Showing 1 - 10 of 31
We study the impact of state-owned enterprises (SOEs) on the quality of entrepreneurship in China. Using long series of … firm registration and performance data, we document that the massive SOE downsizing in the late 1990s significantly … high-skilled SOE employees were reluctantly unleashed into entrepreneurship. We also provide corroborating evidence for …
Persistent link: https://www.econbiz.de/10014372457
economic activity in the form of higher entrepreneurship. Using administrative census data linked to the complete formal … created include both employer and non-employer firms and are relatively low on assets. In panel data specifications, the …
Persistent link: https://www.econbiz.de/10013462673
Exploitation of disruptive technologies often requires resource deployment that creates conflict if there are divergent beliefs regarding the efficacy of a new technology. This arises when a visionary agent has more optimistic beliefs about a technological opportunity. Exploration in the form of...
Persistent link: https://www.econbiz.de/10013210119
underrepresented founders. The article ends with an extensive set of research ideas motivated by the gaps in the entrepreneurship …
Persistent link: https://www.econbiz.de/10013388800
, we find that 6% of Republicans and 4% of Democrats become entrepreneurs. This partisan entrepreneurship gap is time …-varying: Republicans increase their relative entrepreneurship during Republican administrations and decrease it during Democratic … entrepreneurship around the elections of President Obama and President Trump, and the strongest effects among the most politically …
Persistent link: https://www.econbiz.de/10013334466
We examine the impact of local racial demonstrations, such as Black Lives Matter (BLM) protests, and the subsequent racial justice movement following the death of George Floyd on racial disparities in Paycheck Protection Program loan disbursements to small businesses. Using...
Persistent link: https://www.econbiz.de/10014544755
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new … employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of …
Persistent link: https://www.econbiz.de/10014544679
Persistent link: https://www.econbiz.de/10003420277
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014372477