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Entrepreneurship in China and Russia Compared

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

Journal of the European Economic Association, 2006, vol. 4, issue 2-3, 352-365

Abstract: We compare results from a pilot study on entrepreneurship in China and Russia. Compared to non-entrepreneurs, Russian and Chinese entrepreneurs have more entrepreneurs in their family and among childhood friends, value work more relative to leisure and have higher wealth ambitions. Russian entrepreneurs have a better educational background and their parents were more likely to have been members of the Communist Party but Chinese entrepreneurs are more risk-taking and greedy and have more entrepreneurs among their childhood friends. (JEL: M13, 012, P12) (c) 2006 by the European Economic Association.

Date: 2006
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