- Title
- An analysis of the political-economic environments of China and India
- Creator
- Pilipczyk, Daniel
- Relation
- Newcastle Business School Student Journal Vol. 1, Issue 1, p. 58-61
- Publisher
- University of Newcastle
- Resource Type
- journal article
- Date
- 2017
- Description
- This paper critically analyses two major Asian markets, China and India, in the context of entrepreneurial investment. A generic approach is taken for the ‘general’ entrepreneur looking to enter either of the two markets. In making the conclusion, this paper assesses such aspects of the external environment as the dominant political system, legal coherence, culture, changing demographic trends, economic prominence and technological penetration. It concludes that China is an entrepreneurial preference due to the political stability of a one party state, superior per capita GDP and contract adherence within civil law. The paper recognises the challenges of conducting business in China, such as the unique cultural elements and the concept of guanxi. India’s macro environment does however provide promise, such as the unique opportunity with m-commerce and the rapidly growing middle class.
- Subject
- politics; economics; entrepreneurship; guanxi; India; China; Newcastle Business School Student Journal
- Identifier
- http://hdl.handle.net/1959.13/1467341
- Identifier
- uon:47812
- Identifier
- ISSN:2207-3868
- Rights
- © The Author. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-nd/4.0/.
- Language
- eng
- Full Text
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Newcastle Business School Student Journal
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