| Entrepreneurship in Development: (2008) | |||||||||||||
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. Entrepreneurs in both countries face significant credit constraints but Chinese entrepreneurs have a more favorable perception than Russian entrepreneurs of their institutional environment. | |||||||||||||
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