College Student Entrepreneurship in China: Results from a National Survey of Directors of Career Services in Chinese Higher Education Institutions

Abstract

As the number of college graduates increases dramatically in recent years in China, the Chinese Central government encourages college graduates to partake in entrepreneurial activities.The current study uses data from a nationwide institutional survey of directors of career services of 840 Chinese colleges and universities to study the current situation of student entrepreneurship and relevant institutional guidance practices.Our results show that, although China's college graduates have a high level of entrepreneurial intention, the actual entrepreneurship population is low, and the entrepreneurship survival rate is not high.Among all colleges and universities, directors of career services in most competitive universities rate higher to the entrepreneurial guidance practices provided in their institutions.Our findings suggest that governments and higher education institutions should pay attention to cultivating college students' entrepreneurial spirit, encouraging opportunity entrepreneurship, as well as providing substantial startup supports based on actual needs.

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