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 … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 …

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …

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 …

Platforms often have "crowds" of amateurs working on them as complementors, in other cases professional entrepreneurs …

Serial entrepreneurs, who open more than one business, are found to have higher sales and higher productivity than … novice entrepreneurs, who open one business. Using panel data on entrepreneurs and their firms from Denmark for 2001 … entrepreneurs that hold a portfolio of overlapping ongoing firms perform the best, as do those that open as limited liability firm …

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 …

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 …

Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to … entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older … workers in society slows entrepreneurship. Older workers do not possess the advantages of youth, but more significant is that …