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Date
2017-03-08
Journal Title
Journal ISSN
Volume Title
Publisher
China has emerged as an economic power due, in part, to government policies that opened China to the world and created a modern consumer culture. One of these policies is the advancement of English-language education, including private providers, which has spawned the “English Fever” phenomenon. We use the unique context of the private English-language education industry in China to illustrate the concept of “compound (institutional) voids” and their relationship to unproductive entrepreneurship. Our contribution is in untangling some of the complexities related to institutional relationships, and in describing how compound voids increase the likelihood of rent-seeking behavior.
Description
Keywords
China, Compound Void, Development, Educational policy, "English Fever", institutions, Regulation, Social Trust, Unproductive Entrepreneurship
Citation
Fish, J., Parris, D., & Troilo, M. (2017). Compound voids and unproductive entrepreneurship: The rise of English Fever in China. Journal of Economic Issues, 51 (1), 163-180. https://doi.org/10.1080/00213624.2017.1287506