Research on the Impact of Participation in the Belt and Road Construction on Urban Entrepreneurship Activity
The Belt and Road Initiative provides important support for enhancing connectivity between countries and regions along its routes,and also provides new impetus for the promotion of urban entrepreneurial activity.This article analyzes panel data from 288 cities spanning from 2006 to 2021 and employs the difference-in-differences model to conduct an empirical analysis of how the Belt and Road Initiative af-fects urban entrepreneurial activity and the mechanism behind this effect.The study found that the Belt and Road Initiative helps to pro-mote the improvement of urban entrepreneurial activity.The mechanism test shows that the Belt and Road Initiative mainly promotes urban entrepreneurial activity by optimizing industrial compatibility,fostering R&D innovation investment,and leveraging the talent agglomera-tion effect.Further analysis shows that the Belt and Road Initiative has a spatial spillover effect on the entrepreneurial activity of neighbor-ing cities.This paper aims to provide an in-depth analysis of the economic impact of the Belt and Road Initiative in China and offers policy references for promoting high-quality entrepreneurship.
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