Who Are China’s Entrepreneurs?
AbstractSocial 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.
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Bibliographic InfoPaper provided by Center for Economic and Financial Research (CEFIR) in its series Working Papers with number w0047.
Date of creation: Oct 2005
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Other versions of this item:
- NEP-ALL-2006-07-09 (All new papers)
- NEP-CNA-2006-07-09 (China)
- NEP-DEV-2006-07-09 (Development)
- NEP-ENT-2006-07-09 (Entrepreneurship)
- NEP-SEA-2006-07-09 (South East Asia)
- NEP-SOC-2006-07-09 (Social Norms & Social Capital)
- NEP-TRA-2006-07-09 (Transition Economics)
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