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The 2021 Paycheck Protection Program Reboot : Loan Disbursement to Employer and Nonemployer Businesses in Minority Communities

Fairlie, Robert W.; Fossen, Frank M. - National Bureau of Economic Research - 2022

Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...

Persistent link: https://www.econbiz.de/10012938701

Support for Paid Family Leave among Small Employers Increases during the COVID-19 Pandemic

Bartel, Ann; Rossin-Slater, Maya; Ruhm, Christopher J.; … - National Bureau of Economic Research - 2021

The United States is one of the few countries that does not guarantee paid family leave (PFL) to workers. Proposals for PFL legislation are often met with opposition from employer organizations, who fear disruptions to business, especially among small employers. But there has been limited data...

Persistent link: https://www.econbiz.de/10012696395

The Effects of COVID-19 on U.S. Small Businesses : Evidence from Owners, Managers, and Employees

Alekseev, Georgij - 2020

We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to understand the effects of the early stages of the COVID-19 pandemic on those businesses. The survey was fielded in late April 2020 among Facebook business page administrators, frequent...

Persistent link: https://www.econbiz.de/10012481136

Aspirations and Financial Decisions : Experimental Evidence from the Philippines

McKenzie, David J.; Mohpal, Aakash; Yang, Dean - National Bureau of Economic Research - 2021

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

Wealth, Tastes, and Entrepreneurial Choice

Hurst, Erik G. - 2015

, yet the preference for business ownership is mostly ignored in models of entrepreneurship and occupational choice. In this … occupational choice. This choice yields several important results: (1) entrepreneurship can be thought of as a normal good …

Persistent link: https://www.econbiz.de/10012457025

Why Don't Women Patent?

Hunt, Jennifer - 2012

We investigate women's underrepresentation among holders of commercialized patents: only 5.5% of holders of such patents are female. Using the National Survey of College Graduates 2003, we find only 7% of the gap is accounted for by women's lower probability of holding any science or engineering...

Persistent link: https://www.econbiz.de/10012460771

Innovation-Driven Entrepreneurship

Botelho, Tristan L.; Fehder, Daniel; Hochberg, Yael V. - National Bureau of Economic Research - 2021

Entrepreneurship is thought to be a key driver of economic growth. While there are myriad forms of entrepreneurship … research provides evidence that the relationship between entrepreneurship and economic growth is driven not by overall quantity …-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …

Persistent link: https://www.econbiz.de/10012599280

Entrepreneurship and the City

Glaeser, Edward L. - 2007

Why do levels of entrepreneurship differ across America's cities? This paper presents basic facts on two measures of … entrepreneurship: the self-employment rate and the number of small firms. Both of these measures are correlated with urban success … entrepreneurship is linked to a large number of small firms in supplying industries. Finally, there is a strong connection between area …

Persistent link: https://www.econbiz.de/10012465095

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe - 2006

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries--incumbents in technologically advanced industries react positively to foreign firm entry, but not in laggard industries. To explain this...

Persistent link: https://www.econbiz.de/10012466642

Education for Innovation : Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements

Baumol, William J. - 2004

This paper explores the following hypotheses on the appropriate education for innovating entrepreneurship: a …

Persistent link: https://www.econbiz.de/10012468115