中文摘要：

文章借助管理学的战略理论和经济学的边际效益原理构建核心理论体系,旨在阐释区域创业活跃度与经济效益之间的匹配关系,进而使PVAR模型对我国创业活动经济效应进行了系统的实证分析。基于我国地区面板数据的考察发现：在一定时期内,创业活跃度提高了,然而创业活动的经济增长效应和就业效应不显著或为负值,因而验证了创业悖论在区域的存在性。据此提出如下政策启示：根据不同的区域和时空情景,创业政策的设计、选择和实施的侧重点和具体内容应有所不同;创业政策的重点之一在于引导和鼓励国内外有识之士创业,旨在为营造知识创业提供政策支持;创业政策的主要功能应定位于整合各种资源为提升创业质量服务。

英文摘要：

In this paper, we explain the matching relation between entrepreneurial activity and economic efficiency by constructing thecore theory system through applying the strategic theory of management and the marginal benefit theory of economics, and then use thePVAR model to make a systematic empirical analysis on the economic effect of entrepreneurial activities in China. Through a study of theregional panel data of China, in a certain period of time, the entrepreneurial activity is increasing, but the economic growth effect and em-ployment effect of the entrepreneurial activity are not significant（or negative）. Thus it confirms the existence of the entrepreneurial para-dox in the region. In view of the above, the paper proposes the following policy implications： According to the different regions and space-time, the emphasis and specific contents of the entrepreneurial policy design, choice and implementation should be different; One of thepriorities of the entrepreneurial policy is to guide and encourage people at home and abroad to start businesses, in order to provide policysupport for the creation of knowledge entrepreneurship; The main function of the entrepreneurial policy should be set at the integration ofvarious resources to provide services for improving entrepreneurial quality.