Showing 1 - 10 of 143
, 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
Group lending has been widely adopted in the past thirty years by many microfinance institutions as a means to mitigate …
Persistent link: https://www.econbiz.de/10012459814
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
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …
Persistent link: https://www.econbiz.de/10012466642
Interest in the role of entrepreneurial entry in innovation raises the question of the extent to which tax policy … entry, the progressivity of the tax also discourages entrepreneurship, and significantly so for some groups of households … innovative entrepreneurs confounds interpreting this specification. Using education as a measure of potential for innovation, we …
Persistent link: https://www.econbiz.de/10012468142
US Census Bureau poverty measures do not include an explicit need for health care or insurance nor do they consider health insurance benefits to be resources. Consequently, they cannot measure the direct impact of health insurance benefits on poverty. This paper reviews conceptual and practical...
Persistent link: https://www.econbiz.de/10012479922