Browse > Article

An Analysis of Chinese Technology Billionaires  

Sun, Yunhao (한남대 탈메이지교양대학)
Seol, Sung-Soo (한남대 경제학과)
Publication Information
Journal of Korea Technology Innovation Society / v.21, no.4, 2018 , pp. 1577-1605 More about this Journal
Abstract
This study analyzes China's technology billionaires. However, this study does not show the accumulating process of wealth in each of the Chinese billionaires, because there are many technology billionaires, but only deals with the macro analysis of the technology billionaire; the pattern of existence, comparison with other industries, the process of wealth creation reflecting China's particularity, and comparison with the world's technology billionaires. The findings of this study are as follows. First, more than 10 billion yuan of Chinese billionaires will emerge from 2004. Second, in the early days, illegal and corruption made rich, but the wealth of own efforts has gradually increased. Third, the real estate and manufacturing billionaires are still strong overall, but the growth of billionaires in technology, medicine and finance industry is remarkable. Fourth, in the case of the top 10 richest, four are from real estate, four from technology, and two from manufacturing and distribution. Most technology billionaires are in Guangdong, Zhejiang, Beijing and Shanghai. The determinants of the number of billionaires are GDP, exchange rate to US Dollar and Shenzen Stock Index, and those of technology billionaire are GDP and exchange rate. Given the relationship with existing theories, this study can be called the fifth type of billionaire research. Conceptually, the main reason for accumulating wealth is the search for policy opportunities, market opportunities and technology opportunities.
Keywords
Technology Commercialization Theory; Technology Business; Technology Billionaire; Billionaire Research; Chinese Technology Billionaire;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Pimentel, V., Aymar, I. M. and Lawson, M. (2018), Reward Work, Not Wealth, Oxford: Oxfam GB, January, DOI: 10.21201/2017.1350
2 Prinz, A. (2016), "Do Capitalistic Institutions Breed Billionaires?", Empirical Economics, 51(4): 1319-1332.   DOI
3 Sanandaji, T. (2013), "The International Migration of Billionaires", Small Business Economics, 42: 329-338.
4 김문환.설성수 (2018, 근간), "기술업 억만장자 거시분석 - 거꾸로 보는 기술사업화 관점에서", 기술혁신학회지.
5 김소중 (1992), "중국의 개혁.개방정책", 중국학논총, 1: 33-84.
6 김용선 (2001), "개혁이후 중국 대외무역발전의 추이와 전망", 중국학논총, 11: 159-184.
7 박정수 (2010), "개혁개방 30면, 중국통상정책의 추세와 전망", 중국학논총, 31: 265-284.
8 박현우.설성수.조성복 (2013), 기술사업화론-기술사업화를 넘어 기술비즈니스까지, 한국기업기술가치평가협회.
9 설성수.유창석.고창룡.최현호 (2017), 가치창출과 분석, 한국기업기술가치평가협회, 2017.
10 조현준 (2005), "중국 FDI정책의 목표, 전개, 성과 및 과제", 국제지역연구, 1-39.
11 Sinha, S. (2006), "Evidence for Power-Law Tail of the Wealth Distribution in India", Physics A, 359: 555-562.   DOI
12 Sanandaji, T. and Leeson, P. T. (2013), "Billionaires", Industrial and Corporate Change, 22(1): 313-337.   DOI
13 Siegfried, J. J. and Roberts, A. (1991), "How Did the Wealthiest Britons Get So Rich?", Review of Industrial Organization, 6: 19-32.   DOI
14 Siegfried, J. J. and Round, D. K. (1994), "How Did the Wealthiest Australians Get So Rich?", Review of Income Wealth, 40(2): 191-204.   DOI
15 Sviokla, J. and Cohen, M. (2015), The Self-Made Billionaire Effect: How Extreme Producers Create Massive Value, PricewaterhouseCoopers, LLT.
16 Tome, E. (2017), "Intellectual Capital and Billionaires - an Empirical Study", Proceedings of the European Conference on Intellectual Capital, April: 330-338.
17 Torgler, B. and Piatti, M. (2013), "Extraordinary Wealth, Globalization, and Corruption", Review of Income and Wealth, 59(2): 341-359.   DOI
18 Treisman, D. (2016), "Russia's Billionaires", American Economic Review, 106(5): 236-241.   DOI
19 UBS/PwC (2016), Billionaires Insights 2015: The Changing Faces of Billionaires, Jan.
20 Van der Panne, G., Van Beers, C. and Kleinknecht, A. (2003), "Success and Failure of Innovation: A Literature Review", International Journal of Innovation Management, 7(3): 309-338.   DOI
21 Gurman, M., Rojanasakul, M. and Sam, C. (2018), How Apple Overcame Fits and Flops to Grow Into a Trillion-Dollar Company, August 2, https://www.bloomberg.com/graphics/2018-apple-at-one-trillion-market-cap/.
