China`s Entrepreneurs

Linda Yueh

No 324, Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: This paper investigates the traits of the self-employed entrepreneurs in urban China, an economy rife with informational and institutional imperfections, under-developed financial markets, but a growing and important non-state sector. The self-employed make on average 20% more than non-entrepreneurs, but are similar in their age, marital status, educational attainment, and socio-economic background. Fewer are Communist Party members and more have experienced unemployment. Social networks are significant in entrepreneurship, while women and older workers are less likely to become self-employed unless they have experienced unemployment. Motivation and drive, as do attitudes toward risk, are also determinative factors.

Keywords: Asia; China; Self-employment; Entrepreneurship; Social networks; Development (search for similar items in EconPapers)
JEL-codes: J44 O12 O53 (search for similar items in EconPapers)
Date: 2007-04-01
New Economics Papers: this item is included in nep-cna, nep-dev, nep-ent, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: China's Entrepreneurs (2009)
Working Paper: China's Entrepreneurs (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:324

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