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The State of American Entrepreneurship : New Estimates of the Quantity and Quality of Entrepreneurship for 15 US States, 1988-2014

Guzman, Jorge - 2016

entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI …, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort …

Persistent link: https://www.econbiz.de/10012456579

Serial Entrepreneurship : Learning by Doing?

Lafontaine, Francine - 2014

in operation. The data show that serial entrepreneurship is relatively uncommon in retail trade. Of the almost 2 …

Persistent link: https://www.econbiz.de/10012458354

Connecting to Power : Political Connections, Innovation, and Firm Dynamics

Akcigit, Ufuk - 2018

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their workers to answer this question. Our analysis uses a brand-new dataset, spanning the period from 1993 to 2014, where we merge: (i) firm-level balance sheet data; (ii) social...

Persistent link: https://www.econbiz.de/10012480788

Enabling Entrepreneurial Choice

Agrawal, Ajay K. - 2020

Entrepreneurs must choose between alternative strategies for bringing their idea to market. They face uncertainty regarding both the quality of their idea as well as the efficacy of each strategy. While entrepreneurs can reduce this uncertainty by conducting tests, any single test conflates the...

Persistent link: https://www.econbiz.de/10012481574

Do Entry Regulations Deter Entrepreneurship and Job Creation? Evidence from Recent Reforms in Portugal

Branstetter, Lee G. - 2010

entrepreneurship: The reform resulted in increased firm formation and employment, but mostly among "marginal firms" that would have …

Persistent link: https://www.econbiz.de/10012462184

Aspirations and Financial Decisions : Experimental Evidence from the Philippines

McKenzie, David J.; Mohpal, Aakash; Yang, Dean - National Bureau of Economic Research - 2021

A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations. In theory, raising aspirations could have positive effects by inducing higher effort, but could also reduce effort if unmet aspirations lead to frustration. Treatment resulted...

Persistent link: https://www.econbiz.de/10012496161

And the Children Shall Lead : Gender Diversity and Performance in Venture Capital

Gompers, Paul A. - 2017

With an overall lack of gender and ethnic diversity in the innovation sector documented in Gompers and Wang (2017), we ask the natural next question: Does increased diversity lead to better firm performances? In this paper, we attempt to answer this question using a unique dataset of the gender...

Persistent link: https://www.econbiz.de/10012455227

Lack of Selection and Limits to Delegation : Firm Dynamics in Developing Countries

Akcigit, Ufuk - 2016

Managerial delegation is essential for firm growth. While firms in poor countries often shun outside managers and instead recruit among family members, the pattern is quite the opposite for firms in rich countries. In this paper, we ask whether these differences in managerial delegation have...

Persistent link: https://www.econbiz.de/10012456767

Hoping to Win, Expected to Lose : Theory and Lessons on Micro Enterprise Development

Karlan, Dean - 2012

Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...

Persistent link: https://www.econbiz.de/10012460338

Management Ownership and Corporate Performance : An Empirical Analysis

Morck, Randall - 1986

We investigate the relation between management ownership and corporate performance, as measured by Tobin's Q. In a cross-section of Fortune 500 firms, Tobin's Q first increases and then declines as board of directors holdings rise. For older firms there is weak evidence that Q is lower when a...

Persistent link: https://www.econbiz.de/10012477014