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. Such frictions can help explain part of the gender gap in entrepreneurship, and also have implications for how to design …
Persistent link: https://www.econbiz.de/10012480392
We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …
Persistent link: https://www.econbiz.de/10012481000
Angel investor tax credits are used globally to spur high-growth entrepreneurship. Exploiting the staggered … have large positive effects, raising concerns about using investor subsidies to promote entrepreneurship …
Persistent link: https://www.econbiz.de/10012481299
This paper uses administrative data from 87 new venture competitions in 17 U.S. states to show that winning has large, positive effects on measures of subsequent venture success, including employment and financing. While cash prizes are valuable, especially for founders who are likely...
Persistent link: https://www.econbiz.de/10012453839
"illicit" tendencies as youths accounts for both entry into entrepreneurship and the comparative earnings of entrepreneurs. In …
Persistent link: https://www.econbiz.de/10012459385