article considers one friction that currently affects a small, but important, set of entrepreneurs: racial and gender … financing of startups. Female founders manage 16-25% of all startups, while Black entrepreneurs rarely exceed 3% of the startup … underrepresented founders. The article ends with an extensive set of research ideas motivated by the gaps in the entrepreneurship …

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 …

entrepreneurship and rule of law that predicts that women will only start businesses when they have both formal legal protection and … a comparative advantage at violence and there is little rule-of-law, then unequal bargaining power can lead women to … segregate into low-return industries and avoid entrepreneurship altogether. In this paper, we present a model of female …

for women facing more restrictive social norms? We offered two days of business counseling to a random sample of customers … of India's largest women's bank. A random subsample was invited to attend with a friend. The intervention had a … were stronger among women from religious or caste groups with social norms that restrict female mobility …

participate, and over 50% of them are entrepreneurs. We then exploit an identification strategy by comparing the entrepreneurial …

We study the impact of state-owned enterprises (SOEs) on the quality of entrepreneurship in China. Using long series of … improved the quality of entrepreneur- ship. Compared with entrepreneurs in other time periods, firms founded by the reluctant … entrepreneurs induced by the SOE layoffs have better performances. To explain these results, we present a simple model of …

heightened entrepreneurship is due to channels like greater finance access or heightened inspiration for women entrepreneurs …/informal sector. These new establishments were concentrated in industries where women entrepreneurs have been traditionally active and …We quantify the link between the timing of state-level implementations of political reservations for women in India …

with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …

. Our results suggest that networking frictions are an important reason men benefit more than women from exposure to VCs …. Such frictions can help explain part of the gender gap in entrepreneurship, and also have implications for how to design …

Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new … employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of … immigrant founders, their economic impact, and policy levers. We provide updated statistics on the share of US entrepreneurs who …