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Firms and the Economics of Skilled Immigration
Pekkala Kerr, Sari; Kerr, William; Lincoln, William - Harvard Business School, Harvard University - 2014
Firms play a central role in the selection, sponsorship, and employment of skilled immigrants entering the United States for work through programs like the H-1B visa. This role has not been widely recognized in the literature, and the data to better understand it have only recently become...
Persistent link: https://www.econbiz.de/10010852340
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Agglomeration and Innovation
Carlino, Gerald A.; Kerr, William - Harvard Business School, Harvard University - 2014
This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data and some resulting empirical regularities....
Persistent link: https://www.econbiz.de/10010852347
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Cost of External Finance and Selection into Entrepreneurship
Nanda, Ramana - Harvard Business School, Harvard University - 2008
entrepreneurship is due to financing constraints. I exploit a tax reform and use unique micro-data from Denmark to study how exogenous … changes in the cost of external finance shape both the probability of entering entrepreneurship and the characteristics of … wealth and entrepreneurship may be driven by the fact that wealthy individuals with lower ability can start new businesses …
Persistent link: https://www.econbiz.de/10005233254
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Banking Deregulations, Financing Constraints and Firm Entry Size
Kerr, William R.; Nanda, Ramana - Harvard Business School, Harvard University - 2009
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10005087427
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Demand Side Analysis of Microlending Markets in Germany
Kritikos, Alexander S.; Kneiding, Christoph; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...
Persistent link: https://www.econbiz.de/10005018669
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Risk Attitudes and Private Business Equity
Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
Why do people engage in entrepreneurship and commit large parts of their personal wealth to their business, despite … and exit decisions. Nonpecuniary benefits of entrepreneurship, such as being independent in the workplace, also contribute …
Persistent link: https://www.econbiz.de/10010544328
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Who Starts a Business and Who Is Self-Employed in Germany
Fritsch, Michael; Kritikos, Alexander S.; Rusakova, Alina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …
Persistent link: https://www.econbiz.de/10009422061
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Gender Differences in Entrepreneurial Choice and Risk Aversion: A Decomposition Based on a Microeconometric Model
Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
Why are female entrepreneurs so rare? Women have both to a lower entry rate into selfemployment and a higher exit rate in Germany. To explain the gender gap, a structural microeconometric model of the transition rates is estimated, which includes a standard risk aversion parameter. As inputs...
Persistent link: https://www.econbiz.de/10008461826
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Democratizing Entry: Banking Deregulations, Financing Constraints, and Entrepreneurship
Kerr, William; Nanda, Ramana - Harvard Business School, Harvard University - 2006
We examine entrepreneurship and creative destruction following US banking deregulations using Census Bureau data. US … banking reforms brought about exceptional growth in both entrepreneurship and business closures. The vast majority of closures …
Persistent link: https://www.econbiz.de/10005754931
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Local Industrial Conditions and Entrepreneurship: How Much of the Spatial Distribution Can We Explain?
Glaeser, Edward L.; Kerr, William R. - Harvard Business School, Harvard University - 2008
Why are some places more entrepreneurial than others? We use Census Bureau data to study local determinants of manufacturing startups across cities and industries. Demographics have limited explanatory power. Overall levels of local customers and suppliers are only modestly important, but new...
Persistent link: https://www.econbiz.de/10005754933