHIP OF ENTERPRISES IN POST-MAO CHINA 18 THE
LIFTING OF IDEOLOGICAL CONSTRAINTS AND THE DILUTION OF STATE OWNERSHIP
18 A. THE LIFTING OF IDEOLOGICAL CONSTRAINTS 18 B. DIVERSIFICATION OF
STATE OWNERSHIP 22 THE HIDDEN PRIVATISATION OFSOES: THE KEY LINK BETWEEN
IDEOLOGICAL CONSTRAINTS AND ENTERPRISE REFORM 24 EVOLUTION OF NEW AGENCY
PROBLEMS ASSOCIATED WITH GRADUAL ENTERPRISE REFORM OF THE STATE SECTOR
IN THE 1980S 30 THE PROBLEM OF INCENTIVES 30 PREDATORY BEHAVIOUR 34
DIVERSIFICATION OF OWNERSHIP AND THE QUESTION OF CORPORATE GOVERNANCE 37
CLEARLY DEFINED PROPERTY RIGHTS AND THE QUESTION OF CORPORATE GOVERNANCE
38 THE EMBEDDED CONFLICTS OF ADOPTING CORPORATE GOVERNANCE IN A
TRANSITIONAL ECONOMY 40 TRANSITIONAL ENTERPRISE SYSTEM WITH CHINESE
CHARACTERISTICS 43 COOPERATIVE SHAREHOLDING * AN INSTITUTIONAL
INNOVATION 43 THE PRACTICAL OUTCOMES OF THE CO-OPERATIVE SHAREHOLDING
SYSTEM 47 SHAREHOLDING RESTRUCTURING AND MODERN ENTERPRISE SYSTEM -
ANOTHER CHINESE CHARACTERISTIC OF OWNERSHIP REFORM 54 THE FAILURE OF THE
TRANSFORMATION OF LARGE SOES INTO PUBLICLY LISTED COMPANIES 54
CONCLUSION: PRIVATISATION PAST THE POINT OF NO RETURN 60 CHAPTER 2 ON
CONVENTIONAL PROPERTY RIGHTS THEORY 65 CONVENTIONAL PROPERTY RIGHTS
THEORY 66 THE COASE THEOREM 66 THE CIRCULARITY PROBLEM AND OTHER
CRITIQUES 6 9 APPLICATIONS OF THE COASE THEOREM IN RESEARCH ON CHINA S
TRANSITIONAL ECONOMY 71 CONVENTIONAL PROPERTY RIGHTS THEORY AND
EMPIRICAL EVIDENCE 72 A CASE IN POINT: CHINA S TOWNSHIP AND VILLAGE
ENTERPRISES (TVES) 74 RECONCILIATION MODELS 75 A REVIEW OF PRIVATISATION
IN TRANSITIONAL ECONOMIES 78 EMPIRICAL EVIDENCE OF PRIVATISATION IN
TRANSITIONAL ECONOMIES OTHER THAN CHINA 79 CONCLUSION 83 CHAPTER 3 FROM
MARXISM-LENINISM TO NEO-CLASSICAL DOCTRINE: THE DOMINANT NEO-CLASSICAL
PRESENCE 87 THE METHODOLOGY ADOPTED IN RESEARCH ON THE CHINESE
TRANSITIONAL ECONOMY 87 ACADEMIC OPPORTUNISM 87 FROM MARXISM-LENINISM TO
NEO-CLASSICAL DOCTRINE 89 THE DOMINANT NEO-CLASSICAL PRESENCE 9 1 THE
ADOPTION OF AN INSTITUTIONAL APPROACH 92 THE NEED TO BALANCE ANALYTICAL
VIGOUR WITH CONTEXTUAL CIRCUMSTANCES 92 ADOPTION OFNON-TELEOLOGICAL
OPENNESS 93 AN INSTITUTIONAL APPROACH TO PROPERTY RIGHTS 97 THE PROPERTY
S RIGHTS SCHOOL : THE BASIC AND MOST WIDELY ACCEPTED NOTION OF
INSTITUTIONAL CHANGE 9 7 VARIANTS OF THE PROPERTY RIGHTS APPROACH TO
INSTITUTIONAL CHANGE 98 A. INDUCED INSTITUTIONAL INNOVATION 98 B. A
MISMATCH THEORY OF INSTITUTIONAL CHANGE 99 DOUGLASS NORTH S APPROACH 100
A. NORTH S MODEL OF INSTITUTIONAL CHANGE 100 B. APPROACHES ADOPTED 102
