Showing 1 - 10 of 276
Younger entrepreneurs are disadvantaged by traditional loan underwriting, which relies heavily on personal credit scores. With data from three fintech companies, we show that incorporating timely information about ability to repay from business checking account statements particularly improves...
Persistent link: https://www.econbiz.de/10015195013
This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start-up firm rather than an established firm. The model predicts that university inventions are more likely to occur in start-ups when the technology transfer officers (TTOs) search cost...
Persistent link: https://www.econbiz.de/10012467204
entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …
Persistent link: https://www.econbiz.de/10012467229
We explore the impact of the institutional environment on the nature of entrepreneurial activity across Europe. Political, legal, and regulatory variables that have been shown to impact capital market development influence entrepreneurial activity in the emerging markets of Europe, but not in...
Persistent link: https://www.econbiz.de/10012468529
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
Slave property rights yielded a source of collateral as well as a coerced labor force. Using data from Dun and Bradstreet linked to the 1860 census and slave schedules in Maryland, we find that slaveowners were more likely to start businesses prior to the uncompensated 1864 emancipation, even...
Persistent link: https://www.econbiz.de/10012456194
giving birth after a cutoff date, we study whether the option to return to a previous job increases entrepreneurship. A … regression discontinuity design reveals that longer job-protected leave increases entrepreneurship by 1.9 percentage points …
Persistent link: https://www.econbiz.de/10012456231
We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to … into the United States, comprehensive data for quantifying immigrant entrepreneurship are difficult to assemble. We combine …
Persistent link: https://www.econbiz.de/10012456292
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
We examine the relationship between house prices and entrepreneurship using micro data from the US Census Bureau …. Increases in house prices are often thought to drive entrepreneurship through unlocking the collateral channel for bank loans … effects (i.e., that people with more valuable homes are more likely to enter entrepreneurship for reasons other than access to …
Persistent link: https://www.econbiz.de/10012457210