Who has ‘the right stuff’? human capital, entrepreneurship and institutional change in China

@article{Eesley2009WhoH,
  title={Who has ‘the right stuff’? human capital, entrepreneurship and institutional change in China},
  author={Charles E. Eesley},
  journal={PICMET '09 - 2009 Portland International Conference on Management of Engineering & Technology},
  year={2009},
  pages={1919-1944}
}
This paper argues that, contrary to conventional thought, the market development of the institutional environment not only lowers constraints to entrepreneurship, but in addition, encourages those of higher ability to choose entrepreneurship through an increase in expected returns. The data exploits a natural experiment to explore the transition to… CONTINUE READING