Capitalism from below :: markets and institutional change in China /
More than 630 million Chinese have escaped poverty since the 1980s, reducing the fraction remaining from 82 to 10 percent of the population. This astonishing decline in poverty, the largest in history, coincided with the rapid growth of a private enterprise economy. Yet private enterprise in China e...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass. :
Harvard University Press,
2012.
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | More than 630 million Chinese have escaped poverty since the 1980s, reducing the fraction remaining from 82 to 10 percent of the population. This astonishing decline in poverty, the largest in history, coincided with the rapid growth of a private enterprise economy. Yet private enterprise in China emerged in spite of impediments set up by the Chinese government. How did private enterprise overcome these initial obstacles, to become the engine of China's economic miracle? Where did capitalism come from?Studying over 700 manufacturing firms in the Yangzi region, Victor Nee and Sonja Opper argue that China's private enterprise economy bubbled up from below. Through trial and error, entrepreneurs devised institutional innovations that enabled them to decouple from the established economic order to start up and grow small, private manufacturing firms. Barriers to entry motivated them to build their own networks of suppliers and distributors, and to develop competitive advantage in self-organized industrial clusters. Close-knit groups of like-minded people participated in the emergence of private enterprise by offering financing and establishing reliable business norms. This rapidly growing private enterprise economy diffused throughout the coastal regions of China and, passing through a series of tipping points, eroded the market share of state-owned firms. Only after this fledgling economy emerged as a dynamic engine of economic growth, wealth creation, and manufacturing jobs did the political elite legitimize it as a way to jump-start China's market society. Today, this private enterprise economy is one of the greatest success stories in the history of capitalism. Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China's economic miracle--private enterprise--did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government. |
| Beschreibung: | 1 online resource (xv, 431 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and index. |
| ISBN: | 9780674065390 0674065395 0674070194 9780674070196 |
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| 100 | 1 | |a Nee, Victor, |d 1945- |1 https://id.oclc.org/worldcat/entity/E39PBJvMCxtG9xFfT7kF7THHmd |0 http://id.loc.gov/authorities/names/n50032728 | |
| 245 | 1 | 0 | |a Capitalism from below : |b markets and institutional change in China / |c Victor Nee, Sonja Opper. |
| 260 | |a Cambridge, Mass. : |b Harvard University Press, |c 2012. | ||
| 300 | |a 1 online resource (xv, 431 pages) : |b illustrations | ||
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| 347 | |a data file | ||
| 504 | |a Includes bibliographical references and index. | ||
| 505 | 0 | |a Where do economic institutions come from? -- Markets and endogenous institutional change -- The epicenter of bottom-up capitalism -- Entrepreneurs and institutional innovation -- Legitimacy and organizational change -- Industrial clusters and competitive advantage -- The development of labor markets -- Institutions of innovation -- Political economy of capitalism. | |
| 520 | |a More than 630 million Chinese have escaped poverty since the 1980s, reducing the fraction remaining from 82 to 10 percent of the population. This astonishing decline in poverty, the largest in history, coincided with the rapid growth of a private enterprise economy. Yet private enterprise in China emerged in spite of impediments set up by the Chinese government. How did private enterprise overcome these initial obstacles, to become the engine of China's economic miracle? Where did capitalism come from?Studying over 700 manufacturing firms in the Yangzi region, Victor Nee and Sonja Opper argue that China's private enterprise economy bubbled up from below. Through trial and error, entrepreneurs devised institutional innovations that enabled them to decouple from the established economic order to start up and grow small, private manufacturing firms. Barriers to entry motivated them to build their own networks of suppliers and distributors, and to develop competitive advantage in self-organized industrial clusters. Close-knit groups of like-minded people participated in the emergence of private enterprise by offering financing and establishing reliable business norms. This rapidly growing private enterprise economy diffused throughout the coastal regions of China and, passing through a series of tipping points, eroded the market share of state-owned firms. Only after this fledgling economy emerged as a dynamic engine of economic growth, wealth creation, and manufacturing jobs did the political elite legitimize it as a way to jump-start China's market society. Today, this private enterprise economy is one of the greatest success stories in the history of capitalism. | ||
