Business and government interdependence in China: Cooperative goals to develop industries and the marketplace |
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| Authors: | Dean Tjosvold Ann Chunyan Peng Yi Feng Chen Fang Su |
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| Institution: | (1) Department of Management, Lingnan University, Tuen Mun, Hong Kong;(2) Department of Finance, Shanghai University of Finance and Economics, Shanghai, China |
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| Abstract: | Although government withdrawal from business has traditionally been considered a key reform in developing a market economy,
the Chinese government remains active. This study uses the social psychological theory of cooperation and competition to analyze
the interdependence between government and business. Structural equation results of interviews of specific incidents collected
from 105 government officials and business people in Shanghai, China, support the model that cooperative, but not competitive
or independent, goals induce open-minded discussions that in turn strengthen their relationships, accomplish tasks, foster
confidence they will work productively in the future, and develop their industry and the marketplace.
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| Keywords: | Cooperation and competition Business and government interdependence Open-minded discussion |
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