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Can Unemployment Insurance Spur Entrepreneurial Activity?
Hombert, Johan; Schoar, Antoinette S; Sraer, David; … - C.E.P.R. Discussion Papers - 2014
business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started …
Persistent link: https://www.econbiz.de/10011145401
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Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - C.E.P.R. Discussion Papers - 2011
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive acquisitions by incumbents are shown to stimulate the...
Persistent link: https://www.econbiz.de/10008865973
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Keeping it Simple: Financial Literacy and Rules of Thumb
Drexler, Alejandro; Fischer, Greg; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2010
Individuals and business owners engage in an increasingly complex array of financial decisions that are critical for their success and well-being. Yet a growing literature documents that in both developed and developing countries, a large fraction of the population is unprepared to make these...
Persistent link: https://www.econbiz.de/10008611017
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Perceptions, Expectations, and Entrepreneurship: The Role of Extreme Events
Brück, Tilman; Llussá, Fernanda; Tavares, José - C.E.P.R. Discussion Papers - 2010
We provide, for the first time, comparative evidence of the impact of various types of extreme events – natural disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues – such as fear of failure in starting a business...
Persistent link: https://www.econbiz.de/10008692319
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The Impact of Consulting Services on Small and Medium Enterprises: Evidence from a Randomized Trial in Mexico
Bruhn, Miriam; Karlan, Dean S.; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2012
We test whether managerial human capital has a first order effect on the performance and growth of small enterprises in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...
Persistent link: https://www.econbiz.de/10011083751
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Cultural diversity and entrepreneurship in England and Wales
Hardy, Daniel; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2014
populations. First, more that demonstrating the importance of cultural diversity for entrepreneurship, we show that the type of …
Persistent link: https://www.econbiz.de/10011083888
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Finance and Poverty: Evidence from India
Ayyagari, Meghana; Beck, Thorsten; Hoseini, Mohammad - C.E.P.R. Discussion Papers - 2013
. This suggests that financial deepening contributed to poverty alleviation in rural areas by fostering entrepreneurship and …
Persistent link: https://www.econbiz.de/10011083926
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Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse?
Danakol, Seçil Hülya; Estrin, Saul; Reynolds, Paul; … - C.E.P.R. Discussion Papers - 2014
between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra-industry to be negative. Policies need to consider how to counteract this effect. …
Persistent link: https://www.econbiz.de/10011084197
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Housing Collateral, Credit Constraints and Entrepreneurship - Evidence from a Mortgage Reform
Laerkholm Jensen, Thais; Leth-Petersen, Søren; Nanda, … - C.E.P.R. Discussion Papers - 2014
We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using … point increase in entrepreneurship, equivalent to a 4% increase in the number of entrepreneurs. New entrants were more … benefit from the reform. Our results provide evidence that credit constraints do affect entrepreneurship, but that the overall …
Persistent link: https://www.econbiz.de/10011084236
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Culture, Entrepreneurship, and Growth
Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013
where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …
Persistent link: https://www.econbiz.de/10011084260