| 520 | |a Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China's economic miracle--private enterprise--did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government. | ||
| 546 | |a In English. | ||
| 650 | 0 | |a Industrial policy |z China. | |
| 650 | 0 | |a Entrepreneurship |z China. | |
| 650 | 0 | |a Capitalism |z China. | |
| 651 | 0 | |a China |x Politics and government. |0 http://id.loc.gov/authorities/subjects/sh85024153 | |
| 651 | 0 | |a China |x Economic policy. |0 http://id.loc.gov/authorities/subjects/sh85024018 | |
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Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-4-EBU-ocn835374469 |
|---|---|
| _version_ | 1816796908361875457 |
| adam_text | |
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| author | Nee, Victor, 1945- |
| author2 | Opper, Sonja |
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| author_GND | http://id.loc.gov/authorities/names/n50032728 http://id.loc.gov/authorities/names/n99281853 |
| author_facet | Nee, Victor, 1945- Opper, Sonja |
| author_role | |
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| callnumber-raw | HC427.95 .N44 2012 |
| callnumber-search | HC427.95 .N44 2012 |
| callnumber-sort | HC 3427.95 N44 42012 |
| callnumber-subject | HC - Economic History and Conditions |
| collection | ZDB-4-EBU |
| contents | Where do economic institutions come from? -- Markets and endogenous institutional change -- The epicenter of bottom-up capitalism -- Entrepreneurs and institutional innovation -- Legitimacy and organizational change -- Industrial clusters and competitive advantage -- The development of labor markets -- Institutions of innovation -- Political economy of capitalism. |
| ctrlnum | (OCoLC)835374469 |
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| discipline | Wirtschaftswissenschaften |
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| geographic_facet | China Politics and government. China Economic policy. Chine Politique économique. Chine Politique et gouvernement. China |
| id | ZDB-4-EBU-ocn835374469 |
| illustrated | Illustrated |
| indexdate | 2024-11-26T14:49:09Z |
| institution | BVB |
| isbn | 9780674065390 0674065395 0674070194 9780674070196 |
| language | English |
| oclc_num | 835374469 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (xv, 431 pages) : illustrations |
| psigel | ZDB-4-EBU |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | Harvard University Press, |
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| spelling | Nee, Victor, 1945- https://id.oclc.org/worldcat/entity/E39PBJvMCxtG9xFfT7kF7THHmd http://id.loc.gov/authorities/names/n50032728 Capitalism from below : markets and institutional change in China / Victor Nee, Sonja Opper. Cambridge, Mass. : Harvard University Press, 2012. 1 online resource (xv, 431 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier data file Includes bibliographical references and index. Where do economic institutions come from? -- Markets and endogenous institutional change -- The epicenter of bottom-up capitalism -- Entrepreneurs and institutional innovation -- Legitimacy and organizational change -- Industrial clusters and competitive advantage -- The development of labor markets -- Institutions of innovation -- Political economy of capitalism. More than 630 million Chinese have escaped poverty since the 1980s, reducing the fraction remaining from 82 to 10 percent of the population. This astonishing decline in poverty, the largest in history, coincided with the rapid growth of a private enterprise economy. Yet private enterprise in China emerged in spite of impediments set up by the Chinese government. How did private enterprise overcome these initial obstacles, to become the engine of China's economic miracle? Where did capitalism come from?Studying over 700 manufacturing firms in the Yangzi region, Victor Nee and Sonja Opper argue that China's private enterprise economy bubbled up from below. Through trial and error, entrepreneurs devised institutional innovations that enabled them to decouple from the established economic order to start up and grow small, private manufacturing firms. Barriers to entry motivated them to build their own networks of suppliers and distributors, and to develop competitive advantage in self-organized industrial clusters. Close-knit groups of like-minded people participated in the emergence of private enterprise by offering financing and establishing reliable business norms. This rapidly growing private enterprise economy diffused throughout the coastal regions of China and, passing through a series of tipping points, eroded the market share of state-owned firms. Only after this fledgling economy emerged as a dynamic engine of economic growth, wealth creation, and manufacturing jobs did the political elite legitimize it as a way to jump-start China's market society. Today, this private enterprise economy is one of the greatest success stories in the history of capitalism. Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China's economic miracle--private enterprise--did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government. In English. Industrial policy China. Entrepreneurship China. Capitalism China. China Politics and government. http://id.loc.gov/authorities/subjects/sh85024153 China Economic policy. http://id.loc.gov/authorities/subjects/sh85024018 Entrepreneuriat Chine. Politique industrielle Chine. Chine Politique économique. Chine Politique et gouvernement. BUSINESS & ECONOMICS Economic Conditions. bisacsh BUSINESS & ECONOMICS Economic History. bisacsh BUSINESS & ECONOMICS Economics Comparative. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh SOCIAL SCIENCE Sociology General. bisacsh Capitalism fast Economic policy fast Entrepreneurship fast Industrial policy fast Politics and government fast China fast https://id.oclc.org/worldcat/entity/E39PBJcrd4RjtCBk4wfMhTwwG3 Opper, Sonja. http://id.loc.gov/authorities/names/n99281853 Print version: 9780674050204 0674050207 (DLC) 2011042367 (OCoLC)757935772 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=597449 Volltext |
| spellingShingle | Nee, Victor, 1945- Capitalism from below : markets and institutional change in China / Where do economic institutions come from? -- Markets and endogenous institutional change -- The epicenter of bottom-up capitalism -- Entrepreneurs and institutional innovation -- Legitimacy and organizational change -- Industrial clusters and competitive advantage -- The development of labor markets -- Institutions of innovation -- Political economy of capitalism. Industrial policy China. Entrepreneurship China. Capitalism China. Entrepreneuriat Chine. Politique industrielle Chine. BUSINESS & ECONOMICS Economic Conditions. bisacsh BUSINESS & ECONOMICS Economic History. bisacsh BUSINESS & ECONOMICS Economics Comparative. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh SOCIAL SCIENCE Sociology General. bisacsh Capitalism fast Economic policy fast Entrepreneurship fast Industrial policy fast Politics and government fast |
| subject_GND | http://id.loc.gov/authorities/subjects/sh85024153 http://id.loc.gov/authorities/subjects/sh85024018 |
| title | Capitalism from below : markets and institutional change in China / |
| title_auth | Capitalism from below : markets and institutional change in China / |
| title_exact_search | Capitalism from below : markets and institutional change in China / |
| title_full | Capitalism from below : markets and institutional change in China / Victor Nee, Sonja Opper. |
| title_fullStr | Capitalism from below : markets and institutional change in China / Victor Nee, Sonja Opper. |
| title_full_unstemmed | Capitalism from below : markets and institutional change in China / Victor Nee, Sonja Opper. |
| title_short | Capitalism from below : |
| title_sort | capitalism from below markets and institutional change in china |
| title_sub | markets and institutional change in China / |
| topic | Industrial policy China. Entrepreneurship China. Capitalism China. Entrepreneuriat Chine. Politique industrielle Chine. BUSINESS & ECONOMICS Economic Conditions. bisacsh BUSINESS & ECONOMICS Economic History. bisacsh BUSINESS & ECONOMICS Economics Comparative. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh SOCIAL SCIENCE Sociology General. bisacsh Capitalism fast Economic policy fast Entrepreneurship fast Industrial policy fast Politics and government fast |
| topic_facet | Industrial policy China. Entrepreneurship China. Capitalism China. China Politics and government. China Economic policy. Entrepreneuriat Chine. Politique industrielle Chine. Chine Politique économique. Chine Politique et gouvernement. BUSINESS & ECONOMICS Economic Conditions. BUSINESS & ECONOMICS Economic History. BUSINESS & ECONOMICS Economics Comparative. POLITICAL SCIENCE Economic Conditions. SOCIAL SCIENCE Sociology General. Capitalism Economic policy Entrepreneurship Industrial policy Politics and government China |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=597449 |
| work_keys_str_mv | AT neevictor capitalismfrombelowmarketsandinstitutionalchangeinchina AT oppersonja capitalismfrombelowmarketsandinstitutionalchangeinchina |