10 © 2019 by the authors; licensee Eastern Centre of Science and Education, USA Asian Business Research Journal Vol. 4, 10-16, 2019 ISSN(E) : 2576-6759 DOI: 10.20448/journal.518.2019.41.10.16 © 2019 by the authors; licensee Eastern Centre of Science and Education, USA A Quantile Regression Analysis of Contributing Factors Influencing Agribusiness Growth and Entrepreneurship Development: Evidence from Rural China Owusu Samuel Mensah 1  Chen Jianlin 2 Ji You Jun 3 ( Corresponding Author) 1,2,3 School of Business, Jinggangshan University, Qingyuan District, Ji'an City, Jiangxi Province, China Abstract The rapid development of some sectors in the Chinese economy has crippled the growth of agribusiness. Agribusiness sector, which consists of various business activities, plays a vital role in socio-economic development in the areas of job creation, food production and rural development. However, the environmental issues that are more prevalent to the agro-industries thwart the growth and development of the sector. This study employs the quantile regression approach to investigate the relationship between government policies, agribusiness growth and agripreneurship development. Pearson‟s product-moment correlation was also employed to investigate the degree of the linear relationship between the variables. The results of the study revealed a significant positive correlation between agribusiness development, rural education, Research and Development (R&D), legalities, development of family households and intellectual properties. The quantile regression results also disclosed a positive relationship between investments in the rural areas and agribusiness growth and entrepreneurship development. The quantile plots measured the deviations in the asymmetric quantile coefficients, and the results revealed that the coefficients seem to depart slightly at the various quantile points, from the OLS mean effect estimates. Keywords: Agribusiness growth, Entrepreneurship development, Government policies, Quantile regression and rural China. JEL Classification: H51; 128; J43; K49; L26; Q10; Q19. 1. Introduction The role of agriculture in sustainable development and poverty reduction in most developing countries has become a major issue under discussion. The growth in the agricultural sector greatly contributes to Sustainable Development Goal of ending extreme poverty by 2030 and provides means to feed the expected nine billion people in the world by 2050 (Christiaensen et al., 2011). The future of agriculture has been intrinsically linked to the need for better stewardship of natural resources. In China, the agricultural sector serves as an important source of livelihood among many people in rural areas. For a sustainable and continual supply of food in China, the business ethics approach needs to be further encouraged in the agricultural production system among the rural dwellers. China, the country with the largest population worldwide and with arable land of 7 to 10 percent feeds the largest number of mouths in the world. However, the rapid population growth has called for an increase in the production and supply of food to meet the current and future food demand. Therefore, increasing food production means providing enabling environment to support the activities of the agricultural entrepreneurs and the agribusiness sector. According to Edwards and Shultz “agribusiness is a dynamic and systemic endeavor that serves consumers globally and locally through innovations and management of multiple value chains that deliver valued goods and services derived from the sustainable orchestration of foods, fiber and natural resources”(Cristian and Felzensztein, 2013). The Oxford dictionary explains businesses as buying and selling or trade or commercial work. According to Acharya (2007) the word trade or commerce can be an exchange of goods as a means of livelihood or profit. That is agro-processing, production of agro-chemicals and farm machinery, and trade (wholesaling and retailing) are considered as parts of manufacturing (industrial) or service (tertiary) sector. With the structural transformation of the Chinese economy, there has been a decline in the share of agricultural production (farming), whilst the other sectors of the economy such as the processing, distribution and trade are increasingly developing. Therefore, to address this issue, the agribusiness sector in China is adopting a more sustainable approach to ensure an increase in food production, effective and efficient food processing and distribution of agricultural products to make the sector more sustainable. Sustainable agriculture is perceived to be a philosophy and a system