Can Business Environment Enhance the Development Quality of Enterprises Started up by Returnees to Hometown?
It is crucial to achieve rural revitalization and improve the business environment in rural areas.A good business environ-ment can attract a large number of laborers to return to their hometown for entrepreneurship,and simultaneously help to cultivate high-quality entrepreneurial enterprises from among those started up by returnees to their hometown.Research on the impact and mecha-nism of business environment on the development quality of returnee-started enterprises based on the survey data of 2139 returnee start-ups nationwide in the year 2019.Research shows that a good business environment can significantly improve the quality of develop-ment for entrepreneurial enterprises returning to their hometown;Mechanism analysis finds that a good business environment can im-prove the development quality of the enterprises started up by returnees to their hometown through their social network and digital busi-ness capabilities;Heterogeneity analysis reveals that for development-oriented returnee start-ups,returnee start-ups in China's central and western regions,as well as small and medium-sized returnee start-ups within the secondary industry,a favorable busi-ness environment is particularly instrumental in enhancing their development quality.Therefore,it is recommended that local govern-ments should effectively increase policy support,promote comprehensive optimization of the business environment,do a good job in sci-entific planning,classification guidance,implement and improve differentiated support policies,and make precise efforts.At the same time,targeted and key support policies should be formulated based on the characteristics of enterprise scale,industrial level,and value type,to promote the high-quality development of entrepreneurial enterprises returning to their hometown.
rural revitalizationbusiness environmentreturning home to start a businessdevelopment quality of entrepreneurial en-terprisessupporting policies