Guangwei Li 郦光伟

ACADEMIC APPOINTMENTS

ShanghaiTech University, School of Entrepreneurship and Management, Shanghai, China

Assistant Professor, PI, 2017-present

Team Leader, Global Entrepreneurship Monitor (GEM) China team, 2023-present

Program Coordinator, Minor in Entrepreneurship and Management, 2021-present

Director, Technological Innovation and Entrepreneurship Research Center, 2021-present

Cofounder & Lead Faculty, SEM Innovation and Startup Studio, 2018-2022

Program Coordinator, Minor in Innovation and Entrepreneurship, 2018-2021

EDUCATION

Ph.D., Public Policy and Management (Strategy, Entrepreneurship and Technological Change),

Carnegie Mellon University , 2017

M.P.M., Carnegie Mellon University , 2007

B.A., Economics, University of International Business and Economics , China, 2002

research area

Economics and Management of Innovation; Entrepreneurship; Innovation and Entrepreneurship Policy

Research Interests

Guangwei is mainly engaged in interdisciplinary research on the basic principles of technological innovation and entrepreneurship and applying these principles to help nations, companies, and entrepreneurs better manage innovation and entrepreneurship.

Journal Articles

Cao, Linyi, Helu Jiang, Guangwei Li, and Lijun Zhu. Forthcoming. “Haste Makes Waste? Quantity-Based Subsidies under Heterogeneous Innovations.” Journal of Monetary Economics.
Branstetter, Lee G, Guangwei Li*, and Mengjia Ren. Forthcoming. “Picking Winners? Government Subsidies and Firm Productivity in China.” Journal of Comparative Economics.
Hong, Suting, Guangwei Li*, Wangshuai Wang, and Zhiqi Zhao*. 2022. “Does Winning a Venture Competition Encourage Entrepreneurial Exploration? Evidence from China.” China Economic Review 76: 101876.

Working Papers

“Does ‘Made in China 2025’ Work for China? Evidence from Chinese Listed Firms,” with Lee Branstetter. Revise and Resubmit at Research Policy.
“How Has China Built Its Electric Vehicle Industry? Parallel Catch-up via State-led Sectoral hedging and integration,” with Yunhao Zhang.
“VC Backing and the Market Valuation of Firm Innovation,” with Jianjun Jia, Yu’en Lin and Zhiwei Wang.
“Decision Rights versus Ownership Stake: Effects of Pre-Founding Experience on Founders’ Preference,” with Zhao Zhou and Linqing Huang.
“The Role of R&D Offshoring in Knowledge Diffusion: New Evidence from China”

Book Chapters

Branstetter, Lee, Guangwei Li. Forthcoming. "The Challenges of Chinese Industrial Policy," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 3, National Bureau of Economic Research.
Branstetter, Lee, Guangwei Li, and Francisco Veloso. 2015. “The Rise of International Coinvention.” In The Changing Frontier: Rethinking Science and Innovation Policy, edited by Adam Jaffe and Benjamin Jones. Chicago and London: University of Chicago Press.

Press Coverage

The Economist. Special report. “‘Homeland economics’ will make the world poorer”. October 2, 2023.
The Wall Street Journal. The Editorial Board. “Does China Really Pick Winners?”. December 15, 2022.
East Asia Forum. “Government subsidies don’t boost Chinese firms’ productivity”. September 14, 2023.
VoxDev. “China does not pick – or create – winners when giving subsidies to firms”. August 29, 2023.
VoxChina. “Picking Winners? Government Subsidies and Firm Productivity in China”. June 21, 2023.
CEPR & VoxEU. “China does not pick – or create – winners when giving subsidies to firms”. March 9, 2023.
CEPR & VoxEU. “The actual effect of China's ‘Made in China 2025’ initiative may have been overestimated”. December 15, 2022.