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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16185 |
DP16185 Entrepreneurial Reluctance: Talent and Firm Creation in China | |
Chong-En Bai; Hongbin Li; Ruixue Jia; Xin Wang | |
发表日期 | 2021-05-24 |
出版年 | 2021 |
语种 | 英语 |
摘要 | The theoretical literature has long noted that talent can be used in both the entrepreneurial and non-entrepreneurial sectors, and its allocation depends on the reward restructure. We test these hypotheses by linking administrative college admissions data for 1.8 million individuals with the universe of firm registration records in China. Within a college, we find that individuals with higher college entrance exam scores -- the most important measure of talent in this context -- are less likely to create firms, but, when they do, their firms are more successful than those of their lower-score counterparts. Additional survey data suggest that higher-score individuals enjoy higher wages and are more likely to join the state sector. Moreover, the score-to-firm creation relationship varies greatly across industry, according to the size of the state sector. These findings suggest that the score is positively associated with both entrepreneurial ability and wage-job ability but higher-score individuals are attracted away by wage jobs, particularly those of the state sector. |
主题 | Development Economics ; Organizational Economics ; Public Economics |
关键词 | Human capital Allocation of talent Firm entry and exit Firm success |
URL | https://cepr.org/publications/dp16185-3 |
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/545157 |
推荐引用方式 GB/T 7714 | Chong-En Bai,Hongbin Li,Ruixue Jia,et al. DP16185 Entrepreneurial Reluctance: Talent and Firm Creation in China. 2021. |
条目包含的文件 | 条目无相关文件。 |
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