【摘要】 诺思悖论揭示:国家的存在既是经济增长的关键,同时也是经济衰退的根源。官督商办是洋务运动创办民用工业的一种企业模式,这一制度借鉴了西方股份制的筹资模式,但未能从根本上摆脱传统的国家干预主义的路径依赖,因此仍属"器物"模仿而非制度创新。官督商办企业在创办初期曾取得了一定成绩,但随着官权的日益膨胀,市场主体的经营权受到干涉、财产权益受到侵害,民族资本主义的发展潜力受到压制,官督商办企业模式最终走向失败。更多还原

【Abstract】 North’s paradox revealed that the existence of the country is key to economic growth as well as the cause of economic recession.The Government-Supervised and Merchant-Run System was a business model of founding civilian industry in the Westernization Movement,which included many factors of traditional Chinese society while learning from the Western model of joint-stock financing.It failed to free themselves from the path dependence of State-Interventionism therefore was still imitation on artifacts rather than the system innovation.It won some achievements in the initial phase,but with the increasing expansion of the power of officials,the market players’ right to operate subject and property rights was infringed,and the development potential of national capitalism was suppressed,which ultimately lead to its failure.更多还原