China's Entrepreneurs.

Working paper

This paper investigates the traits of the self-employed entrepreneurs in urban China, an economy rife with informational and institutional imperfections, underdeveloped financial markets, but a growing and important non-state sector. The selfemployed make on average 20% more than non-entrepreneurs, but are similar in their age, marital status, educational attainment, and socio-economic background. Fewer are Communist Party members and more have experienced unemployment. Social networks are significant in entrepreneurship, while women and older workers are less likely to become self-employed unless they have experienced unemployment. Motivation and drive, as do attitudes toward risk, are also determinative factors.

Authors: Yueh, L

• Publisher: Department of Economics (University of Oxford)
• Series: Discussion paper series
• Publication date: 2007-01-01
• Language: English