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entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI …, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort …
Persistent link: https://www.econbiz.de/10012456579
, where education increases the level of entrepreneurship. Human capital spillovers occur at the city level because skilled … productivity or entrepreneurship, not with growth in quality of life, at least outside of the West. We also find that skills seem …
Persistent link: https://www.econbiz.de/10012461723
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10012464906
Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly … mining deposits is associated with bigger firms and fewer start-ups in the middle of the 20th century. We use mines as an … instrument for our entrepreneurship measures and find a persistent link between entrepreneurship and city employment growth; this …
Persistent link: https://www.econbiz.de/10012460330
We present a theory of spatial development. Manufacturing and services firms located in a continuous geographic area choose each period how much to innovate. Firms trade subject to transport costs and technology diffuses spatially across locations. The result is a spatial endogenous growth...
Persistent link: https://www.econbiz.de/10012463301
In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture-backed startup. Having a successful exit and...
Persistent link: https://www.econbiz.de/10013191001
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries …. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner …
Persistent link: https://www.econbiz.de/10012479519
discontinuity in Finland that allows certain entrepreneurs not to pay social insurance contributions on their income. Using rich … administrative data, we find that relaxing the social insurance mandate leads entrepreneurs to significantly reduce their …
Persistent link: https://www.econbiz.de/10012479602
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur. Using events surrounding the Cultural Revolution and the issuance of the Compulsory Education...
Persistent link: https://www.econbiz.de/10012480969
on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on …We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … differentiates between entrepreneurs and other self-employed to address puzzling gaps that have emerged between theory and evidence …
Persistent link: https://www.econbiz.de/10012481000