CASE STUDY METHODS 103 BUILDING EXPLANATION: ANALYTIC GENERALISATION 103
PROBLEMS OF DOING FIELDWORK IN CHINA 104 CHAPTER 4 THE EVOLUTION OF
HIGH-TECH INDUSTRY IN THE CONTEXT OF CHINA IN TRANSITION 107 THE
DEVELOPMENT OF THE HIGH-TECH SECTOR 108 THE EVOLUTION OF CHINA S
HIGH-TECH SECTOR 112 INSTITUTIONAL EVOLUTION 112 A. THE THEORY OF
RECONSTITUTIVE DOWNWARD CAUSATION 112 B. DOWNWARD RECONSTRUCTIVE
ENTREPRENEURSHIP FROM THE COLLECTIVE LEGACY 114 C. GOVERNMENT S ROLE IN
THE DEVELOPMENT OF SCIENCE AND TECHNOLOGY 116 THE NATIONAL
HIGH-TECHNOLOGY RESEARCH AND DEVELOPMENT PROGRAM OF CHINA - THE 863
PROGRAM 119 A. POLICYMAKING AND MANAGEMENT OF THE 863 PROGRAM 119 B.
SUCCESS OF THE 863 PROGRAM 121 THE TORCH PROGRAM AND THE INTRODUCTION OF
HIGH-TECH DEVELOPMENT ZONES (HTDZS) 123 A. CHARACTERISTICS OF THE TORCH
PROGRAM 124 B. THE SEMI-AUTHORITY, SEMI-ENTREPRENEURIAL INSTITUTIONS -
HTDZS 126 THE EVOLUTION OF THE GOVERNMENT-INDUSTRY-UNIVERSITY
PARTNERSHIP IN CHINA 128 DIVERSIFIED OWNERSHIP STRUCTURE OF HIGH-TECH
ENTERPRISES 128 CHARACTERISTICS OF UNIVERSITY SPIN-OFFS 132 CHAPTER 5
PROPERTY RIGHTS ARRANGEMENTS OF HIGH-TECH SPIN-OFFS AT THE START-UP
STAGE (1980-92) 135 THE FORMATION OF PROPERTY RIGHTS AND THE OWNERSHIP
OF NEW HIGH-TECH SPIN-OFFS AT THE START-UP STAGE 137 FORMS OF
SPINNING-OFF IN CHINA 137 TWO-TYPE FORMAT 139 HYPOTHESIS 141 THE
PROBLEMS OF TYPE I SPINNING-OFF 141 THE PROBLEM OF TYPE II SPINNING-OFF
144 SPINNING-OFF: THE CASE OF BEIJING HIGH-TECH TEST ZONE 146 TWO STAGES
OF SPINNING-OFF-FROM COMMERCIALISATION TO INDUSTRIALISATION: MID 1980S
-1992 149 A. THE CASE OF SECONDARY R & D IN COMPUTING SCIENCE NTES IN
THE BEIJING ZONE 154 ORGANISATIONAL FEATURES AND THE DEVELOPMENT OF
OWNERSHIP OF HIGH-TECH SPIN-OFF IN THE BEIJING TEST ZONE - A PROCESS OF
EMBEDDED ARBITRAGE 156 A. THE FRAMEWORK OF ANALYSIS OF EMBEDDED
ARBITRAGE 156 B. THE ANALYSIS OF STATE-OWNED NTES 162 I) THE CASE OF THE
TAICHI COMPUTING CO.: ONE INSTITUTION, TWO MECHANISMS 163 II) THE CASE
OF THE NEW SPECIAL VACUUM TECHNOLOGY DEVELOPMENT CO. 167 C. THE ANALYSIS
OF COLLECTIVELY OWNED NTES 168 III) THE CASE OF HUAHAI CO.: COMBINING
THE STRENGTH OF RESOURCES 169 IV) THE CASE OF ZHONGHUAN BIDDING
TECHNOLOGY CO. 170 V) THE CASE OF HAIDIAN DISTRICT 171 THE BOTTLENECK
EFFECT ASSOCIATED WITH THE QUESTION OF PRODUCTIVE FACTORS AND RESOURCE
ALLOCATION 174 INTERPRETATION 176 A SUMMARY OF THE IDENTIFIED PHENOMENA
176 INTERPRETATION: INSTITUTIONAL ARBITRAGE OF AT FACTO CONTROL 179
