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China`s Entrepreneurs

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  • Linda Yueh

Abstract

This paper investigates the traits of the self-employed entrepreneurs in urban China, an economy rife with informational and institutional imperfections, under-developed financial markets, but a growing and important non-state sector. The self-employed make on average 20% more than non-entrepreneurs, but are similar in their age, marital status, educational attainment, and socio-economic background. Fewer are Communist Party members and more have experienced unemployment. Social networks are significant in entrepreneurship, while women and older workers are less likely to become self-employed unless they have experienced unemployment. Motivation and drive, as do attitudes toward risk, are also determinative factors.

Suggested Citation

  • Linda Yueh, 2007. "China`s Entrepreneurs," Economics Series Working Papers 324, University of Oxford, Department of Economics.
  • Handle: RePEc:oxf:wpaper:324
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    File URL: http://www.economics.ox.ac.uk/materials/working_papers/paper324.pdf
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    References listed on IDEAS

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    Cited by:

    1. Démurger, Sylvie & Xu, Hui, 2011. "Return Migrants: The Rise of New Entrepreneurs in Rural China," World Development, Elsevier, pages 1847-1861.
    2. Tattara, Giuseppe, 2012. "From competitive advantage to dynamic capabilities: small and medium-sized multinationals in Asia," MPRA Paper 39364, University Library of Munich, Germany.
    3. Giuseppe Tattara, 2012. "Flexible Strategy for Small and Medium-sized Multinationals in Asia," Working Papers 2012_06, Department of Economics, University of Venice "Ca' Foscari", revised 2012.
    4. Oukham Sisounonth & Xayphone Kongmanila, 2014. "A Study on SME Development in Laos: The Case of Commerce Sector in Vientiane Capital," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 2(6), pages 246-255, June.
    5. Hu, Feng, 2015. "Return to Education for China’s Return Migrant Entrepreneurs," World Development, Elsevier, vol. 72(C), pages 296-307.
    6. Quheng Deng & Bjorn Gustafsson, 2011. "A New Episode of Increased Urban Income Inequality in China," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 201116, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
    7. Tattara, Giuseppe, 2010. "Offshoring to China and India: Case Studies of Italian Small-Medium-sized Firms," MPRA Paper 29175, University Library of Munich, Germany, revised 2010.
    8. Mahé, Clothilde, 2016. "Skills and entrepreneurship: Are return migrants 'Jacks-of-all-trades'?," MERIT Working Papers 071, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    9. Feng Hu, 2014. "Risk Attitudes and Self-employment in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(3), pages 101-120, July.
    10. Ramani, Shyama V. & Thutupalli, Ajay & Medovarski, Tamas & Chattopadhyay, Sutapa & Ravichandran, Veena, 2013. "Women entrepreneurs in the informal economy: Is formalization the only solution for business sustainability?," MERIT Working Papers 018, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

    More about this item

    Keywords

    Asia; China; Self-employment; Entrepreneurship; Social networks; Development;

    JEL classification:

    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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