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A Study on the Challenges and Opportunities Faced by Foreign Entrepreneurs in China

Richard Sam Dickson, Yao Deli, Isaac Lewu Hill 2020-07-30

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국내외 주요 기관에서 발표하는 자료들을 수집하여 제공하고 있습니다. 수록 자료의 자세한 내용은 해당 기관으로 문의하시기 바랍니다.

Entrepreneurship is crucial to the advancement of nations. Nevertheless, entrepreneurs cannot function in solitary confinement; they need the right atmosphere to succeed. Entrepreneurship is not just “starting a company”. Entrepreneurship is a mechanism that recognizes opportunities, allocates capital, and generates value. Such value development also happens by recognizing unmet needs or finding incentives for improvement. It has become much easier to do business in and with China than it was a decade ago. Yet doing business does not mean everyone makes money. After its economic reforms, China has embarked on exponential growth within the past three decades, now the second-largest economy in the world. Nonetheless, even with opportunities available, the various obstacles in China restrict foreign entrepreneurial activities. This study recognizes these obstacles and acknowledges that the common denominator is the challenge of new and growing entrepreneurial firms: government policies and initiatives, education, and growth in the vicinity of entrepreneurs. Questionnaires were used to gather data to discover foreign entrepreneurs’ problems and opportunities. This paper provides detailed information about the challenges and opportunities faced by foreign entrepreneurs in China.

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