Focus
SOE reform
Why China’s State-Owned Companies Will Never Produce Entrepreneurs
An economist argues that China’s state-run companies will never innovate because lack the discipline of a hard budget, a competitive market, a long-term vision, and interference from political actors.
|
Why China’s State-Owned Companies Will Never Produce Entrepreneurs
An economist argues that China’s state-run companies will never innovate because lack the discipline of a hard budget, a competitive market, a long-term vision, and interference from political actors.
|