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This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …
Persistent link: https://www.econbiz.de/10013155593
Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...
Persistent link: https://www.econbiz.de/10012898724
Since Chinese government initiated economic reform in the late 1970s, entrepreneurship and private sectors have emerged … gradually and played an increasingly important role in promoting economic growth. However, entrepreneurship is distributed … of entrepreneurship for both manufacturing and services. For both sectors, entrepreneurship (measured by new private …
Persistent link: https://www.econbiz.de/10012945239
Using the 2017 China Household Finance Survey (CHFS), we estimate the effect of higher education on entrepreneurship … education are less likely to enter entrepreneurship in general, obtaining any qualification beyond the baseline of compulsory …
Persistent link: https://www.econbiz.de/10013228954
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We analyze shifts in the structure of China's capital outflows over the past decade. The composition of gross outflows has shifted from accumulation of foreign exchange reserves by the central bank to nonofficial outflows. Unlocking the enormous pool of domestic savings could have a significant...
Persistent link: https://www.econbiz.de/10012840445
China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country's low levels of financial and institutional development, state-dominated economy, and nondemocratic government. Notwithstanding the inefficient and risky growth model, the...
Persistent link: https://www.econbiz.de/10014354664
The number of private enterprises in China has grown rapidly, and donations from them are an important source of philanthropy in China today. This paper investigates donations given in 2011 by private enterprises using a survey of data covering all 31 provincial-level units of China. The data...
Persistent link: https://www.econbiz.de/10012985276