Looking for the Impact of Entrepreneurship on Regional Economic Resilience in China

Yigong Gao ()
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Yigong Gao: School of Economics, Lanzhou University, Lanzhou 730000, China

Sustainability, 2025, vol. 17, issue 4, 1-22

Abstract: In order to realize the sustainable development of a regional economy, it is necessary to explore the main influencing factors and effective ways to enhance regional economic resilience. Among them, active entrepreneurship helps an economy and society to quickly reorganize and resume normal production and life after being affected by external shocks so as to reflect better regional economic resilience and sustainability. However, the existing research results lack a discussion of the path-dependent characteristics of regional economic resilience. At the same time, most of them focus on the external impact at the macro level, while ignoring the impact of heterogeneous entrepreneurship as a kind of social culture. Thus, based on the general equilibrium theory of imperfectly competitive markets, this paper constructs a theoretical model and empirically examines the mechanism of the impact of entrepreneurship on the regional economic resilience of Chinese provinces before and after the global financial crisis in 2008. The findings reveal that proactive entrepreneurship significantly boosts regional economic resilience. Moreover, the entrepreneurial spirit and innovative spirit in entrepreneurship have differentiated effects on the technological correlation degree and complexity degree used to measure evolutionary economic resilience, respectively. The research conclusions provide supporting evidence and a policy reference for government and society to promote the “mass entrepreneurship and innovation” strategy and enhance regional economic resilience.

Keywords: entrepreneurship; regional economic resilience; technological correlation degree; technological complexity degree; general equilibrium analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
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