Entrepreneurial Reluctance: Talent and Firm Creation in China

The Rohatyn Center for Global Affairs program on Global Economics presents Professor Ruixue Jia and “Entrepreneurial Reluctance: Talent and Firm Creation in China.”

Professor Ruixue Jia is interested in the interplay of economics, history and politics. One stream of her research focuses on understanding elite formation and elite influence, in both historical and modern contexts. A second focus of her work is the deep historical roots of economic development. More recently, she started following the ongoing transformation of the manufacturing sector in China and expanded her interest to labor and technology issues.

Ruixue Jia’s talk about the advances of automation and robotics in China, has recently emerged as a major player in the global economy. It is the second largest economy in the world. The global, and integrated, supply chains rely on producers in China; it is also a major source of demand for many goods and services the U.S. produces. A conventional view holds that Chinese economy is labor intensive, and that the U.S. will continue to experience a tightening of its manufacturing labor force as more production processes get automated and more firms outsource their upstream production overseas. Ruixue Jia’s research overturns this conventional view by showing that China is at the forefront of this new automation wave and the rise of robotics in production. Her fascinating work digs deeper into the consequences of how this transformation will affect China’s economy, and thereby, the global economy.

To join this webinar, use this Zoom Link or visit the Rohatyn Center for Global Affairs events.