Entrepeneurship development and the role of economic transition in entrepreneurial activities in China
Zhang, Ying and Duysters, Geert, "Entrepeneurship development and the role of economic transition in entrepreneurial activities in China" Globelics 2010: VIII International Conference, Kuala Lumpur, 2010/11/01-03.
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Conference Publication
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Sub-type Conference paper Author Zhang, Ying
Duysters, GeertTitle Entrepeneurship development and the role of economic transition in entrepreneurial activities in China Place of Publication Kuala Lumpur Pages 44 Title of Event Globelics 2010: VIII International Conference Date of Event 2010/11/01-03 Place of Event Kuala Lumpur Language eng Abstract This study aims to elaborate on the entrepreneurship development in China and the role of China's economic transition in Chinese entrepreneuerial activities. We address China's institutional transition environment, which is argued as the necessary condition of entrepreneurship development and the 'incubator' of three generations of entrepreneuerial activities. We make use of a panel dataset from 31 provinces in China in the past 4 years. Our results show that China's economic development has a significant inversed U-shaped impact on entrepreneurship development in China's transitional stage from an efficiency-driven to an innovation-driven economy. Further findings in the recent transitional stage show that education resoruce and regional economic openness respectively has significantly positive impaxt on entrepreneurship. The interactive effects of education resources and economis openness were also found tro be significantly positive. We show that the fact of China's entrepreneurship development is approaching to the opportunity-oriented polar in recent years. -
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