2024
DOI: 10.1057/s41599-024-03201-3
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Knowledge creates value: the role of financial literacy in entrepreneurial behavior

Shulin Xu,
Kangqi Jiang

Abstract: Under the backdrop of economic globalization and the digital economy, entrepreneurial behavior has emerged not only as a focal point of management research but also as an urgent topic within the domain of family finance. This paper scrutinizes the ramifications of financial literacy on household entrepreneurial behavior utilizing data from China’s sample of the China Household Finance Survey spanning the years 2015 and 2017. Employing the ordered Probit model, we pursue our research objectives. Our findings su… Show more

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