Factors Influencing The Formation Of Entrepreneurs In China And The United States

There is a dearth of literature aimed at understanding Chinese entrepreneurs compared with the amount of literature on American entrepreneurs. There are even fewer studies that compare Chinese and American entrepreneurs. As the interdependence of the economic superpowers continues to grow, it becomes increasingly important to understand similarities and differences between the two groups. Furthermore, researching the two groups can result in a greater understanding of the entrepreneur versus research which focuses only on one socio-culture. In this study Chinese and American researchers collected responses from279Chinese and American established entrepreneurs in China and the United States. The goal of the research is to develop greater understanding of how culture, economics and policy influence the formation of their ventures. The results of our study indicate a significant difference in Chinese and American response to policy. The significant difference in policy response might justify further research, and could indicate that policy is more important to the Chinese entrepreneur. A contribution to existing entrepreneurial theory was made regarding the similarities of networking regardless of cultural environment. Additionally, pluralistic views were used to analyze economics relationship with entrepreneurship. A three dimensional conceptual model was used, measuring culture, economics and policy.