Micro Retail Enterprises in China: Challenging the Stereotype

Huber, Walter; Brady, Martin; Qin, Deng; Wei, Xinxin; Zhang, Man; Zhang, Ruizhen; Zhang, Xiaoxuan

doi:10.17265/1548-6591/2017.02.002

UCPA

2017

DOI: 10.17265/1548-6591/2017.02.002

|View full text |Cite

Micro Retail Enterprises in China: Challenging the Stereotype

Walter Huber¹,

Martin Brady²,

Deng Qin³

et al.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2018

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

References 9 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Micro-Retail Enterprises in China: Change and Continuity

Huber¹,

Sun²,

Feng³

et al. 2018

UCPA

View full text Add to dashboard Cite

Micro-retail enterprises (MREs) have had to adapt to changing conditions in regards to mobile payments (m-payments) and access to loans. The authors built on the published results of two previous surveys of MREs. One thousand nine hundred and ninety-eight MREs in four cities in China were surveyed in May and June of 2018 to determine the use and importance of m-payments to their business, their access to loans, and patterns of entrepreneurship. While some trends remain unchanged, at least two significant findings emerge. M-payments have not only gained almost universal acceptance by MREs in China; they are the overwhelmingly preferred payment method. In our last paper, we argued that "m-payments may represent a form of leapfrogging technology which will spur growth in this sector" and this paper provides additional evidence this is occurring. M-payments show every sign of being an example of a leapfrogging technology that is quickly changing the rules for retail in the MRE sector and opening new opportunities for businesses while lowering transaction costs, reducing fraud, and improving customer satisfaction. There are intriguing implications, including changes to the pace of m-payments replacing credit cards. Second, while it remains true that overall, access to loans for MREs is limited; there is a great deal of variation between tier-one cities and tier-two and tier-three cities.

show abstract

Micro-Retail Enterprises in China: Change and Continuity

Huber¹,

Sun²,

Feng³

et al. 2018

UCPA

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

hi@scite.ai

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Micro Retail Enterprises in China: Challenging the Stereotype

Cited by 1 publication

References 9 publications

Micro-Retail Enterprises in China: Change and Continuity

Micro-Retail Enterprises in China: Change and Continuity

Contact Info

Product

Resources

About