Using a unique census dataset on all industrial firms (with more than 5 million yuan in sales), we document a phenomenon of missing entrepreneurship in Shanghai. Entrepreneurship is defined as private, new entrants in our paper. Specifically, in terms of business density, the size of employment...

This paper is the fourth chapter of a forthcoming book, Capitalism with Chinese Characteristics (New York: Cambridge University Press, July 2008). The book is a narrative account of the evolution of capitalism in China in the last three decades. (The year 2008 marks the 30th anniversary of...

College students are the new force of mass entrepreneurship and innovation. This study classifies 170,759 college students in China by province, based on the institutional theory, and employs necessary condition analysis (NCA) and fuzzy-set qualitative comparative analysis (fsQCA) to analyze six...