Chapter

The Legacies of History

Gordon Redding and Michael A. Witt

in The Future of Chinese Capitalism: Choices and Chances

Published in print January 2010 | ISBN: 9780199575879
Published online October 2011 | e-ISBN: 9780191702204 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199575879.003.0004
The Legacies of History

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This chapter presents a discussion on Chinese culture as well as its institutions and order. It also concentrates on aspects related to organization and economic behavior as the focus is placed on China's business life. As a result, it revolves around six crucial features affecting the society's emergence toward a new condition. These include the retention of control by the state, endemic mistrust and its connection with social structures, information access, social norms and institutions hierarchy and its effects on organization, individual entrepreneurship and opportunism, technological dependence and the desire to make up for lost time. All these flow forward from its history, and in a sense all of them make China what it is.

Keywords: Chinese culture; institutions; order; history; China; state control; business; organization; economic behavior; entrepreneurship

Chapter.  3923 words. 

Subjects: International Business

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