Working Paper: CEPR ID: DP5705
Authors: Simeon Djankov; Yingyi Qian; Grard Roland; Ekaterina Zhuravskaya
Abstract: We compare results from a pilot study on entrepreneurship in China and Russia. Compared to non-entrepreneurs, Russian and Chinese entrepreneurs have more entrepreneurs in their family and among childhood friends, value work more relative to leisure and have higher wealth ambitions. Russian entrepreneurs have a better educational background and their parents were more likely to have been members of the communist party but Chinese entrepreneurs are more risk-taking and greedy and have more entrepreneurs among their childhood friends.
Keywords: China; Entrepreneurs; Entrepreneurship; Russia
JEL Codes: L22; M13; P50
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| social networks (Z13) | entrepreneurship (M13) |
| family entrepreneurs (M13) | entrepreneurship (M13) |
| childhood friends entrepreneurs (L26) | entrepreneurship (M13) |
| work value (D46) | entrepreneurship (M13) |
| wealth ambitions (G51) | entrepreneurship (M13) |
| educational background (I21) | entrepreneurship (M13) |
| greed (D46) | entrepreneurship (M13) |
| perception of institutional environment (D02) | entrepreneurship (M13) |