Abstract
This research utilizes a dataset of Chinese listed manufacturing firms spanning the years 2012 to 2022 to investigate the interplay between industry concentration and the distribution of entrepreneurial activities. The findings reveal that a rise in industry concentration notably hampers productive entrepreneurial endeavors while concurrently stimulating non-productive ones. Furthermore, business anticipations are found to mitigate the suppressive impact of heightened industry concentration on productive entrepreneurship, and conversely, they amplify its stimulatory effect on non-productive entrepreneurship.
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