Entrepreneurship Development and the Role of Economic Transition in Entrepreneurial Activities in China

Zhang, Ying and Duysters, Geert (2010). Entrepreneurship Development and the Role of Economic Transition in Entrepreneurial Activities in China. UNU-MERIT.

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  • Author Zhang, Ying
    Duysters, Geert
    Title Entrepreneurship Development and the Role of Economic Transition in Entrepreneurial Activities in China
    Publication Date 2010
    Publisher UNU-MERIT
    Abstract This study aims to elaborate entrepreneurship development in China and the role of China’s economic transition in entrepreneurial activities. Besides addressing China’s institutional transition environment, which is argued as the necessary condition of entrepreneurship development and as the ‘incubator’ of three generations of entrepreneurs in China, the applied panel dataset was organized by collecting data from 31 provinces in China in recent 4 years. Our results show that China’s economic development has a significant inversed U-shaped impact on entrepreneurship development in the transitional stage from efficient-driven to innovation-driven economy. Complementary conclusions in the recent transitional stage include that education resource and regional economic openness respectively has significantly positive impact on entrepreneurship. The interactive effect of education resources and economic openness was also found significantly positive but results associated with unemployment’s impact present that unemployment executes negative impact insignificantly, which is consistent with the fact of China’s entrepreneurship development is approaching to opportunity-oriented stage in recent years.
    UNU Topics of Focus Economic development
    Keyword Entrepreneurship development
    Economic development
    China
    JEL J23
    M13
    O11
    Copyright Holder UNU-MERIT
    Copyright Year 2010
    ISSN 1871-9872
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    Created: Wed, 11 Dec 2013, 16:48:09 JST