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A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations …
Persistent link: https://www.econbiz.de/10012496161
catalyze adoption of investments and practices aimed towards enterprise growth. We find that entrepreneurs invest the cash, and …
Persistent link: https://www.econbiz.de/10012460338
, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance … model of technology choice in which talented entrepreneurs can access either a diminishing-returns technology, or a more … entrepreneurial ability is important and persistent. For talented but low-wealth entrepreneurs, short-term access to credit can indeed …
Persistent link: https://www.econbiz.de/10012480290
I use a field experiment in rural Kenya to study how temporary incentives to save impact long-run economic outcomes. Study participants randomly selected to receive large temporary interest rates on an individual bank account had significantly more income and assets 2.5 years after the interest...
Persistent link: https://www.econbiz.de/10012456145
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
(entrepreneurs' motivations for entrepreneurship and constraints faced) has predictive power over and above administrative data … barriers to efficient capital allocation among female entrepreneurs …
Persistent link: https://www.econbiz.de/10014337852
Standard models of investment predict that credit-constrained firms should grow rapidly when given additional capital, and that how this capital is provided should not affect decisions to invest in the business or consume the capital. We randomly gave cash and in-kind grants to male- and...
Persistent link: https://www.econbiz.de/10012461450
Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their workers to answer this question. Our analysis uses a brand-new dataset, spanning the period from 1993 to 2014, where we merge: (i) firm-level balance sheet data; (ii) social...
Persistent link: https://www.econbiz.de/10012480788
Entrepreneurs must choose between alternative strategies for bringing their idea to market. They face uncertainty … regarding both the quality of their idea as well as the efficacy of each strategy. While entrepreneurs can reduce this …
Persistent link: https://www.econbiz.de/10012481574
relatively poorly-educated entrepreneurs, operating in the low-tech sector (agriculture, construction, and retail trade). These …
Persistent link: https://www.econbiz.de/10012462184