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Entrepreneurship in China and Russia Compared

Author

Listed:
  • Simeon Djankov
  • Yingyi Qian
  • Gérard Roland
  • Ekaterina Zhuravskaya

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.

Suggested Citation

  • Simeon Djankov & Yingyi Qian & Gérard Roland & Ekaterina Zhuravskaya, 2006. "Entrepreneurship in China and Russia Compared," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 352-365, 04-05.
    • Handle: RePEc:tpr:jeurec:v:4:y:2006:i:2-3:p:352-365
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises

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