ENTREPRENEURSHIP IN CHINA AND RUSSIA COMPARED, by Simeon Djankov,
Yingyi Qian, Gérard Roland3, Ekaterina Zhuravskaya, Journal of the European Economic Association, Volume 4, Issue 2-3, pages 352–365, April-May 2006
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. (JEL: M13, 012, P12)