DP5705 Entrepreneurship in China and Russia Compared
|Author(s):||Simeon Djankov, Yingyi Qian, Gérard Roland, Ekaterina Zhuravskaya|
|Publication Date:||June 2006|
|Programme Areas:||Institutions and Economic Performance|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=5705|
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.