TY - JOUR AB - Based on fieldwork in Zhejiang 2000/01, the paper analyses the processes and mechanisms that shape China’s new private sector. The paper argues that the development of the private sector is characterised by the on‐going interaction between local jurisdictions, networks and entrepreneurs. The search for and protection of private property rights can be singled out as the most crucial factor for explaining the establishment and organisational form of firms. The empirical study can also help to explain why the family is no longer at the core of private firms, offering too small a resource base, and too little access to asset protecting networks. VL - 29 IS - 12 SN - 0307-4358 DO - 10.1108/03074350310768625 UR - https://doi.org/10.1108/03074350310768625 AU - Krug Barbara AU - Hendrischke Hans PY - 2003 Y1 - 2003/01/01 TI - China incorporated: property rights, networks, and the emergence of a private business sector in China T2 - Managerial Finance PB - MCB UP Ltd SP - 32 EP - 44 Y2 - 2024/04/25 ER -