I think "run the state-owned enterprises" will be more fitting here. They're neck deep with bureaucracy and unrelated whatnots like having to document and display the visitations of mr. X or mrs.Y who are more often than not have no real business there. Or that their wives' also think that they're important enough to exist in the company's news front page, and so on, and so on...It is not about mentality, it is basically how most of them run the business. Even the brightess mind will find it hard to place long term plan to happen due to rules, regulation, etc. This situation force them in a way to only able to conduct short term plan thus becoming opportunist.
Gahhh!!!
While there are some private companies here that can design and produce much better things at (probably) much lower cost, but yeah, we all know how tight their grips on the market in this country which is already small to begin with.