Entrepreneurship in China and Russia Compared

12 Pages Posted: 29 Mar 2006  

Simeon Djankov

London School of Economics & Political Science (LSE); Peter G. Peterson Institute for International Economics

Yingyi Qian

Tsinghua University - School of Economics & Management; Centre for Economic Policy Research (CEPR)

Gérard Roland

University of California, Berkeley - Department of Economics; Centre for Economic Policy Research (CEPR)

Ekaterina Zhuravskaya

Paris School of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: January 2006

Abstract

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.

Keywords: China, Russia, entrepreneurs

JEL Classification: M13, P50

Suggested Citation

Djankov, Simeon and Qian, Yingyi and Roland, Gérard and Zhuravskaya, Ekaterina, Entrepreneurship in China and Russia Compared (January 2006). Available at SSRN: https://ssrn.com/abstract=893326 or http://dx.doi.org/10.2139/ssrn.893326

Simeon Djankov (Contact Author)

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

Peter G. Peterson Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036
United States

Yingyi Qian

Tsinghua University - School of Economics & Management

Beijing, 100084
China

Centre for Economic Policy Research (CEPR)

77 Bastwick Street
London, EC1V 3PZ
United Kingdom

Gérard Roland

University of California, Berkeley - Department of Economics ( email )

549 Evans Hall #3880
Berkeley, CA 94720-3880
United States
510-642-4321 (Phone)
510-642-6615 (Fax)

Centre for Economic Policy Research (CEPR)

77 Bastwick Street
London, EC1V 3PZ
United Kingdom

Ekaterina V. Zhuravskaya

Paris School of Economics ( email )

48 Boulevard Jourdan
Paris, 75014 75014
France

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