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DP5705 Entrepreneurship in China and Russia Compared

Author(s): Simeon Djankov , Yingyi Qian , Gérard Roland , Ekaterina Zhuravskaya
Publication Date: June 2006
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Programme Areas: Institutions and Economic Performance
Link to this Page: www.cepr.org/pubs/dps/DP5705.asp


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.

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