Angol
Entrepreneurship is recognised as an integral element of economic advancement and social force. Chinese entrepreneurship has contributed to business success in the greater China area including Mainland China, Hong Kong, Taiwan and the Chinese diaspora around the world. Chinese entrepreneurs are well known for their adaptability, flexibility, resilience and ingenuity in venture creation, management style, organisational structure, and business process. These unique characteristics are embedded in Chinese culture and supported by Chinese values. At the same time, Chinese entrepreneurs are open to change. With socio-political transformation within China in the past three decades, integration of China’s economy into the global market, and the wide spreading of Chinese businesses to other parts of the world, Chinese entrepreneurs have increasingly absorbed modern entrepreneurial norms, practice and spirit. Social entrepreneurship has become a new force in the social process. In this new entrepreneurial era, the influence of culture and tradition remains strong. The cultural and historical effects intricately interact with rapid changes in social, economic and political institutions. This has led to a high degree of continuity of the unique characteristics of Chinese entrepreneurship and significant alterations in how businesses are organised and conducted. Contemporary Chinese entrepreneurship has and will continue to play a significant part in global economic development.