CHAPTER 6 HIGH-TECH SPIN-OFFS OF LEADING UNIVERSITIES AT THE START-UP
STAGE (1980-92) 181 THE KEY HIGH-TECH SPIN-OFFS OF LEADING UNIVERSITIES
181 THE DEVELOPMENT OF SCIENCE AND TECHNOLOGY DEVELOPMENT COMPANIES
(KEJI KAIFA GONGSI) IN LEADING UNIVERSITIES 182 A. SCIENCE AND
TECHNOLOGY DEVELOPMENT COMPANIES AT THE START-UP STAGE 183 PROPERTY
RIGHTS ARRANGEMENTS OF KEY SPIN-OFFS 186 HUAZHONG UNIVERSITY OF SCIENCE
AND TECHNOLOGY - A UNIVERSITY DEVELOPED OUT OF THE PLAN: A HISTORICAL
REVIEW 187 A STATE NURTURED UNIVERSITY 18 7 HISTORICAL BACKGROUND: THE
NEW MECHANISM 189 JUMPING INTO THE SEA OF BUSINESS 19 5 POLICY MATTERS
198 THE PROPERTY RIGHTS ARRANGEMENT OF THE DEPARTMENT BUSINESS (XIJI
JINGJI) AND THE EARLY DEVELOPMENT OF SPIN-OFFS AT HUST 200 LASER
TECHNOLOGY SPIN-OFFS OF HUST 203 THE LEGACY OF COLLECTIVE INTELLECTUAL
PROPERTY RIGHTS AND THE DEVELOPMENT OF LASER INDUSTRY IN THE REFORM ERA
203 A. THE REVIEW OF LASER TECHNOLOGY DEVELOPMENT IN CHINA 203 B. THE
DEVELOPMENT OF LASER INDUSTRY - TECHNOLOGY DIFFUSION WITH CHINESE
CHARACTERISTICS 206 LASER SPIN-OFFS OF HUST 210 A DIFFERENT PATH - THE
EXPERIENCE OF OTHER LASER HIGH-TECH COMPANIES 2 15 A. THE EXPERIENCE OF
CHUTIAN LASER 216 B. AMBIGUITY OF INTELLECTUAL PROPERTY RIGHTS - A
DOUBLE-EDGED ISSUE 218 INDIVIDUALISM GROWING OUT OF A COLLECTIVE LEGACY
221 CRITICISM OF THE CONVENTIONAL WISDOM 222 A. THE CONVENTIONAL PRIVATE
PROPERTY MYTH 222 B. DIVERSIFIED ENTREPRENEURSHIP THEORIES 223 PUBLIC
ENTREPRENEURSHIP FOR THE COLLECTIVE GOOD 225 A. THE LACK OF ABSOLUTE
PROPERTY RIGHTS AND OF AN INDIVIDUALISTIC CULTURE IN CHINA 225 B. PUBLIC
ENTREPRENEURSHIP - A STEPPING STONE 226 C. FUZZY PROPERTY RIGHTS *
ANOTHER STEPPING STONE 229 CHAPTER 7 TRANSITIONAL PROPERTY RIGHTS AND
OWNERSHIP OF HIGH-TECH SPIN-OFFS (1992 ONWARDS) 233 INSTITUTIONAL
CONSTRAINTS ON CHANGES IN OWNERSHIP AND CONTROL WITHIN PUBLICLY LISTED
COMPANIES 233 THE STOCK MECHANISM: BELEAGUERED POLICY CHOICE 233
INSTITUTIONAL ANALYSIS 238 A. INSTITUTIONAL ARRANGEMENTS OF THE CHINESE
STOCK MARKET 238 I) RESTRUCTURING OF SEMI-OFFICIAL INSTITUTIONS INTO
PLCS - THE TRANSFORMATION OF A HIGH-TECH MANAGEMENT COMMITTEE: THE CASE
OF EAST LAKE HIGH-TECH PLC 241 II) CEDING OWNERSHIP FOR BUSINESS GROWTH:
TRADING OF OWNERSHIP AND CONTROL RIGHTS BETWEEN EAST LAKE HIGH-TECH AND
PRIVATE ENTERPRISES 242 B. INSTITUTIONAL DILEMMA - FAILED ATTEMPTS AT
CLARIFYING PROPERTY RIGHTS THROUGH SHAREHOLDING RESTRUCTURING IN THE
STOCK MARKET 247 III) STRENGTHENED OR WEAKENED? RIGHTS OF CONTROL WITH
