G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16185
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
URLhttps://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.
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