Laurent De Serres Berard

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Of all firms founded between 1980 and 1990 by rural entrepreneurs, only one year, 1980, had an average size of private-sector firms close to the seven-employee rule. In that year, the average number of employees was 8.89. The largest average employment was 37 persons in 1983, and it was 30 persons in 1985.
Capitalism with Chinese Characteristics: Entrepreneurship and the State
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