| The paper is intended to explore the growth model of entrepreneur in the period of economic transition in the framework of property rights theory and institution evolution theory. According to the characteristics of economic transition, entrepreneurs are divided into entrepreneurs of state-owned and entrepreneurs of private enterprises. Their history of growth and current situations are analyzed in the gaming process of government and micro economic units, as well as central government and local government. The growing barriers of entrepreneur of public and private enterprises are also studied.The paper is organized as follows:In preface, the framework and significance are presented.In chapter 1, firstly critical reviews of western entrepreneurial theories are provided. In the second place, the theories upon the entrepreneur of china during the economic transition are reviewed.Chapter 2 focuses on the analysis of institutional growing environment of the entrepreneur. As a result, the entrepreneur is defined based on entrepreneurial theories and individualities of china.In chapter 3, the private business is defined. Then, based on the analysis of growing history and current situations of entrepreneur of private enterprises it is argued that institutions are the main growing constraints of entrepreneur of private enterprises.In chapter 4, first , the growing history and present situations of state-owned enterprises are addressed; second, it is suggested that the management assignment by the government be ruled by the relevant laws according to the analysis of the incentive-mechanism in state-owned businesses and managers' behavior choice by employing the dual-gaming theory; Finally, the common problem-successor selection .was investigated therefore, it is insisted what role should government play in the successor-choosing process.In the last section , several points are drawn, some of which are analyzed in detail in the chapters above, some of which require further research.There is some new different from the work of other researches in this paper.First, the definition of entrepreneur is given according to the entrepreneur theories and situations of china in the period of economic transformation, which is different from what are defined by other domestic economists. There are 2 different opinions. In one opinion, "entrepreneur" is used in their researches, but the difference is ?;>t made between manager and entrepreneur, in particular, between managers of public enterprises and entrepreneurs. The other theory uses "professional manager" or "operator" in place of entrepreneur because in their theory entrepreneur refers to the operator and owner of the classical enterprise, which is quite different from the reality of modern firm institution.The relationship and difference between entrepreneur and manager is defined in light of Shumperter' theory. In one hand, because property rights of private business are clearly defined, a private business is a real economic agent, in contrast to the public enterprise. The private business does not enjoy government' favorable protection. In order to survive, the private enterprise must innovate, otherwise it will go out of business. Thus the manager of private business is an entrepreneur. On the other hand, the managers of public enterprises are not all entrepreneurs. The only criterion to judge is whether the " innovation function " defined by Shumpeter is executed or not.To clarify the definition of non-state owned enterprise, it is defined clearly in a new way. To the author, the non-state owned enterprise is originally defined in contrast to the definition of public enterprise. Since the reform of state-managed enterprise in 1990s, state managed enterprises are transferred into state-owned enterprises. Therefore, he non-state owned enterprises should cover collective(mainly village-town enterprises^ private% foreign^ joint-stock enterprises and share-holding enterprises not controlled by the government.In the paper, the growth of entrepre... |
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