Klick Link For Read Online Or Download Paper Tigers, Hidden Dragons: Firms and the Political Economy of China's Technological Development Book : http://download.justregisterebook.com/?review=B01FWCWCQ0
Synopsis
China presents us with a conundrum. How has a developing country with a spectacularly inefficient financial system, coupled with asset-destroying state-owned firms, managed to create a number of vibrant high-tech firms?China's domestic financial system fails most private firms by neglecting to give them sufficient support to pursue technological upgrading, even while smothering state-favoured firms by providing them with too much support. Due to their foreign financing, multinational corporations suffer from neither insufficient funds nor soft budget constraints, but they are insufficiently committed to China's development. Hybrid firms that combine ethnic Chinese management and foreign financing are thehidden dragons driving China's technological development. They avoi
