{"id":28045,"date":"2026-09-20T13:47:38","date_gmt":"2026-09-20T05:47:38","guid":{"rendered":"http:\/\/sem.tongji.edu.cn\/semen\/?p=28045"},"modified":"2026-09-20T13:47:38","modified_gmt":"2026-09-20T05:47:38","slug":"family%e2%80%91dual%e2%80%91track-mechanism-boosts-entrepreneurship-professor-li-wenchao-published-in-journal-of-development-economics","status":"publish","type":"post","link":"https:\/\/sem.tongji.edu.cn\/semen\/28045.html","title":{"rendered":"Family\u2011Dual\u2011Track Mechanism Boosts Entrepreneurship: Professor LI Wenchao Published in Journal of Development Economics"},"content":{"rendered":"

Professor LI Wenchao from the Department of Economics and Finance, Tongji University School of Economics and Management, together with her co\u2011authors, has published new research in Journal of Development Economics. Entitled D\"\"<\/a>ual\u2011track in the family: How spousal state employment fuels entrepreneurship, the paper explores a novel micro\u2011level channel behind China\u2019s market transition: the \u201cfamily\u2011dual\u2011track\u201d mechanism. Against the backdrop of China\u2019s sustained economic growth alongside a large state\u2011owned sector, she investigates positive spill\u2011over effects between state\u2011sector employment and private\u2011sector entrepreneurship, offering fresh empirical evidence for understanding China\u2019s gradual reform.<\/p>\n

Drawing on China Health and Nutrition Survey data and employing a triple\u2011difference empirical strategy, the research reveals that stable state\u2011sector jobs with comprehensive welfare serve as household risk\u2011sharing buffers. When one spouse holds state\u2011sector employment providing steady income, healthcare and pension benefits, the family obtains an informal safety net that compensates for underdeveloped formal insurance markets during economic transition. This significantly raises the willingness of the other spouse to engage in high\u2011risk entrepreneurial activities. After the 1993 market\u2011oriented reform, individuals with state\u2011employed spouses saw their probability of starting businesses rise by 9.8 percentage points. Such risk\u2011guarantee effects also encourage entrepreneurs to enter risk\u2011intensive industries and increase R&D investment.<\/p>\n

The study yields important theoretical and practical implications. It revisits long\u2011standing debates on state\u2011sector efficiency by identifying a positive externality operating at the household level. For policymakers, the findings highlight that state\u2011sector stability can indirectly energize private innovation through intra\u2011family risk pooling. Rather than merely focusing on firm\u2011level performance, policy design should take household\u2011level risk\u2011sharing into account when supporting entrepreneurship and market development.<\/p>\n","protected":false},"excerpt":{"rendered":"

Professor LI Wenchao from the Department of Economics and Finance, Tongji University School of Economics and Management, together with her co\u2011authors, has published new research in Journal of Development Economics. Entitled Dual\u2011track in the family: How spousal state employment fuels entrepreneurship, the paper explores a novel micro\u2011level channel behind China\u2019s market transition: the \u201cfamily\u2011dual\u2011track\u201d mechanism. […]<\/p>\n","protected":false},"author":33,"featured_media":28046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-28045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-school-news"],"_links":{"self":[{"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/posts\/28045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/comments?post=28045"}],"version-history":[{"count":1,"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/posts\/28045\/revisions"}],"predecessor-version":[{"id":28047,"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/posts\/28045\/revisions\/28047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/media\/28046"}],"wp:attachment":[{"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/media?parent=28045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/categories?post=28045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sem.tongji.edu.cn\/semen\/wp-json\/wp\/v2\/tags?post=28045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}