IDEAS home Printed from https://ideas.repec.org/a/cmr/mor101/v1y2005i2p197-224.html
   My bibliography  Save this article

The Puzzle of China's Township¥VVillage Enterprises: The Paradox of Local Corporatism in a Dual-Track Economic Transition

Author

Listed:
  • Peter Ping Li

    (California State University)

Abstract

This paper seeks to reconcile and synthesize the diverse views about the township¥Vvillage enterprises (TVEs) and local corporatism in the context of ongoing institutional changes in China as a transition economy. Specifically, I attempt to integrate the economic, political, cultural, and social explanations for TVEs, especially the two competing views of market competition and political corruption. I focus on the puzzle of TVE efficiency as well as the paradox of local corporatism as a government¥Vbusiness partnership with both a positive function of public alliance for wealth creation and a negative function of private collusion for wealth transfer. I argue that the key to both the puzzle of TVEs and the paradox of local corporatism lies in China's dual-track reform paradigm (i.e. a market-for-mass track and a state-for-elite track). Lastly, I discuss the critical implications for theory building and policymaking regarding economic transition in general.

Suggested Citation

  • Peter Ping Li, 2005. "The Puzzle of China's Township¥VVillage Enterprises: The Paradox of Local Corporatism in a Dual-Track Economic Transition," Management and Organization Review, International Association of Chinese Management Research, vol. 1(2), pages 197-224, July.
    • Handle: RePEc:cmr:mor101:v:1:y:2005:i:2:p:197-224
    as

    Download full text from publisher

    File URL: http://www3.interscience.wiley.com/cgi-bin/fulltext/118676265/HTMLSTART
    Download Restriction: Become IACMR member or subscribe to MOR
    File URL: http://www3.interscience.wiley.com/cgi-bin/fulltext/118676265/PDFSTART
    Download Restriction: Become IACMR member or subscribe to MOR
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Da Teng & Douglas B. Fuller & Chengchun Li, 2018. "Institutional change and corporate governance diversity in China’s SOEs," Asia Pacific Business Review, Taylor & Francis Journals, vol. 24(3), pages 273-293, May.
    2. Barbara Krug & Hans Hendrischke, 2012. "Market design in Chinese market places," Asia Pacific Journal of Management, Springer, vol. 29(3), pages 525-546, September.
    3. Peter Li, 2012. "Toward an integrative framework of indigenous research: The geocentric implications of Yin-Yang Balance," Asia Pacific Journal of Management, Springer, vol. 29(4), pages 849-872, December.
    4. Krug, B. & Hendrischke, H., 2006. "Institution Building and Change in China," ERIM Report Series Research in Management ERS-2006-008-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    5. Ilan Alon & John Anderson & Ziaul Haque Munim & Alice Ho, 2018. "A review of the internationalization of Chinese enterprises," Asia Pacific Journal of Management, Springer, vol. 35(3), pages 573-605, September.
    6. Li, Peter Ping, 2007. "Toward an integrated theory of multinational evolution: The evidence of Chinese multinational enterprises as latecomers," Journal of International Management, Elsevier, vol. 13(3), pages 296-318, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmr:mor101:v:1:y:2005:i:2:p:197-224. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Karin Heffel Steele or Red Ng (email available below). General contact details of provider: http://www.iacmr.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.