On the Quality of Modern Entrepreneurs with a Review of the Crisis of Nanjing Electricity Industry in the Beiyang Period

Abstract

<p indent="0mm">The period of the Beiyang government served as a critical period for China as the latter transformed from an agricultural country to an industrial country. Furthermore, it also signified the beginning of China’s electrical industry; however,the latter’s development was slow owing to the dearth of modern entrepreneurs. Shan Yubin, one of the principals of the Nanjing Ele ctric Light Factory, solved the problem of an imbalance between supply and demand in the Nanjing electric industry by rectifying the Nanjing Electric Power System and establishing the Xiaguan Power Station. Consequently, the trust of users and official management were restored. Although Shan Yubin’s involvement was accidental，the future development of the Nanjing electric industry relies on modern entrepreneurs such as Shan Yubin. The latter possess electrical knowledge, management experience,coordination and leadership skills, and the ability to solve practical difficulties. Therefore, modern entrepreneurs are key to resolving the Nanjing electrical industry crisis.