The state acts through the market: ‘State entrepreneurialism’ beyond varieties of urban entrepreneurialism/
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ArticlePublication details: sage, 2020.Description: Vol 10, issue 3, 2020 : (326–329 p.)Online resources:
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Dialogues in human geographySummary: This commentary reflects on varieties of urban entrepreneurialism and rethinks its application to China. I argue that the state is proactively using market instruments for more strategic and developmental objectives in China. Characterized by ‘planning centrality, market instruments’, state entrepreneurialism manifests a different state–market relation: the state acts through the market rather than just being market friendly. In the post-crisis West, it is claimed that urban entrepreneurialism mutates into a financialized value extraction machine. Similarly, state entrepreneurialism reveals the usefulness but also the limits of the concept of urban entrepreneurialism. State entrepreneurialism adds a new narrative to the current description of governance changes associated with financialization and market operations.
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E-Journal
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Library, SPAB | Vol. 10 No.1-3 (2020) | Available |
This commentary reflects on varieties of urban entrepreneurialism and rethinks its application to China. I argue that the state is proactively using market instruments for more strategic and developmental objectives in China. Characterized by ‘planning centrality, market instruments’, state entrepreneurialism manifests a different state–market relation: the state acts through the market rather than just being market friendly. In the post-crisis West, it is claimed that urban entrepreneurialism mutates into a financialized value extraction machine. Similarly, state entrepreneurialism reveals the usefulness but also the limits of the concept of urban entrepreneurialism. State entrepreneurialism adds a new narrative to the current description of governance changes associated with financialization and market operations.
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