Showing 1 - 10 of 48
with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …
Persistent link: https://www.econbiz.de/10012455513
self-employment to 23%. This same time period also witnessed declines in "hometown" local entrepreneurship and the …
Persistent link: https://www.econbiz.de/10012938694
n this paper I examine changes in self-employment that have occurred since the early 1980s in the United States. It is a companion paper to a recent equivalent paper that related to the UK. Data on random samples of approximately twenty million US workers are examined taken from the Basic...
Persistent link: https://www.econbiz.de/10012464674
giving birth after a cutoff date, we study whether the option to return to a previous job increases entrepreneurship. A … regression discontinuity design reveals that longer job-protected leave increases entrepreneurship by 1.9 percentage points …
Persistent link: https://www.econbiz.de/10012456231
This paper examines how government funding programs geared towards early-stage companies interact with private capital markets. Using hand-collected data on 755 government programs worldwide, we find that governments' allocations to such funding programs have been comparable to global venture...
Persistent link: https://www.econbiz.de/10012510623
In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture-backed startup. Having a successful exit and...
Persistent link: https://www.econbiz.de/10013191001
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner characteristics and innovation activities. We find uniformly...
Persistent link: https://www.econbiz.de/10012479519
This paper estimates the effect of relaxing the social insurance mandate on entrepreneurial activity. We use a unique discontinuity in Finland that allows certain entrepreneurs not to pay social insurance contributions on their income. Using rich administrative data, we find that relaxing the...
Persistent link: https://www.econbiz.de/10012479602
segregate into low-return industries and avoid entrepreneurship altogether. In this paper, we present a model of female … entrepreneurship and rule of law that predicts that women will only start businesses when they have both formal legal protection and …
Persistent link: https://www.econbiz.de/10012480311
components to entrepreneurship - "opportunity" and "necessity" - the latter of which is mostly counter-cyclical. Although there … is some agreement on the conceptual distinction between these two factors driving entrepreneurship, there is little … opportunity versus necessity entrepreneurship based on the entrepreneur's prior work status (i.e. based on previous unemployment …
Persistent link: https://www.econbiz.de/10012480322