HUAGONG HIGH-TECH PLC 251 CASE STUDY OF HIGH-TECH SHAREHOLDING
CORPORATIONS 256 THE BACKGROUND OF UNIVERSITY HIGH-TECH PUBLICLY LISTED
COMPANIES 256 AGREEMENTS BETWEEN HUAGONG HIGH-TECH AND HUST 259 KEY
FINDINGS 263 QUESTION OF CORPORATE GOVERNANCE WITHIN PLCS 269 THE
ABSENCE OF THE ULTIMATE PRINCIPLE AND THE FORMATION OF NETWORKING
EXECUTIVES 269 LEADERSHIP AND MANAGEMENT ISSUES WITHIN UNIVERSITY
HIGH-TECH PLCS 276 CORPORATE GOVERNANCE STRUCTURE WITHIN HUAGONG
HIGH-TECH 27 7 OWNERSHIP STRUCTURE OF SAMPLE UNIVERSITY PLCS - A NEW
PARADIGM? 280 CHAPTER 8 CONCLUSION 285 THE PATH-DEPENDENCE FEATURES AND
CONSEQUENCES ASSOCIATED WITH HIGH-TECH SPIN-OFFS 285 THE STRONG PRESENCE
OF THE STATE 285 FUZZY PROPERTY RIGHTS - A STEPPING STONE 287 PUBLIC
ENTREPRENEURSHIP - ANOTHER STEPPING STONE 289 CONSEQUENCE OF PATH
DEPENDENCE - THE POTENTIAL COSTS OF FURTHER CHANGE 290 CHALLENGE TO THE
NEO-CLASSICAL PROPERTY RIGHTS PERSPECTIVE 291 IMPLICATIONS FOR THE
DEVELOPMENT OF RESEARCH ON PROPERTY RIGHTS IN CHINA 294 BIBLIOGRAPHY 299
INDEX 321
|
| adam_txt |
OWNERSHIP IN CHINA'S TRANSITIONAL ECONOMY THE LIMITATIONS OF
CONVENTIONAL PROPERTY RIGHTS THEORY YANG CHEN WITH A FOREWORD BY RICHARD
SANDERS THE EDWIN MELLEN PRESS LEWISTON # QUEENSTON # LAMPETER TABLE OF
CONTENTS LIST OF FIGURES I LIST OF TABLES III FOREWORD (DR RICHARD
SANDERS) V ACKNOWLEDGEMENTS IX ABBREVIATIONS XI INTRODUCTION 1 THE
CONTEXT OF THE PROBLEMS: CHINA'S UNIQUE EXPERIENCE? 1 THE OBJECTIVES OF
THIS BOOK 5 RELEVANCE OF THIS RESEARCH IN RELATION TO THE CURRENT DEBATE
ON FURTHER REFORM 1 0 CHAPTER 1 THE CHANGING NATURE OF OWNERSHIP AND
PROPERTY RIGHTS IN THE CONTEXT OF CHINA IN TRANSITION 15 THE CHANGING
NATURE OF ENTERPRISE IN THE MAO ERA 16 DOMINANT STATE OWNERSHIP 16
'DANWEILISED' ENTERPRISES UNDER THE PARTY/STATE MAOIST REGIME 17
DIVERSIFICATION OF OWNERSHIP OF ENTERPRISES IN POST-MAO CHINA 18 THE
LIFTING OF IDEOLOGICAL CONSTRAINTS AND THE DILUTION OF STATE OWNERSHIP
18 A. THE LIFTING OF IDEOLOGICAL CONSTRAINTS 18 B. DIVERSIFICATION OF
STATE OWNERSHIP 22 THE HIDDEN PRIVATISATION OFSOES: THE KEY LINK BETWEEN
IDEOLOGICAL CONSTRAINTS AND ENTERPRISE REFORM 24 EVOLUTION OF NEW AGENCY
PROBLEMS ASSOCIATED WITH GRADUAL ENTERPRISE REFORM OF THE STATE SECTOR
IN THE 1980S 30 THE PROBLEM OF INCENTIVES 30 PREDATORY BEHAVIOUR 34
DIVERSIFICATION OF OWNERSHIP AND THE QUESTION OF CORPORATE GOVERNANCE 37
CLEARLY DEFINED PROPERTY RIGHTS AND THE QUESTION OF CORPORATE GOVERNANCE
38 THE EMBEDDED CONFLICTS OF ADOPTING CORPORATE GOVERNANCE IN A
