An Empirical Analysis Of The Impact Of China's Foreign Trade On Entrepreneurship

In recent years,with China's economic development into a new stage,the issue of entrepreneurship has become a hot topic of concern.In the country to promote"Entrepreneurship and Innovation" and foreign trade development bottlenecks encountered,the study of the relationship between the two has a certain practical significance.Based on the above research background and significance,this paper firstly analyzes the current situation of China's foreign trade and entrepreneurship,and then uses the specific factor model to analyze the relationship between foreign trade and entrepreneurship from two aspects:mathematical and graphic.This paper constructs the panel metering model and carries on the empirical test to the panel data of 30 provinces and cities in China from 2003 to 2014.The theoretical analysis shows that under the influence of international trade,the factors such as productivity,technological progress and capital accumulation will act on the entrepreneurial sector,thus increasing the number of entrepreneurship,and the combined effect of various factors will have a positive effect on entrepreneurship.The empirical results show that China's foreign trade has a significant positive impact on entrepreneurship.The promotion effect of export trade is greater than that of import trade.The positive effect of import trade is only significant in the east and west.In addition,financial development has a significant effect on entrepreneurship.The impact of human capital on entrepreneurship is significantly negative in three regions,and the symbol at the national level is negative but not significant.The material capital coefficient is significantly positive at the national level and the regional level panel model.The impact of the industry wage gap on entrepreneurship is significant only in the eastern and western regions,and is not significant in the central and national levels.On the basis of theoretical and empirical analysis,the author puts forward some relevant policy suggestions such as optimizing the proportion of exports and imports,and innovating the national trade strategy,and regulating capital and technology investment,and hatching outstanding entrepreneurship projects of trade,and deepening financial system reform,and supporting the development of trade enterprises,and executing tax preferential policies,and attracting trade enterprises stationed,so as to promote the development of China's entrepreneurial activities,and thus promote the Chinese economy better and faster through the transition period.