Entrepreneurship,Economic Growth Goal and High-quality Economic Development
WANG Wenju1, YAO Yijia2
1. School of Economics,Beijing Wuzi University,Beijing 101149,China; 2. School of Economics,Capital University of Economics and Business,Beijing 100070,China
Abstract Based on the provincial panel data of China from 2001 to 2017, under the background of introducing local governments to set economic growth targets, the systematic GMM method is used in this paper to empirically study the effect of entrepreneurship on high-quality economic development. The results show that entrepreneurship significantly improves the high-quality economic development. After introducing the regulatory role of government economic growth goals, it is found that when local governments set higher economic growth goals, the weaker the role of entrepreneurship in promoting high-quality economic development, that is, the excessively high economic growth goals set by local governments will inhibit the role of entrepreneurship in promoting high-quality economic development. The conclusion of the study provides a policy basis for inspiring and protecting entrepreneurship in the new era and improving the role of entrepreneurship in promoting high-quality economic development.
2021, Vol. 38 
