Transitional leaders in China: the increasing importance of political acumen among private entrepreneurs

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 sensitivi...

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Bibliographic Details
Published in:Asia Pacific business review 2021-01, Vol.27 (1), p.11-28
Main Authors: Zhou, Yaping, Li, Yinan, Rui, Donggen
Format: Article
Language:English
Subjects:
Business society relationship
China
Entrepreneurs
Imitation
legitimacy
Political culture
political sensitivity
private entrepreneurs
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Summary: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.
ISSN:1360-2381
1743-792X
DOI:10.1080/13602381.2021.1851898