9 Pages Posted: 29 Mar 2006
Date Written: December 2005
It has been increasingly recognized that entrepreneurs play a crucial role in successful economies. Yet research on entrepreneurs is rather limited. In this paper we study 414 Chinese entrepreneurs and 561 Chinese non-entrepreneurs with similar age and education characteristics. We find that entrepreneurs differ strongly from non-entrepreneurs in their attitude towards risk and their work-leisure preferences, echoing Schumpeter. Entrepreneurs are much more likely to have family members who were entrepreneurs as well as childhood friends who became entrepreneurs. Finally, failed entrepreneurs score the worst on aptitude tests yet have the best self-reported performance in school.
Keywords: China, entrepreneurs
JEL Classification: M13, P50
Suggested Citation: Suggested Citation
Djankov, Simeon and Qian, Yingyi and Roland, Gérard and Zhuravskaya, Ekaterina, Who are China's Entrepreneurs? (December 2005). Available at SSRN: https://ssrn.com/abstract=893324 or http://dx.doi.org/10.2139/ssrn.893324