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Cultivating Personnel to Run Businesses

In: Westernization Movement and Early Thought of Modernization in China

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  • Jianbo Zhou

    (Peking University)

Abstract

This chapter focuses on the thought of cultivating talented entrepreneurs. Economists, including Marshall and Schumpeter, highly recognized the importance of entrepreneurs and them as factors of production. The Westernizationists wanted to apply Western methods to realize self-improvement, in which the selection and training of entrepreneurs specialized in modern business management was very important. The British and French bourgeoisie were mainly private businessmen and the traditional aristocracy who invested in new industries. Besides those elites, modernization in China was carried out through external forces, and Chinese entrepreneurs tended to be compradors or overseas Chinese. This chapter will discuss how the government-run enterprises select the entrepreneurs or the management and how to cultivate them.

Suggested Citation

  • Jianbo Zhou, 2022. "Cultivating Personnel to Run Businesses," Palgrave Studies in Economic History, in: Westernization Movement and Early Thought of Modernization in China, chapter 0, pages 117-141, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-86985-4_7
    DOI: 10.1007/978-3-030-86985-4_7
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