22 Akisik, H. Y. and Kutluturk, M. M. (2014), "The Factors of Billionaire Generating Capacity of World Countries", Actual Problems of Economics, 157(7): 470-479.
23 Blitz, R. C. and Siegfried, J. J. (1992), "How Did the Wealthiest Americans Get So Rich?", Quarterly Review of Economic Finance, 32: 5-26.
24 Carlyle, E. (2012), How America's Wealthiest Get Rich, March, Forbes, https://www.forbes.com/sites/erincarlyle/2012/03/13/how-americas-wealthiest-get-rich/#1b5b954a506e.
25 Ding, N. and Wang, Y. G. (2007), "Power-Law Tail in the Chinese Wealth Distribution", China Physics Letter, 24: 2434-2436.   DOI
26 Dragulescu, A. and Yakovenko, V. M. (2001), "Exponential and Power-Law Probability Distributions of Wealth and Income in the United Kingdom and the United States", Physics A, 299: 213-221.   DOI
27 Hazledine, T. and Siegfried, J. (1997), "How Did the Wealthiest New Zealanders Get So Rich?", New Zealand Economic Paper, 31(1): 35-47.   DOI
28 Henrekson, M. and Sanandaji, T. (2014), "Small Business Activity Does Not Measure Entrepreneurship", Proceedings of the National Academy of Sciences of the United States of America, 111(5): 1760-1765.   DOI
29 杜亮 (2003), "中国富豪的罪与罚", 中国企业家, 11: 4-7.
30 Wai, J. and Rindermann, H. (2017), "What Goes Into High Educational and Occupational Achievement? Education, Brains, Hard Work, Networks, and Other Factors", High Ability Studies, 28(1): 127-145.   DOI
31 梁胜 (2003), "2003中国富豪的"黑色流年", 当代经济, 12: 34.
32 刘杰文 (2000), "中国富豪刘永好的成功之诀", 税收征纳, 06: 30-32.
33 李帆 (2003), "中国富豪戴着镣铐起舞?", 中国科技财富, 12: 14-21.
34 闻泽 (2004), "2003中国富豪沉浮透视", 当代经济, 04: 17.
35 史建东 (2005), "成就中国富豪房地产业有金砖?", 中国经济周刊, 19: 26-27.
36 徐云波 (2003), "中国富豪九种创业类型", 科技创业月刊, 10: 55-57.
37 石述思 (2010), "中国富豪的15个特质", 中国企业家, 05.20., 100-101.
38 柴强 (2008), 我国房地产制度改革与市场发展30年, 09.
39 牛文文 (2002), "那一群隐身富豪", 南风窗, 01: 74-75.
40 云鹏 (2014), "中国富豪们如何实现财富传承", 大众理财顾问, 01: 40-41.
41 张伟 (2017), "中国富豪接班大考", 中国经济周刊, 32.
42 蒋卫武 (2007), "财富传奇的终结者-2007年度中国富翁落马榜", 小康, 12: 66-68.
43 周道炯 (1989), 中华人民共和国固定资产投资管理大事记: 1949-1987, 中国财政经济出版社.
44 Klass, O. S., Biham, O., Levy, M., Malcai, O. and Solomon, S. (2007), "The Forbes 400, the Pareto Power-Law and Efficient Markets", European Physics Journal B, 55: 143-147.   DOI
45 Jayadev, A. (2008), "A Power Law Tail in India's Wealth Distribution: Evidence from Survey Data", Physics A, 387: 270-276.   DOI
46 Kim, M. H. and Seol, S. S. (2018), "A Macro Analysis of Technology Billionaires", Proceedings of the ASIP 2018 Bangkok Conference, Thammasat University, September: 13-15.
47 Klass, O. S., Biham, O., Levy, M., Malcai, O. and Solomon, S. (2006), "The Forbes 400 and the Pareto Wealth Distribution", Economic Letter, 90: 290-295.   DOI
48 Levy, M. (2003), "Are Rich People Smarter?", Journal of Economic Theory, 110: 42-64.   DOI
49 Petras, J. (2008), "Global Ruling Class: Billionaires and How They "Make It"", Journal of Contemporary Asia, 38(2): 319-329.   DOI
50 陈小亮.陈彦斌 (2016), "中国富豪创新不足的历史溯源", 学习与探索, 12: 115-119.
51 肖易石 (2010), "透视中国富豪们创业中的八种模式", 科技与企业, 01.06. 27-30.
52 崔晓林 (2016), "中国富豪出海玩球 3年15家海外俱乐部换成了中国老板", 中国经济周刊, 33: 16-22.
53 胡润.唐建光.主编 (2003), 财富时刻, 海南出版.
54 胡润研究院 (2015), 中国富豪特别报告(2015), 12-15.