TRANSITIONAL ECONOMY 40 TRANSITIONAL ENTERPRISE SYSTEM WITH CHINESE
CHARACTERISTICS 43 COOPERATIVE SHAREHOLDING * AN INSTITUTIONAL
INNOVATION 43 THE PRACTICAL OUTCOMES OF THE CO-OPERATIVE SHAREHOLDING
SYSTEM 47 SHAREHOLDING RESTRUCTURING AND MODERN ENTERPRISE SYSTEM -
ANOTHER CHINESE CHARACTERISTIC OF OWNERSHIP REFORM 54 THE FAILURE OF THE
TRANSFORMATION OF LARGE SOES INTO PUBLICLY LISTED COMPANIES 54
CONCLUSION: PRIVATISATION PAST THE POINT OF NO RETURN 60 CHAPTER 2 ON
CONVENTIONAL PROPERTY RIGHTS THEORY 65 CONVENTIONAL PROPERTY RIGHTS
THEORY 66 THE COASE THEOREM 66 THE 'CIRCULARITY PROBLEM' AND OTHER
CRITIQUES 6 9 APPLICATIONS OF THE COASE THEOREM IN RESEARCH ON CHINA'S
TRANSITIONAL ECONOMY 71 CONVENTIONAL PROPERTY RIGHTS THEORY AND
EMPIRICAL EVIDENCE 72 A CASE IN POINT: CHINA'S TOWNSHIP AND VILLAGE
ENTERPRISES (TVES) 74 RECONCILIATION MODELS 75 A REVIEW OF PRIVATISATION
IN TRANSITIONAL ECONOMIES 78 EMPIRICAL EVIDENCE OF PRIVATISATION IN
TRANSITIONAL ECONOMIES OTHER THAN CHINA 79 CONCLUSION 83 CHAPTER 3 FROM
MARXISM-LENINISM TO NEO-CLASSICAL DOCTRINE: THE DOMINANT NEO-CLASSICAL
PRESENCE 87 THE METHODOLOGY ADOPTED IN RESEARCH ON THE CHINESE
TRANSITIONAL ECONOMY 87 ACADEMIC OPPORTUNISM 87 FROM MARXISM-LENINISM TO
NEO-CLASSICAL DOCTRINE 89 THE DOMINANT NEO-CLASSICAL PRESENCE 9 1 THE
ADOPTION OF AN INSTITUTIONAL APPROACH 92 THE NEED TO BALANCE ANALYTICAL
VIGOUR WITH CONTEXTUAL CIRCUMSTANCES 92 ADOPTION OFNON-TELEOLOGICAL
OPENNESS 93 AN INSTITUTIONAL APPROACH TO PROPERTY RIGHTS 97 THE PROPERTY
S RIGHTS SCHOOL': THE BASIC AND MOST WIDELY ACCEPTED NOTION OF
INSTITUTIONAL CHANGE 9 7 VARIANTS OF THE PROPERTY RIGHTS APPROACH TO
INSTITUTIONAL CHANGE 98 A. INDUCED INSTITUTIONAL INNOVATION 98 B. A
MISMATCH THEORY OF INSTITUTIONAL CHANGE 99 DOUGLASS NORTH'S APPROACH 100
A. NORTH'S MODEL OF INSTITUTIONAL CHANGE 100 B. APPROACHES ADOPTED 102
CASE STUDY METHODS 103 BUILDING EXPLANATION: ANALYTIC GENERALISATION 103
PROBLEMS OF DOING FIELDWORK IN CHINA 104 CHAPTER 4 THE EVOLUTION OF
HIGH-TECH INDUSTRY IN THE CONTEXT OF CHINA IN TRANSITION 107 THE
DEVELOPMENT OF THE HIGH-TECH SECTOR 108 THE EVOLUTION OF CHINA'S
HIGH-TECH SECTOR 112 INSTITUTIONAL EVOLUTION 112 A. THE THEORY OF
RECONSTITUTIVE DOWNWARD CAUSATION 112 B. DOWNWARD RECONSTRUCTIVE
ENTREPRENEURSHIP FROM THE COLLECTIVE LEGACY 114 C. GOVERNMENT'S ROLE IN
THE DEVELOPMENT OF SCIENCE AND TECHNOLOGY 116 THE NATIONAL
HIGH-TECHNOLOGY RESEARCH AND DEVELOPMENT PROGRAM OF CHINA - THE 863
PROGRAM 119 A. POLICYMAKING AND MANAGEMENT OF THE 863 PROGRAM 119 B.
