Bill Kirby is the Spangler Family Professor of Business Administration at the Harvard Business School and the T. M. Chang Professor of Harvard University
Kirby, along with co-author Abrami, ascertain that China's dynamic private sector could be a source of sustainable growth, but it is constrained by political favouritism toward state-owned corporations. Disruptive innovation, research, and development are limited by concerns about intellectual property protection. Most significant of all is the question of China’s political future: does a system that has overseen dramatic transformations in recent years now have the capacity to transform itself? A lack of accountability, transparency and ease of operating in China—combined with growing evidence of high-level corruption—has made domestic and foreign businesspeople increasingly wary of the “China model.” These issues have deep roots in Chinese history and the country’s political system.