Research On The Influence Of Business Environment And Entrepreneurship On The Development Of China’s Real Economy

Based on the development trend of the current economy from "virtual" to "real",this paper studies the influence of entrepreneurship and business environment on the development of real economy,and analyzes and analyzes it from the micro level and the macro level,hoping to propose the current real economy development.Practical policy recommendations also attempt to propose a possible path for the development of the real economy from the perspective of improving the business environment and fostering entrepreneurship.Based on the data of Chinese listed companies from 2008 to 2016,this paper constructs an enterprise-level entrepreneurial measurement system to conduct empirical tests.The results show that:First,the cultivation of entrepreneurship and the improvement of the business environment promote the development of physical enterprises,and further Testing the synergy between entrepreneurship and the business environment is also an important source of power for the development of the real economy.Second,this paper finds that the cultivation of entrepreneurship and the improvement of the business environment have less impact on the development of state-owned enterprises.The possible reason is that state-owned enterprises are not sensitive enough to the changes in the business environment.Thirdly,this paper proposes a threshold effect on the impact of the business environment on the performance of the entity,and conducts an empirical test.This paper also uses the provincial panel data to analyze and demonstrate from the macro level,further affirming the positive impact of the business environment and entrepreneurship on the development of the real economy,and proposes policy recommendations based on the argumentation point of this paper.