Showing 1 - 10 of 96
, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance …
Persistent link: https://www.econbiz.de/10012480290
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
-run impacts on experimental bank account use and almost entirely driven by growth in entrepreneurship. Temporary interest rates … directed to joint bank accounts had no detectable long-run impacts on entrepreneurship or income, but increased investment in …
Persistent link: https://www.econbiz.de/10012456145
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
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
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
Global innovation and entrepreneurship has traditionally been dominated by a handful of high-income countries …-ranging positive consequences, including a rise in serial entrepreneurship, cross-sector spillovers, innovation, and broader measures …, especially the US. This paper investigates the international consequences of the rise of a new hub for innovation, focusing on …
Persistent link: https://www.econbiz.de/10014512047
Investments in the US Science, Technology, Engineering, Medicine and Innovation (STEMI) enterprise come from many … innovative than government or business funding alone would yield. It also enables significant innovation in the development of …
Persistent link: https://www.econbiz.de/10014372474
performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim of the Chinese 11th Five …
Persistent link: https://www.econbiz.de/10012480484
In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has recently committed to expanding the middle-income share--moving to a less polarized "olive-shaped" distribution. Recognizing the potential trade-offs, the paper asks whether...
Persistent link: https://www.econbiz.de/10012660061