Template-type: ReDIF-Paper 1.0
Author-Name: Zhang, Ying
Author-Email: zhang@merit.unu.edu
Author-Workplace-Name: UNU-MERIT
Author-Name: Duysters, Geert
Author-Email: duysters@merit.unu.edu
Author-Workplace-Name: Eindhoven University of Technology, Tilburg University,
	 and UNU-MERIT
Title: Entrepreneurship Development and the Role of Economic Transition in 
	 Entrepreneurial Activities in China
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.
Classification-JEL: J23, M13, O11
Keywords: Entrepreneurship development, Economic development, China
Series: UNU-MERIT Working Papers
Creation-Date: 2010
Number: 2010-036
File-URL: https://unu-merit.nl/publications/wppdf/2010/wp2010-036.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2010036