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Are entrepreneurial cultures stable over time? Historical evidence from China

机译:创业文化会随着时间推移稳定吗?

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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.
机译:创业文化会随着时间推移稳定吗?在本文中,我们使用了中国企业家文化消亡的历史测度,并检验了这些测度是否与当今的企业家活动相关。我们采用了来自中国的省级面板数据,这些数据记录了明朝(1368-1644)和清朝(1644-1912)创业活动以及改革后中国(1992-2012)私营企业活动的区域分布。我们的研究发现,历史的区域分布与当前的企业家精神度量之间存在显着的关联,从而支持(1)潜在的区域文化差异的长期稳定性; (2)创业活动对不断变化的制度安排和相对收益结构的适应性。这些结果对于包括地理,集聚优势,教育和技术在内的众多替代解释都是有力的。我们的研究结果表明,政府为鼓励新的商业活动而进行的努力(如果要产生更多的短期影响)将需要考虑当地的文化规范。

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