Showing 1 - 10 of 44
A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage. Using investment data for 400,000 individuals, we...
Persistent link: https://www.econbiz.de/10010610137
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10011144207
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010604486
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010607007
We study how firm-specific complementary assets and intellectual property rights affect the management of knowledge workers. The main results show when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We...
Persistent link: https://www.econbiz.de/10010757344
We examine trends in entrepreneurship among white and black men from 1910 to 1990 using Census and CPS microdata …
Persistent link: https://www.econbiz.de/10010775494
entrepreneurship among several ethnic/racial groups in the United States.  I find rapid growth rates for the number of self …
Persistent link: https://www.econbiz.de/10010775495
Estimates from the Panel Study of Income Dynamics (PSID) indicate that African-American men are one-third as likely to be self-employed as white men.  The large discrepancy is due to a black transition rate into self-employment that is approximately one half the white rate and a black...
Persistent link: https://www.econbiz.de/10010737349
Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate …
Persistent link: https://www.econbiz.de/10010843011
Theoretical models of entrepreneurship posit that attitudes toward risk, entrepreneurial ability, and preferences for … rapidly growing empirical literature on entrepreneurship, however, have been able to test whether these factors are important … determinants of self-employment. Theoretical models of entrepreneurship posit that attitudes toward risk, entrepreneurial ability …
Persistent link: https://www.econbiz.de/10010843017