SUCCESS OF THE 863 PROGRAM 121 THE TORCH PROGRAM AND THE INTRODUCTION OF
HIGH-TECH DEVELOPMENT ZONES (HTDZS) 123 A. CHARACTERISTICS OF THE TORCH
PROGRAM 124 B. THE SEMI-AUTHORITY, SEMI-ENTREPRENEURIAL INSTITUTIONS -
HTDZS 126 THE EVOLUTION OF THE GOVERNMENT-INDUSTRY-UNIVERSITY
PARTNERSHIP IN CHINA 128 DIVERSIFIED OWNERSHIP STRUCTURE OF HIGH-TECH
ENTERPRISES 128 CHARACTERISTICS OF UNIVERSITY SPIN-OFFS 132 CHAPTER 5
PROPERTY RIGHTS ARRANGEMENTS OF HIGH-TECH SPIN-OFFS AT THE START-UP
STAGE (1980-92) 135 THE FORMATION OF PROPERTY RIGHTS AND THE OWNERSHIP
OF NEW HIGH-TECH SPIN-OFFS AT THE START-UP STAGE 137 FORMS OF
'SPINNING-OFF' IN CHINA 137 TWO-TYPE FORMAT 139 HYPOTHESIS 141 THE
PROBLEMS OF TYPE I SPINNING-OFF 141 THE PROBLEM OF TYPE II SPINNING-OFF
144 SPINNING-OFF: THE CASE OF BEIJING HIGH-TECH TEST ZONE 146 TWO STAGES
OF SPINNING-OFF-FROM COMMERCIALISATION TO INDUSTRIALISATION: MID 1980S
-1992 149 A. THE CASE OF 'SECONDARY R & D' IN COMPUTING SCIENCE NTES IN
THE BEIJING ZONE 154 ORGANISATIONAL FEATURES AND THE DEVELOPMENT OF
OWNERSHIP OF HIGH-TECH SPIN-OFF IN THE BEIJING TEST ZONE - A PROCESS OF
'EMBEDDED ARBITRAGE' 156 A. THE FRAMEWORK OF ANALYSIS OF EMBEDDED
ARBITRAGE 156 B. THE ANALYSIS OF STATE-OWNED NTES 162 I) THE CASE OF THE
TAICHI COMPUTING CO.: 'ONE INSTITUTION, TWO MECHANISMS' 163 II) THE CASE
OF THE NEW SPECIAL VACUUM TECHNOLOGY DEVELOPMENT CO. 167 C. THE ANALYSIS
OF COLLECTIVELY OWNED NTES 168 III) THE CASE OF HUAHAI CO.: COMBINING
THE STRENGTH OF RESOURCES 169 IV) THE CASE OF ZHONGHUAN BIDDING
TECHNOLOGY CO. 170 V) THE CASE OF HAIDIAN DISTRICT 171 THE 'BOTTLENECK
EFFECT' ASSOCIATED WITH THE QUESTION OF PRODUCTIVE FACTORS AND RESOURCE
ALLOCATION 174 INTERPRETATION 176 A SUMMARY OF THE IDENTIFIED PHENOMENA
176 INTERPRETATION: INSTITUTIONAL ARBITRAGE OF AT FACTO CONTROL 179
CHAPTER 6 HIGH-TECH SPIN-OFFS OF LEADING UNIVERSITIES AT THE START-UP
STAGE (1980-92) 181 THE KEY HIGH-TECH SPIN-OFFS OF LEADING UNIVERSITIES
181 THE DEVELOPMENT OF SCIENCE AND TECHNOLOGY DEVELOPMENT COMPANIES
(KEJI KAIFA GONGSI) IN LEADING UNIVERSITIES 182 A. 'SCIENCE AND
TECHNOLOGY DEVELOPMENT COMPANIES' AT THE START-UP STAGE 183 PROPERTY
RIGHTS ARRANGEMENTS OF KEY SPIN-OFFS 186 HUAZHONG UNIVERSITY OF SCIENCE
AND TECHNOLOGY - A UNIVERSITY DEVELOPED OUT OF THE PLAN: A HISTORICAL
REVIEW 187 A STATE NURTURED UNIVERSITY 18 7 HISTORICAL BACKGROUND: THE
NEW MECHANISM 189 'JUMPING INTO THE SEA OF BUSINESS' 19 5 POLICY MATTERS
198 THE PROPERTY RIGHTS ARRANGEMENT OF THE 'DEPARTMENT BUSINESS' (XIJI
JINGJI) AND THE EARLY DEVELOPMENT OF SPIN-OFFS AT HUST 200 LASER
TECHNOLOGY SPIN-OFFS OF HUST 203 THE LEGACY OF COLLECTIVE INTELLECTUAL
PROPERTY RIGHTS AND THE DEVELOPMENT OF LASER INDUSTRY IN THE REFORM ERA
203 A. THE REVIEW OF LASER TECHNOLOGY DEVELOPMENT IN CHINA 203 B. THE
DEVELOPMENT OF LASER INDUSTRY - TECHNOLOGY DIFFUSION 'WITH CHINESE
CHARACTERISTICS' 206 LASER SPIN-OFFS OF HUST 210 A DIFFERENT PATH - THE
EXPERIENCE OF OTHER LASER HIGH-TECH COMPANIES 2 15 A. THE EXPERIENCE OF
