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Regulatory models and entrepreneurial growth: evidence from China's transition economy


  • Wubiao Zhou

    Corresponding author
    1. Nanyang Technological University, Singapore
    • Division of Sociology, HSS-05-45, School of Humanities and Social Sciences, Nanyang Technological University, Singapore 637332, China
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  • J.E.L. classification codes: E44, F21, F32, F43, O16.


In spite of unfavorable national regulatory policies, private entrepreneurship has grown rapidly in the early stages of the reform, partially because of the development of a local liberal regulatory environment induced by Chinese-style market-preserving federalism.