Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28865 |
来源ID | Working Paper 28865 |
Entrepreneurial Reluctance: Talent and Firm Creation in China | |
Chong-En Bai; Ruixue Jia; Hongbin Li; Xin Wang | |
发表日期 | 2021-05-31 |
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 structure. 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 | Public Economics ; Labor Economics ; Labor Supply and Demand ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w28865 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586539 |
推荐引用方式 GB/T 7714 | Chong-En Bai,Ruixue Jia,Hongbin Li,et al. Entrepreneurial Reluctance: Talent and Firm Creation in China. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28865.pdf(2601KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。