CHUTIAN LASER 216 B. AMBIGUITY OF INTELLECTUAL PROPERTY RIGHTS - A
DOUBLE-EDGED ISSUE 218 INDIVIDUALISM GROWING OUT OF A COLLECTIVE LEGACY
221 CRITICISM OF THE CONVENTIONAL WISDOM 222 A. THE CONVENTIONAL PRIVATE
PROPERTY MYTH 222 B. DIVERSIFIED ENTREPRENEURSHIP THEORIES 223 PUBLIC
ENTREPRENEURSHIP FOR THE COLLECTIVE GOOD 225 A. THE LACK OF ABSOLUTE
PROPERTY RIGHTS AND OF AN INDIVIDUALISTIC CULTURE IN CHINA 225 B. PUBLIC
ENTREPRENEURSHIP - A STEPPING STONE 226 C. FUZZY PROPERTY RIGHTS *
ANOTHER STEPPING STONE 229 CHAPTER 7 TRANSITIONAL PROPERTY RIGHTS AND
OWNERSHIP OF HIGH-TECH SPIN-OFFS (1992 ONWARDS) 233 INSTITUTIONAL
CONSTRAINTS ON CHANGES IN OWNERSHIP AND CONTROL WITHIN PUBLICLY LISTED
COMPANIES 233 THE STOCK MECHANISM: BELEAGUERED POLICY CHOICE 233
INSTITUTIONAL ANALYSIS 238 A. INSTITUTIONAL ARRANGEMENTS OF THE CHINESE
STOCK MARKET 238 I) RESTRUCTURING OF SEMI-OFFICIAL INSTITUTIONS INTO
PLCS - THE TRANSFORMATION OF A HIGH-TECH MANAGEMENT COMMITTEE: THE CASE
OF EAST LAKE HIGH-TECH PLC 241 II) CEDING OWNERSHIP FOR BUSINESS GROWTH:
TRADING OF OWNERSHIP AND CONTROL RIGHTS BETWEEN EAST LAKE HIGH-TECH AND
PRIVATE ENTERPRISES 242 B. INSTITUTIONAL DILEMMA - FAILED ATTEMPTS AT
CLARIFYING PROPERTY RIGHTS THROUGH SHAREHOLDING RESTRUCTURING IN THE
STOCK MARKET 247 III) STRENGTHENED OR WEAKENED? RIGHTS OF CONTROL WITH
HUAGONG HIGH-TECH PLC 251 CASE STUDY OF HIGH-TECH SHAREHOLDING
CORPORATIONS 256 THE BACKGROUND OF UNIVERSITY HIGH-TECH PUBLICLY LISTED
COMPANIES 256 AGREEMENTS BETWEEN HUAGONG HIGH-TECH AND HUST 259 KEY
FINDINGS 263 QUESTION OF CORPORATE GOVERNANCE WITHIN PLCS 269 THE
ABSENCE OF THE ULTIMATE PRINCIPLE AND THE FORMATION OF NETWORKING
EXECUTIVES 269 LEADERSHIP AND MANAGEMENT ISSUES WITHIN UNIVERSITY
HIGH-TECH PLCS 276 CORPORATE GOVERNANCE STRUCTURE WITHIN HUAGONG
HIGH-TECH 27 7 OWNERSHIP STRUCTURE OF SAMPLE UNIVERSITY PLCS - A NEW
PARADIGM? 280 CHAPTER 8 CONCLUSION 285 THE PATH-DEPENDENCE FEATURES AND
CONSEQUENCES ASSOCIATED WITH HIGH-TECH SPIN-OFFS 285 THE STRONG PRESENCE
OF THE STATE 285 FUZZY PROPERTY RIGHTS - A STEPPING STONE 287 PUBLIC
ENTREPRENEURSHIP - ANOTHER STEPPING STONE 289 CONSEQUENCE OF 'PATH
DEPENDENCE' - THE POTENTIAL COSTS OF FURTHER CHANGE 290 CHALLENGE TO THE
NEO-CLASSICAL PROPERTY RIGHTS PERSPECTIVE 291 IMPLICATIONS FOR THE
DEVELOPMENT OF RESEARCH ON PROPERTY RIGHTS IN CHINA 294 BIBLIOGRAPHY 299
INDEX 321 |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| author | Chen, Yang |
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| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| era | Geschichte 1980-2000 gnd |
| era_facet | Geschichte 1980-2000 |
| format | Book |
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| geographic | China (DE-588)4009937-4 gnd |
| geographic_facet | China |
| id | DE-604.BV023085963 |
| illustrated | Not Illustrated |
| index_date | 2024-07-02T19:39:09Z |
| indexdate | 2024-07-09T21:10:40Z |
| institution | BVB |
| isbn | 0773452656 9780773452657 |
| language | English |
| lccn | 2007038472 |
