G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5838
DP5838 Can You Teach Old Dragons New Tricks? FDI and Innovation Activity in Chinese State-Owned Enterprises
Sourafel Girma; Holger Görg; Yundan Gong
发表日期2006-09-17
出版年2006
语种英语
摘要We document that the fraction of entrepreneurs who work in the region where they were born is significantly higher than the corresponding fraction for dependent workers. This difference is more pronounced in more developed regions and positively related to the degree of local financial development. Firms created by locals are more valuable and bigger (in terms of capital and employment), operate with more capital intensive technologies, and are able to obtain greater financing per unit of capital invested, than firms created by non-locals. This evidence suggests that there are so many local entrepreneurs because locals can better exploit the financial opportunities available in the region where they were born. This can help in explaining how local financial development causes persistent disparities in entrepreneurial activity, technology, and income.
主题Labour Economics
关键词entrepreneurship Economic and financial development Social capital
URLhttps://cepr.org/publications/dp5838
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534677
推荐引用方式
GB/T 7714
Sourafel Girma,Holger Görg,Yundan Gong. DP5838 Can You Teach Old Dragons New Tricks? FDI and Innovation Activity in Chinese State-Owned Enterprises. 2006.
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