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Who Are China’s Entrepreneurs?

Simeon Djankov, Yingyi Qian (yqian@econ.berkeley.edu), Gérard Roland and Ekaterina Zhuravskaya
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Yingyi Qian: UC Berkeley and CEPR

No w0047, Working Papers from New Economic School (NES)

Abstract: Social scientists studying the determinants of entrepreneurship have emphasized three distinct perspectives: the role of institutions, the role of social networks and the role of personal characteristics. We conduct a survey from five large developing and transition economies to better understand entrepreneurship in view of these three perspectives. Using data from a pilot study with over 2,000 interviews in 7 cities across China, we find that compared to non entrepreneurs, entrepreneurs are much more likely to have family members who are entrepreneurs as well as childhood friends who became entrepreneurs, suggesting that social networks play an important role in entrepreneurship. Entrepreneurs also differ strongly from non entrepreneurs in their attitudes towards risk and their work-leisure preferences.

Date: 2005-10
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https://www.nes.ru/files/Preprints-resh/entChina-wp.pdf (application/pdf)

Related works:
Journal Article: Who Are China's Entrepreneurs? (2006) Downloads
Working Paper: Who Are China's Entrepreneurs? (2006) Downloads
Working Paper: Who Are China’s Entrepreneurs? (2005) Downloads
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