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| physical | X, 331 S. |
| publishDate | 2007 |
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| publisher | Mellen |
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| spelling | Chen, Yang Verfasser aut Ownership in China's transitional economy the limitations of conventional property rights theory Yang Chen. With a foreword by Richard Sanders Lewiston, NY [u.a.] Mellen 2007 X, 331 S. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Geschichte 1980-2000 gnd rswk-swf Government ownership - China Privatization - China Right of property - China Government ownership China Right of property China Privatization China Eigentum (DE-588)4013793-4 gnd rswk-swf China (DE-588)4009937-4 gnd rswk-swf China (DE-588)4009937-4 g Eigentum (DE-588)4013793-4 s Geschichte 1980-2000 z DE-604 GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016288902&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Chen, Yang Ownership in China's transitional economy the limitations of conventional property rights theory Government ownership - China Privatization - China Right of property - China Government ownership China Right of property China Privatization China Eigentum (DE-588)4013793-4 gnd |
| subject_GND | (DE-588)4013793-4 (DE-588)4009937-4 |
| title | Ownership in China's transitional economy the limitations of conventional property rights theory |
| title_auth | Ownership in China's transitional economy the limitations of conventional property rights theory |
| title_exact_search | Ownership in China's transitional economy the limitations of conventional property rights theory |
| title_exact_search_txtP | Ownership in China's transitional economy the limitations of conventional property rights theory |
| title_full | Ownership in China's transitional economy the limitations of conventional property rights theory Yang Chen. With a foreword by Richard Sanders |
| title_fullStr | Ownership in China's transitional economy the limitations of conventional property rights theory Yang Chen. With a foreword by Richard Sanders |
| title_full_unstemmed | Ownership in China's transitional economy the limitations of conventional property rights theory Yang Chen. With a foreword by Richard Sanders |
| title_short | Ownership in China's transitional economy |
| title_sort | ownership in china s transitional economy the limitations of conventional property rights theory |
| title_sub | the limitations of conventional property rights theory |
| topic | Government ownership - China Privatization - China Right of property - China Government ownership China Right of property China Privatization China Eigentum (DE-588)4013793-4 gnd |
| topic_facet | Government ownership - China Privatization - China Right of property - China Government ownership China Right of property China Privatization China Eigentum China |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016288902&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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