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Are entrepreneurial cultures stable over time? Historical evidence from China

Opper, Sonja LU and Andersson, Fredrik N G LU (2018) In Asia Pacific Journal of Management
Abstract
Are entrepreneurial cultures stable over time? In this paper, we use historical
measures of the outgrowth of entrepreneurial culture in China and test whether these correlate with entrepreneurial activities today. We employ provincial panel data from China documenting the regional distribution of entrepreneurial activities during the Ming Dynasty (1368–1644) and the Qing Dynasty (1644–1912) and private firm activities in post-reform China (1992–2012). Our study finds a significant association between the regional distribution of historical and current measures of entrepreneurship, supporting (1) the long-term stability of underlying regional cultural differences; and (2) the adaptability of entrepreneurial activities to changing... (More)
Are entrepreneurial cultures stable over time? In this paper, we use historical
measures of the outgrowth of entrepreneurial culture in China and test whether these correlate with entrepreneurial activities today. We employ provincial panel data from China documenting the regional distribution of entrepreneurial activities during the Ming Dynasty (1368–1644) and the Qing Dynasty (1644–1912) and private firm activities in post-reform China (1992–2012). Our study finds a significant association between the regional distribution of historical and current measures of entrepreneurship, supporting (1) the long-term stability of underlying regional cultural differences; and (2) the adaptability of entrepreneurial activities to changing institutional arrangements and relative payoff structures. These results are robust to numerous alternative explanations, including geography, agglomeration advantages, education, and technology.
Our findings suggest that government efforts to encourage new business ventures—if they are to have more than short-term effects—will need to take into account local cultural norms. (Less)
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organization
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Contribution to journal
publication status
epub
subject
keywords
Entrepreneurship, Entrepreneurial culture , Long-term stability, Private firms, China , L26, M13, N35, P31, R11
in
Asia Pacific Journal of Management
external identifiers
  • scopus:85046020777
language
English
LU publication?
yes
id
4b074130-0a0d-4e77-9060-8f992dba9ec1
date added to LUP
2018-04-29 18:58:50
date last changed
2018-05-13 04:40:03
@article{4b074130-0a0d-4e77-9060-8f992dba9ec1,
  abstract     = {Are entrepreneurial cultures stable over time? In this paper, we use historical<br/>measures of the outgrowth of entrepreneurial culture in China and test whether these correlate with entrepreneurial activities today. We employ provincial panel data from China documenting the regional distribution of entrepreneurial activities during the Ming Dynasty (1368–1644) and the Qing Dynasty (1644–1912) and private firm activities in post-reform China (1992–2012). Our study finds a significant association between the regional distribution of historical and current measures of entrepreneurship, supporting (1) the long-term stability of underlying regional cultural differences; and (2) the adaptability of entrepreneurial activities to changing institutional arrangements and relative payoff structures. These results are robust to numerous alternative explanations, including geography, agglomeration advantages, education, and technology.<br/>Our findings suggest that government efforts to encourage new business ventures—if they are to have more than short-term effects—will need to take into account local cultural norms.},
  author       = {Opper, Sonja and Andersson, Fredrik N G},
  keyword      = {Entrepreneurship,Entrepreneurial culture ,Long-term stability,Private firms,China ,L26, M13, N35, P31, R11 },
  language     = {eng},
  month        = {04},
  series       = {Asia Pacific Journal of Management},
  title        = {Are entrepreneurial cultures stable over time? Historical evidence from China},
  year         = {2018},
}