Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/37547
Title: Entrepreneurship and Enterprises Growth in the Industrialization of Private Sector: Evidence from Wenzhou
Authors: YAN FEI
Keywords: Wenzhou, Entrepreneurship, SME, Private Sector, occupational choice, Entrepreneurs
Issue Date: 31-Oct-2012
Source: YAN FEI (2012-10-31). Entrepreneurship and Enterprises Growth in the Industrialization of Private Sector: Evidence from Wenzhou. ScholarBank@NUS Repository.
Abstract: Wenzhou is historically famous for its entrepreneurs. With disadvantageous initial conditions, however, strong industrial growth has occurred in the Wenzhou region in the last two decades. In this paper, by applying the occupational choice model which involves wealth evolution in an imperfect credit market, we try to identify key factors behind the evolution of Wenzhou private enterprises. Relying on a probabilistic firm survey that was carried out in Wenzhou for three industries (shoes, eyeglasses and general equipment), we identify through empirical analysis how the entrepreneurship plays its role and what are the patterns of entrepreneurship in Wenzhou that have facilitated the industrialization of private sector.
URI: http://scholarbank.nus.edu.sg/handle/10635/37547
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