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Existing empirical evidence suggests that entrepreneurs are optimists, a finding researchers often interpret as evidence of a behavioral bias in entrepreneurial decision-making. We revisit this claim by analyzing an unusually large survey dataset (180,814 responses) that allows us to create a...
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entrepreneurship? We compile four hand-collected measures of high-impact Schumpeterian entrepreneurship (VC-funded IPOs, self … entrepreneurship and the other relating to small business activity. Except for the World Bank measure of firm registration of limited … liability companies quantity-based measures tend to be inappropriate proxies for high-impact Schumpeterian entrepreneurship. …
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