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Entrepreneurship: First Results from Russia

Simeon Djankov (), Edward Miguel, Yingyi Qian, Gérard Roland () and Ekaterina Zhuravskaya ()

No 5707, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Studies of the determinants of entrepreneurship have emphasized three distinct perspectives: market institutions, social networks and personal characteristics. Using data from a pilot survey with over 2,000 interviews in 7 cities across Russia, we find evidence for a particularly strong effect of social networks: individuals whose relatives and childhood friends are entrepreneurs are more than twice as likely to be entrepreneurs. Mothers’ characteristics play a significant role in determining future entrepreneurs.

New Economics Papers: this item is included in nep-cse, nep-ent, nep-soc and nep-tra
Date: 2006-06
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