Entrepreneurship in China and Russia Compared
London School of Economics & Political Science (LSE); Peter G. Peterson Institute for International Economics
Tsinghua University - School of Economics & Management; Centre for Economic Policy Research (CEPR)
University of California, Berkeley - Department of Economics; Centre for Economic Policy Research (CEPR)
Paris School of Economics
We compare the results from a survey of 900 entrepreneurs in China and Russia. Compared to a sample of 1,000 non-entrepreneurs, Chinese and Russian entrepreneurs have more family members and childhood friends who started their own businesses. They also have higher wealth ambitions and value work more relative to leisure. Russian entrepreneurs have more education while Chinese entrepreneurs are greedier and more risk-taking.
Number of Pages in PDF File: 12
Keywords: China, Russia, entrepreneurs
JEL Classification: M13, P50
Date posted: March 29, 2006
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