Transitional leaders in China: the increasing importance of political acumen among private entrepreneurs. Issue 1 (1st January 2021)

• Record Type: Journal Article
• Authors: Zhou, Yaping; Li, Yinan; Rui, Donggen
• Is Part Of: Asia Pacific business review. Volume 27:Issue 1(2021)
• Page Start: 11
• Page End: 28
• Publication Date: 2021-01-01
• Subjects: China -- legitimacy -- political sensitivity -- private entrepreneurs; Asia -- Commerce -- Periodicals; 338.095
• DOI: 10.1080/13602381.2021.1851898
• Languages: English
• ISSNs: 1360-2381

Abstract

ABSTRACT: The existing research has not yet been conducted on the impact of the current political environment on the political sensitivity of private entrepreneurs during China's transition period. This study adopts the perspective of neo-institutional sociology for an analysis of the political sensitivity of current private entrepreneurs in China. The study found that, first, Chinese entrepreneurs are growing more politically sensitive. Second, the political sensitivity of Chinese entrepreneurs has shifted the leading role from the original external compulsory mechanism to the active imitation mechanism. Third, regardless of the size of the firm, private entrepreneurs generally believe that political and business relationships are very important.