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Partly as a result of the rapid growth in Chinese higher education, graduate placement has become a critical issue facing colleges and universties. In response, one of the policy initiatives adopted by the Chinese government is for higher education institutions to put an emphasis on entrepreneurship education. In 2002, the Ministry of Education launched a pilot program on carrying out entrepreneurship education in nine prestigious higher education institutions in China. Since then, many colleges and universities have adopted this innovation in education. This study attempts to examine entrepreneurship education as an innovative solution to the challenges facing higher education in China. It first introduces the background for promoting entrepreneurship education in China, analyzes the entrepreneurship education programs and activities in three selected universities, assesses the state of entrepreneurship education both from a student perspective and also through a comparison with developments in the United States, and concludes with recommendations for further developments in entrepreneurship education in China's colleges and universities.

PurposeThis paper aims to study largely recent aspects of entrepreneurship and innovation in China. It synthesizes the research in the current special issue (SI) ofMultinational Business Review(MBR) on this topic. In addition, this paper differs from other work on this topic in examining entrepreneurship and innovation from a more global standpoint with relevant international effects.Design/methodology/approachThe paper provides an overview of the literature on entrepreneurship, innovation and key related topics such as firm and economic growth, as well as linking this research to related international works. It also summarizes the papers of the SI.FindingsThe authors' analysis suggests that the study of entrepreneurship and innovation should be placed in the context of a country's economic development and institutional environment as well as the firm internationalization trajectories and business models. In addition, the authors believe that a good understanding of economic growth in a transition economy like China (which is a key goal of China's recent emphasis on innovation) is facilitated by understanding the comparative advantages and disadvantages of an economy with respect to the global innovation system.Originality/valueThe authors' study explores the local-global and parent-subsidiary connectivity and co-evolution of firm strategies and the institutional environment in entrepreneurship and innovation in emerging and transition economies. The authors summarize and synthesize the papers in this SI to provide the results as well as some directions for future research in the domain of entrepreneurship, innovation and new venture creation, which is believed to be a key engine of economic growth in the coming years.

Partly as a result of the rapid growth in Chinese higher education, graduate placement has become a critical issue facing colleges and universties. In response, one of the policy initiatives adopted by the Chinese government is for higher education institutions to put an emphasis on entrepreneurship education. In 2002, the Ministry of Education launched a pilot program on carrying out entrepreneurship education in nine prestigious higher education institutions in China. Since then, many colleges and universities have adopted this innovation in education. This study attempts to examine entrepreneurship education as an innovative solution to the challenges facing higher education in China. It first introduces the background for promoting entrepreneurship education in China, analyzes the entrepreneurship education programs and activities in three selected universities, assesses the state of entrepreneurship education both from a student perspective and also through a comparison with developments in the United States, and concludes with recommendations for further developments in entrepreneurship education in China's colleges and universities.

This paper deals with local cultural capital as a motivator for entrepreneurial behavior in China. Following the Culture-Based Development paradigm (CBD), the current study approaches local cultural capital as an entity that can be temporarily segmented into living culture and cultural heritage and can be further differentiated type-wise into material cultural capital and immaterial cultural capital. The main hypothesis of this paper is that living culture and cultural heritage have different roles in the direction of effect on entrepreneurial behavior in China. To test this hypothesis, a quantitative research method is utilized and data is collected from China Statistical Yearbooks, the website of Chinese Intangible Cultural Heritage as well as the third and fourth China Economic Census Yearbooks, covering the period from 2010 to 2019 and regarding all 31 provinces of mainland China. This dataset provides indicators for both material and immaterial living culture, respectively represented by the total book circulations in public libraries and performances at art venues, while historical cultural heritage is approximated by intangible cultural heritage (such as the number of folk literature, traditional music, traditional dance and so on) and historical sites. For data analysis, an OLS regression is used to assess the roles of each kind of cultural capital on regional entrepreneurship development. Findings suggest CBD is applicable for analyzing entrepreneurship behavior and the result of the application of model shows a notable impact of culture on entrepreneurship activities in China.