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Can Microfinance Unlock a Poverty Trap for Some Entrepreneurs?
Banerjee, Abhijit - 2019
, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance …
Persistent link: https://www.econbiz.de/10012480290
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Who Creates New Firms When Local Opportunities Arise?
Bernstein, Shai - 2018
global commodity prices to municipality level agricultural endowments in Brazil. We find that the firm creation response is …
Persistent link: https://www.econbiz.de/10012480763
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The Persistent Power of Behavioral Change : Long-Run Impacts of Temporary Savings Subsidies for the Poor
Schaner, Simone - 2016
I use a field experiment in rural Kenya to study how temporary incentives to save impact long-run economic outcomes. Study participants randomly selected to receive large temporary interest rates on an individual bank account had significantly more income and assets 2.5 years after the interest...
Persistent link: https://www.econbiz.de/10012456145
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Friendship at Work : Can Peer Effects Catalyze Female Entrepreneurship?
Field, Erica - 2015
Does the lack of peers contribute to the observed gender gap in entrepreneurial success, and is the constraint stronger for women facing more restrictive social norms? We offered two days of business counseling to a random sample of customers of India's largest women's bank. A random subsample...
Persistent link: https://www.econbiz.de/10012457573
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Hoping to Win, Expected to Lose : Theory and Lessons on Micro Enterprise Development
Karlan, Dean - 2012
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10012460338
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Aspirations and Financial Decisions : Experimental Evidence from the Philippines
McKenzie, David J.; Mohpal, Aakash; Yang, Dean - National Bureau of Economic Research - 2021
A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations. In theory, raising aspirations could have positive effects by inducing higher effort, but could also reduce effort if unmet aspirations lead to frustration. Treatment resulted...
Persistent link: https://www.econbiz.de/10012496161
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Give Me a Pass : Flexible Credit for Entrepreneurs in Colombia
Brune, Lasse; Giné, Xavier; Karlan, Dean - National Bureau of Economic Research - 2022
Microcredit promised business growth for small firms lacking access to banking loans. Yet while reaching millions, recent randomized evaluations suggest limited average business impacts. Critics often blame contract rigidity, specifically the fixed and frequent installments, for the lack of...
Persistent link: https://www.econbiz.de/10013462683
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Clusters of Entrepreneurship and Innovation
Chatterji, Aaron - 2013
This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …
Persistent link: https://www.econbiz.de/10012459649
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Immigrant Entrepreneurs and Innovation in the U.S. High-Tech Sector
Brown, J. David - 2019
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …
Persistent link: https://www.econbiz.de/10012479519
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Personal Bankruptcy Law and Innovation around the World
Cumming, Douglas J.; Morck, Randall; Rong, Zhao; Zhang, … - National Bureau of Economic Research - 2024
reforms also redistribute innovation across industries in closer alignment to its distribution in the U.S., which we take to … increasing value-added growth rates across all industries, and by larger margins in industries with more innovation potential …
Persistent link: https://www.econbiz.de/10015056150