This study contributes to the research on Chinese business networks which are a ubiquitous element of China's emerging private enterprise sector. The two standard features of the research literature on Chinese business networks are its sociological and cultural orientation and the representation of business networks as family networks. Analyzing Chinese business networks from an institutional and transition economics perspective, we find that business networks are better represented as public-private networks and economic actors. They form a crucial link between local entrepreneurs and local governments and participate in institution building. Their institutional competence is as important as their market and technological competence.
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Krug, B., Hendrischke, H. (2009). Smart Business Networks with Chinese Characteristics. In: The Network Experience. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-85582-8_12
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