人力资本与创业

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2021-08-25 DOI:10.1086/716344

N. Qin, Dongmin Kong

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引用次数: 24

摘要

本研究探讨人力资本对创业的因果关系。我们以1999年中国高等教育扩招为外生冲击，进行了差异中差异估计，发现人力资本对创业有显著的促进作用。我们的结果对不同的规格和措施是稳健的。我们基于两个可选的自然实验:中国大学搬迁(1952年)和重启高考(1977年)提供了支持性证据。驱动我们结果的合理机制是资源获取、机会识别和劳动力成本的降低。我们还发现，机构质量、信任和融资条件显著强化了我们的发现。

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Human Capital and Entrepreneurship

This study investigates the causal effect of human capital on entrepreneurship. We use China’s higher-education expansion in 1999 as an exogenous shock to conduct difference-in-differences estimation and find that human capital enhances entrepreneurship significantly. Our results are robust to different specifications and measures. We provide supportive evidence based on two alternative natural experiments: China’s university relocation (1952) and the restart of the college entrance exam (1977). Plausible mechanisms that drive our results are resource acquisition, opportunity identification, and decrease in labor cost. We also find that institutional quality, trust, and financing conditions significantly strengthen our findings.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.