Research on entrepreneurship has flourished in recent years and is evolving rapidly. This paper explores the history of entrepreneurship research, how the research domain has evolved, and its current status as an academic field. The need to concretize these issues stems partly from a general...

We find an inverted relation between a player's birthday and the likelihood of receiving the Ballon d'Or (awarded to the best football player in the world). We develop a multi-period skill formation model with selection into elite education. We show that those born late (underdogs) need to work...

This paper proposes a theory of gazelle growth in which gazelles can either grow organically or by acquisitions. In the model, there are three types of firms: incumbent, target, and gazelle. We show that the lower cost of organic growth can increase the incentives for acquisition growth. The...