How do emerging markets such as China differ from industrialized countries such as the U.S. in terms of the environment for corporate entrepreneurship in technology sectors?
China differs way lot because of licensing norms and ease of doing business and comparative advantage of scalability.
The ecommerce markets driven by Alibaba in China whivh employs more than 10crore sellers and boosts ownership amongst low median income household as well. This has huge effects on stimulating economy. As results China is one of biggest economies in terms of forex.
Technology also gives major push because of connectivity and scalability to businesses where China is amongst top 10 nations in terms of coverage of technology.
Hence its one if best growing prospects and much more than China.
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