Does FDI Boost City Entrepreneurship? The Mechanisms and Empirical Evidence from Prefecture Cities in China
Tang Jialong1,2, Song Bianbian1
1. School of Economics and Management,Tiangong University,Tianjin 300387,China; 2. Institute for Innovation and Development Strategy,Tiangong University,Tianjin 300387,China
Abstract：Promoting urban entrepreneurial activities is an effective way to boost economic growth,optimize resource allocation and promote social progress.Foreign direct investment (FDI)is an important factor influencing entrepreneurial activity.This paper empirically analyzes the impact of FDI on urban entrepreneurship and its mechanisms using fixed-effects models and instrumental variable methods based on data on newly founded enterprises from the State Administration for Market Regulation (SAMR)and matched data from China City Statistical Yearbook.The results show that①FDI can promote the increase of entrepreneurial activity in cities.②Based on the findings of replacing the core explanatory variables,transforming the sample intervals,eliminating the cities in the provinces with the highest inward FDI,and the IV-2SLS and system-GMM methods,the impact of FDI on urban entrepreneurship is robust.③The heterogeneity analysis shows that FDI significantly promotes high urbanization level,high financial development level and industrial structure upgrading of urban entrepreneurship.④Mechanism analysis shows that FDI can enhance urban entrepreneurial activity through demand creation effect,technological innovation effect and human capital effect.This study has enriched the relevant literature on FDI and urban entrepreneurship research,and has implications for further promoting the opening-up policy and high-quality urban development.
唐家龙, 宋变变. FDI促进城市创业的机制与实证分析——来自中国地级市的经验证据[J]. 中国科技论坛, 2024(12): 165-175.
Tang Jialong, Song Bianbian. Does FDI Boost City Entrepreneurship? The Mechanisms and Empirical Evidence from Prefecture Cities in China. , 2024(12): 165-175.
2024, 
