Developments in Chinese Entrepreneurship ─ Key Issues and Challenges

The private sector has contributed immensely to China's development since the country embarked on its steady reform toward a market-based economy. However, the ingenuity, innovation, and talents of Chinese entrepreneurship and small business can only be translated into real economic development if financial resources are efficiently allocated into growth opportunities. As China's growth lifts hundreds of millions of people out of poverty, its experience provides valuable insight for other aspiring developing countries.

Developments in Chinese Entrepreneurship offers empirical evidence from cutting-edge research into the experiences and challenges of entrepreneurial activities and small business issues within China. As a leading emerging country, the experiences and challenges that China face provides useful lessons for other developing economies on topics related to:

‧Entrepreneurial finance
‧The role of venture capital and angel finance in new venture development
‧The influence of family dynamics upon small business management
‧The impact of prevailing local institutional norms and barriers on small business management
‧Innovation, R&D, and entrepreneurial strategies
‧The Impact of government policy on small business management
‧Survival and growth strategies for small businesses

Douglas Cumming is Professor and the Ontario Research Chair at the Schulich School of Business, York University, Canada.

Michael Firth is the Hong Kong Economic Journal Chair Professor of Finance and Head of the Department of Finance and Insurance at Lingnan University, Hong Kong.

Wenxuan Hou is Reader in Finance at the University of Edinburgh, UK.

Edward Lee is Professor of Accounting and Finance at Manchester Business School, University of Manchester, UK.