Paper Tigers, Hidden Dragons: Firms and the Political Economy of China's Technological Development

The "Hybrid Firms in China's Technological Development" book is a groundbreaking analysis of how Chinese firms are driving technological advancement despite the country's inefficient financial system and state-owned enterprises.

This insightful work upends conventional political economy debates by revealing that China has successfully fostered state capitalism while tolerating foreign market institutions.

The book sheds light on the hidden dragons - hybrid firms combining ethnic Chinese management and foreign financing - that are the true drivers of technological progress in China.

By examining how variation in China's institutional terrain impacts technological development, this book provides much-needed nuance to widespread assumptions about the country's political economy.

Don't miss out on this essential read for anyone interested in understanding China's economic rise and its implications for the global marketplace.