The Research Of Entrepreneurs' Growth Mechanism Based On Historical Institutional Analysis

This article, after a review of the domestic and foreign correlative theory, establishes a general model of Chinese entrepreneurs' growth mechanism. Then, we use the theory and method of HIA to analyze the China private entrepreneurs' growth mechanism during the Chinese transitional period. Especially, unifying the background in Shaoxing, we divide the process of her entrepreneurs' growth into three stages and carry on the HIA. We observe that the private entrepreneurs of Shaoxing spontaneously start and consciously grow in the power structure of market-enterprise-government:Firstly, the entrepreneurs' growth mechanism of Shaoxing is overall "a composite model", namely, concurrent characteristic of village entrepreneurs in southern-Jiangsu and private entrepreneurs in Wenzhou. This is mainly by the physical geography and the history endowment. According to Schumpeter, composition is just as innovation.Secondly, during the earlier period of private entrepreneurs' growth process in Shaoxing, the local government basically was governing by non-interference. With the market maturing and competition intensifying, it is necessary for government to sharpen the strategic decision ability and the service level to create advantages.Thirdly, during the initial period, because policy was still not bright, the private entrepreneurs' growth in Shaoxing was relatively steady; with the market and the policy better, they showed greatly explosive forces. And they could have a better development space from good economy situations in Shaoxing now.Finally, the quality promotion of entrepreneurs is restricted at present, because the competition of entrepreneurs market is only in the family scope. In our models, this is related with Chinese specific family-culture and the present market system, and the breakthrough is a systematic evolution process.